PORTFOLIO MANAGEMENT

FIN5PMT

2020

Credit points: 15

Subject outline

ThisĀ 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, 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 StudentsYes

Subject year levelYear Level 5 - Masters

Exchange StudentsYes

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. Analyse the relative merits of passive versus active portfolio management

Activities:
Lectures, portfolio simulation project
Related graduate capabilities and elements:
Literacies and Communication Skills (Writing,Speaking,Quantitative Literacy)
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,Ethical behaviour)

02. 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, in class assessment
Related graduate capabilities and elements:
Literacies and Communication Skills (Writing,Speaking,Quantitative Literacy)

03. 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, in class assessment
Related graduate capabilities and elements:
Literacies and Communication Skills (Writing,Speaking,Quantitative Literacy)
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,Ethical behaviour)

04. 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, in class assessment
Related graduate capabilities and elements:
Literacies and Communication Skills (Writing,Speaking,Quantitative Literacy)
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,Ethical behaviour)

Subject options

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Start date between: and    Key dates

Melbourne, 2020, Semester 1, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorJing Zhao

Class requirements

Tutorial Week: 11 - 22
One 1.0 hours tutorial per week on weekdays during the day from week 11 to week 22 and delivered via face-to-face.

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.

Assessments

Assessment elementComments% ILO*
Two hour final examination equivalent to 2000 words Multiple choice and short answer questions. This assessment will report of the Graduate Capabilities of Writing and Discipline specific knowledge50 01, 02, 03, 04
One hour mid- semester examinationEquivalent to 1,000 words MCQ questions plus problem solving10 01, 02, 03, 04
Group assignment and presentationEquivalent to 2000 words Group written report graded for 20% and presentation and teamwork individually graded for 10%30 01, 02, 03, 04
Online and/or in-class formative assessment tasksequivalent to 500 words10 02, 03, 04

Melbourne, 2020, Semester 2, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorJing Zhao

Class requirements

Tutorial Week: 32 - 43
One 1.0 hours tutorial per week on weekdays during the day from week 32 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 elementComments% ILO*
Two hour final examination equivalent to 2000 words Multiple choice and short answer questions. This assessment will report of the Graduate Capabilities of Writing and Discipline specific knowledge50 01, 02, 03, 04
One hour mid- semester examinationEquivalent to 1,000 words MCQ questions plus problem solving10 01, 02, 03, 04
Group assignment and presentationEquivalent to 2000 words Group written report graded for 20% and presentation and teamwork individually graded for 10%30 01, 02, 03, 04
Online and/or in-class formative assessment tasksequivalent to 500 words10 02, 03, 04