EQUITY SECURITIES
FIN5EQS
2020
Credit points: 15
Subject outline
This subject provides you with the necessary skills required to undertake equity asset valuation tasks carried out in an investment management or brokerage environment. After completing this subject, you will be able to undertake equity research projects, conduct financial and industry analysis and provide valuation decisions and recommendations about listed equity securities. As such, you will have acquired the equity valuation knowledge and skills required of CFA Levels 1 and 2. Through lessons in our financial trading room, you will develop the skills necessary to work as an effective member of an investment research team, as well as to enhance your independent and collaborative learning skills. Finally, you will have the opportunity to consider ethical issues associated with undertaking investment research.
SchoolLa Trobe Business School
Credit points15
Subject Co-ordinatorMuhammad Al Mamun
Available to Study Abroad StudentsYes
Subject year levelYear Level 5 - Masters
Exchange StudentsYes
Subject particulars
Subject rules
Prerequisites BUS5IAF or equivalent
Co-requisitesN/A
Incompatible subjectsN/A
Equivalent subjectsN/A
Special conditionsN/A
Readings
| Resource Type | Title | Resource Requirement | Author and Year | Publisher |
|---|---|---|---|---|
| Readings | Equity Asset: Valuation (3 rd edition) | Prescribed | Pinto, J. W., E. Henry, T.R. Robinson, and Stowe, J.D. | JOHN WILEY & SONS: NEW JERSEY, 2015 |
Graduate capabilities & intended learning outcomes
01. Explain the conceptual basis of methodologies used to value a listed company shares
- Activities:
- Lectures, tutorials
- Related graduate capabilities and elements:
- Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Discipline -Specific Knowledge and Skills (Discipline-Specific Knowledge and Skills)
02. Analyse the financial statements of a company for the purpose of valuation
- Activities:
- Lectures, tutorials
- Related graduate capabilities and elements:
- Literacies and Communication Skills (Quantitative Literacy,Cultural Literacy)
- Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Discipline -Specific Knowledge and Skills (Discipline-Specific Knowledge and Skills)
03. Analyse the competitive nature of an industry
- Activities:
- Lectures, tutorials
- Related graduate capabilities and elements:
- Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Discipline -Specific Knowledge and Skills (Discipline-Specific Knowledge and Skills)
04. Estimate inputs required to apply the appropriate valuation methods
- Activities:
- Lectures, tutorials, project
- Related graduate capabilities and elements:
- Literacies and Communication Skills (Quantitative Literacy,Cultural Literacy)
- Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Personal and Professional Skills (Teamwork including leadership and working in groups,Autonomy and independence,Ethical behaviour,Study and Learning Skills)
- Discipline -Specific Knowledge and Skills (Discipline-Specific Knowledge and Skills)
05. Demonstrate the skills of a financial analyst, to research, analyse and evaluate the intrinsic value of a public and private company, using appropriate digital tools and information services
- Activities:
- Lectures, tutorials, project
- Related graduate capabilities and elements:
- Literacies and Communication Skills (Quantitative Literacy,Cultural Literacy)
- Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Personal and Professional Skills (Teamwork including leadership and working in groups,Autonomy and independence,Ethical behaviour,Study and Learning Skills)
- Discipline -Specific Knowledge and Skills (Discipline-Specific Knowledge and Skills)
06. Present, in written and oral form, the intrinsic valuation of a company, and your investment advice in respect of the company's financial securities.
- Activities:
- Project
- Related graduate capabilities and elements:
- Literacies and Communication Skills (Quantitative Literacy,Cultural Literacy)
- Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Discipline -Specific Knowledge and Skills (Discipline-Specific Knowledge and Skills)
07. Develop the skills required to work effectively as a member of a team
- Activities:
- Tutorials, Project
- Related graduate capabilities and elements:
- Literacies and Communication Skills (Quantitative Literacy,Cultural Literacy)
- Personal and Professional Skills (Teamwork including leadership and working in groups,Autonomy and independence,Ethical behaviour,Study and Learning Skills)
- Personal and Professional Skills (Teamwork including leadership and working in groups,Autonomy and independence,Ethical behaviour,Study and Learning Skills)
08. Analyse and resolve ethical issues raised by the investment research process.
- Activities:
- Tutorials, project
- Related graduate capabilities and elements:
- Literacies and Communication Skills (Quantitative Literacy,Cultural Literacy)
- Personal and Professional Skills (Teamwork including leadership and working in groups,Autonomy and independence,Ethical behaviour,Study and Learning Skills)
- Personal and Professional Skills (Teamwork including leadership and working in groups,Autonomy and independence,Ethical behaviour,Study and Learning Skills)
Subject options
Select to view your study options…
Melbourne, 2020, Semester 1, Day
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorMuhammad Al Mamun
Class requirements
Lecture
Week:
10
-
22
One 2.0 hours lecture per week
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 per week
on weekdays
during the day
from week 10 to week 22
and delivered via face-to-face.
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| One hour formative examination | Broadly equivalent to 500 words. | 10 | 01, 02, 03, 04, 05 |
| Group Assignment and Presentation | Equivalent to 2000 words per student. (Note: Group written report graded for 20% and presentation and teamwork individually graded for 10%) | 30 | 01, 02, 03, 04, 05, 06, 07, 08 |
| Two hour final examination | Equivalent to 2000 words Hurdle requirement:Students must achieve at least 50% in the final examination. | 50 | 01, 02, 03, 04, 05, 06 |
| Online and/or in-class formative assessment tasks | 500-words equivalent | 10 | 01, 02, 03, 07, 08 |