PORTFOLIO MANAGEMENT

FIN5PMT

2015

Credit points: 15

Subject outline

This unit seeks to provide a structured approach to portfolio management. This approach includes researching ideas, forecasting exceptional returns, constructing and implementing portfolios and observing and refining their performance. The approach draws on theories of asset pricing such as the Capital Asset Pricing Model and the Arbitrage Pricing Model, as well as a range of statistical tools for its structure and intuition. Particular attention is given to managing portfolio risk and portfolio performance evaluation and attribution.

SchoolLa Trobe Business School

Credit points15

Subject Co-ordinatorJing Zhao

Available to Study Abroad StudentsNo

Subject year levelYear Level 5 - Masters

Exchange StudentsNo

Subject particulars

Subject rules

PrerequisitesN/A

Co-requisitesN/A

Incompatible subjectsN/A

Equivalent subjectsN/A

Special conditionsN/A

Readings

Resource TypeTitleResource RequirementAuthor and YearPublisher
ReadingsManaging investment portfolios: a dynamic process (3rd ed.)PrescribedMaginn, J., Tuttle, D., McLeavey, D., and J. PintoJOHN WILEY & SONS: NEW JERSEY, 2007

Graduate capabilities & intended learning outcomes

01. To analyse the relative merits of passive versus active portfolio management

Activities:
Lectures, portfolio simulation project
Related graduate capabilities and elements:
Critical Thinking (Critical Thinking)
Teamwork (Teamwork)

02. To develop an understanding of the financial and mathematical theory on which the practice of passive and active portfolio management is founded;

Activities:
Lectures, tutorials, midterm and final exams
Related graduate capabilities and elements:
Writing (Writing)
Inquiry/ Research (Inquiry/ Research)

03. To develop the analytical thinking required to apply financial theory and skills to solving actual portfolio management problems on the one hand and to analyse empirical and theoretical problem in a scholarly manner on the other.

Activities:
Lectures, portfolio simulation project, midterm and final exams
Related graduate capabilities and elements:
Inquiry/ Research (Inquiry/ Research)
Critical Thinking (Critical Thinking)

04. To develop the practical skills required to construct, manage and analyse the performance of a portfolio of financial assets, subject to the objectives of the owner;

Activities:
Lectures, tutorials, portfolio simulation project
Related graduate capabilities and elements:
Inquiry/ Research (Inquiry/ Research)
Critical Thinking (Critical Thinking)

Subject options

Select to view your study options…

Start date between: and    Key dates

Melbourne, 2015, Semester 1, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorJing Zhao

Class requirements

Lecture Week: 10 - 22
One 2.0 hours lecture other recurrence on weekdays during the day from week 10 to week 22 and delivered via face-to-face.

Tutorial Week: 10 - 22
One 1.0 hours tutorial other recurrence on weekdays during the day from week 10 to week 22 and delivered via face-to-face.

Assessments

Assessment elementComments% ILO*
one 3-hour final examinationHurdle requirement: Students must achieve at least 50% in the final examination as well as a minimum of 50% in the sum of the marks for all assessment tasks to pass the subject50 01, 02, 03, 04
one mid semester test20 01, 02, 03, 04
portfolio simulation project30 01, 02, 03, 04

Melbourne, 2015, Semester 2, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorJing Zhao

Class requirements

Lecture Week: 31 - 43
One 2.0 hours lecture other recurrence on weekdays during the day from week 31 to week 43 and delivered via face-to-face.

Tutorial Week: 31 - 43
One 1.0 hours tutorial other recurrence on weekdays during the day from week 31 to week 43 and delivered via face-to-face.

Assessments

Assessment elementComments% ILO*
one 3-hour final examinationHurdle requirement: Students must achieve at least 50% in the final examination as well as a minimum of 50% in the sum of the marks for all assessment tasks to pass the subject50 01, 02, 03, 04
one mid semester test20 01, 02, 03, 04
portfolio simulation project30 01, 02, 03, 04