EQUITY SECURITIES
FIN5EQS
2018
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 should be able to undertake equity research projects, conduct financial and industry analysis and provide valuation decisions and recommendations about listed stocks. As such, you should have acquired the equity valuation knowledge and skills required of CFA Levels 1 and 2. You will have the opportunity to develop the skills necessary to work as an effective member of a team as well as to enhance their independent and collaborative learning skills. Finally, you will consider the ethical issues associated with undertaking investment research.
SchoolLa Trobe Business School
Credit points15
Subject Co-ordinatorDoureige Jurdi
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. Identify and apply the appropriate methods to value listed company stocks and private companies
- Activities:
- Lectures, tutorials
- Related graduate capabilities and elements:
- Literacies and Communication Skills (Writing,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)
03. Analyse the financial statements of a company for the purpose of valuation
- Activities:
- Lectures, tutorials
- Related graduate capabilities and elements:
- Literacies and Communication Skills (Writing,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)
04. 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)
05. Estimate inputs required to apply the appropriate valuation methods
- Activities:
- Lectures, tutorials, project
- Related graduate capabilities and elements:
- Discipline -Specific Knowledge and Skills (Discipline-Specific Knowledge and Skills)
- Personal and Professional Skills (Teamwork including leadership and working in groups,Autonomy and independence,Ethical behaviour,Study and Learning Skills)
- 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)
- Literacies and Communication Skills (Writing,Quantitative Literacy,Cultural Literacy)
06. Plan and execute equity valuation research projects
- Activities:
- Project
- Related graduate capabilities and elements:
- Literacies and Communication Skills (Writing,Quantitative Literacy,Cultural Literacy)
- Literacies and Communication Skills (Writing,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. Communicate company valuation results and make appropriate recommendations
- Activities:
- Project
- Related graduate capabilities and elements:
- Literacies and Communication Skills (Writing,Quantitative Literacy,Cultural Literacy)
08. 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 (Writing,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, 2018, Semester 1, Day
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorDoureige Jurdi
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* |
|---|---|---|---|
| Mid-Semester Exam (90 min) | 20 | 01, 02, 03, 04, 05 | |
| Group Project (Total 2000 words) (500-1000 words per student) | 20 | 01, 02, 03, 04, 05, 06, 07, 08 | |
| Final Exam (3 h) | Hurdle requirement:Students must achieve at least 50% in the final examination. | 60 | 01, 02, 03, 04, 05, 06 |
Melbourne, 2018, Semester 2, Day
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorDoureige Jurdi
Class requirements
Tutorial
Week:
31
-
43
One 1.0 hours tutorial per week
on weekdays
during the day
from week 31 to week 43
and delivered via face-to-face.
Lecture
Week:
31
-
43
One 2.0 hours lecture per week
on weekdays
during the day
from week 31 to week 43
and delivered via face-to-face.
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| Mid-Semester Exam (90 min) | 20 | 01, 02, 03, 04, 05 | |
| Group Project (Total 2000 words) (500-1000 words per student) | 20 | 01, 02, 03, 04, 05, 06, 07, 08 | |
| Final Exam (3 h) | Hurdle requirement:Students must achieve at least 50% in the final examination. | 60 | 01, 02, 03, 04, 05, 06 |