ANU - STUDYAT - Funds Management

Offered By:	School of Finance and Applied Statistics
Academic Career:	Graduate Coursework
Course Subject:	Financial Management
Offered in:	FINM7021 will not be offered in 2010
Unit Value:	3 units
Course Description:	This course covers issues associated with professional funds management. Topics include the funds management industry, superannuation, managed fund products, asset allocation, stock selection and performance measurement. Topic 1: Introduction (The nature of the funds management industry, super funds, unit trusts, and hedge funds: types, objectives and strategies, investor preferences) Topic 2: Portfolio Analysis (Fundamentals of portfolio analysis, pricing of securities: CAPM and APT) Topic 3: Asset Allocation (Asset allocation strategies, strategic and tactical asset allocation, asset mix management) Topic 4: Strategies (Stock selection, active/passive strategy, portfolio construction and optimisation, performance of strategy over time, examples of stock selection decisions, market timing: using futures and options in active portfolio management) Topic 5: Performance and Measurement (Performance measurement, evaluating investment strategies, risk adjusted performance, stock selection and market timing performance, appraising fund performance)
Learning Outcomes:	This course focuses on the management of funds such as superannuation. It provides students with an understanding of risk and return and portfolio constuction. Topics covered include CAPM, APT, convexity, immunisation, bond ratings,disciplined stock selection, managing asset mix, international investing, evaluating portfolio asset mix, IPOs, managing with options and technical analysis
Indicative Assessment:	Take home exam and class participation.
Workload:	19 hours face-to-face plus 65 hours.
Course Classification(s):	TransitionalTransitional courses are designed for students from a broad range of backgrounds and learning achievements, which provide for the acquisition of generic skills; or an informed understanding of contemporary issues; or fundamental knowledge for transition to Advanced or Specialist courses.
Areas of Interest:	Finance
Eligibility:	At least an average of 65% (or equivalent) in the final two years of an Australian undergraduate degree with at least one year of university level study in quantitative analysis, including basic mathematics and data analysis techniques.
Assumed Knowledge and Required Skills:	Introductory courses in both Accounting and Finance
Prescribed Texts:	See Course Website: http://ecocomm.anu.edu.au/courses/course.asp?code=FINM7021
Preliminary Reading:	See Course Website: http://ecocomm.anu.edu.au/courses/course.asp?code=FINM7021
Indicative Reading List:	See Course Website: http://ecocomm.anu.edu.au/courses/course.asp?code=FINM7021
Other Information:	For further information please refer to http://ecocomm.anu.edu.au/courses/course.asp?code=FINM7021
Academic Contact:	See http://ecocomm.anu.edu.au/courses/course.asp?code=FINM7021

Funds Management FINM7021 - Details