PORTFOLIO MANAGEMENT
FIN5PMT
2020
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, 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 Type | Title | Resource Requirement | Author and Year | Publisher |
|---|---|---|---|---|
| Readings | Managing investment portfolios: a dynamic process (3rd ed.) | Prescribed | Maginn, J., Tuttle, D., McLeavey, D., and J. Pinto | JOHN 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
Select to view your study options…
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 element | Comments | % | 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 knowledge | 50 | 01, 02, 03, 04 |
| One hour mid- semester examination | Equivalent to 1,000 words MCQ questions plus problem solving | 10 | 01, 02, 03, 04 |
| Group assignment and presentation | Equivalent 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 tasks | equivalent to 500 words | 10 | 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 element | Comments | % | 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 knowledge | 50 | 01, 02, 03, 04 |
| One hour mid- semester examination | Equivalent to 1,000 words MCQ questions plus problem solving | 10 | 01, 02, 03, 04 |
| Group assignment and presentation | Equivalent 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 tasks | equivalent to 500 words | 10 | 02, 03, 04 |