CORPFIN 7019 - Advanced Funds Management (M)
North Terrace Campus - Semester 1 - 2017
-
General Course Information
Course Details
Course Code CORPFIN 7019 Course Advanced Funds Management (M) Coordinating Unit Adelaide Business School Term Semester 1 Level Postgraduate Coursework Location/s North Terrace Campus Units 3 Contact Up to 4 hours per week Available for Study Abroad and Exchange Y Corequisites CORPFIN 7039 & CORPFIN 7040 Assumed Knowledge CORPFIN 7039 & CORPFIN 7040 Assessment Exam/assignments/test/tutorial work as prescribed at first lecture Course Staff
Course Coordinator: Dr Syed Zamin Ali
Course Timetable
The full timetable of all activities for this course can be accessed from .
-
Learning Outcomes
Course Learning Outcomes
On successful completion of this course, students will be able to:
1. Explain Modern Portfolio Theory and the Mean-Variance Framework.
2. Analyse core asset classes based on their characteristics and performance in different economic and business cycles.
3. Identify the characteristics of alternative Investments, and their relationship with core asset classes, in a portfolio context.
4. Compare active and passive investment strategies, and their associate benefits and costs.
5. Create investment vehicles for specific client needs that are consistent with ethical and regulatory framework of the Investment Industry.
University Graduate Attributes
This course will provide students with an opportunity to develop the Graduate Attribute(s) specified below:
University Graduate Attribute Course Learning Outcome(s) Deep discipline knowledge
- informed and infused by cutting edge research, scaffolded throughout their program of studies
- acquired from personal interaction with research active educators, from year 1
- accredited or validated against national or international standards (for relevant programs)
All Critical thinking and problem solving
- steeped in research methods and rigor
- based on empirical evidence and the scientific approach to knowledge development
- demonstrated through appropriate and relevant assessment
All Teamwork and communication skills
- developed from, with, and via the SGDE
- honed through assessment and practice throughout the program of studies
- encouraged and valued in all aspects of learning
All Career and leadership readiness
- technology savvy
- professional and, where relevant, fully accredited
- forward thinking and well informed
- tested and validated by work based experiences
All Intercultural and ethical competency
- adept at operating in other cultures
- comfortable with different nationalities and social contexts
- able to determine and contribute to desirable social outcomes
- demonstrated by study abroad or with an understanding of indigenous knowledges
All Self-awareness and emotional intelligence
- a capacity for self-reflection and a willingness to engage in self-appraisal
- open to objective and constructive feedback from supervisors and peers
- able to negotiate difficult social situations, defuse conflict and engage positively in purposeful debate
All -
Learning Resources
Required Resources
Running Money: Professional Portfolio Management
by Stewart, S. D., Prios, C. D., and J. C. Heisler, 1st Edition, published by McGraw-Hill
Other readings from academic, semi-professional and professional sources.Recommended Resources
“Investments”, 10th ed. (other editions, incl. international ones, are fine), by Zvi Bodie and Alex Kane and Alan Marcus.
Students are encouraged to stay abreast of global financial issues. The Australian Financial Review and finance commentary on the ABC network are excellent sources of current financial news and analysis. The internet is also abundantly populated with all aspects of this course, and should be used as well.Online Learning
Discussion board will be the primary source of interface between students and the academic staff.
Lecture material such as presentation, articles, tutorial questions and lecture recording will be available on MyUni. -
Learning & Teaching Activities
Learning & Teaching Modes
The approach in this course is to first establish the theoretical foundations and then to build upon these to understand real-world issues. This will be done through lectures, tutorials, assignment, test, and examination.Workload
The information below is provided as a guide to assist students in engaging appropriately with the course requirements.
The University expects full-time students (i.e. those taking 12 units per semester) to devote a total of 48 hours per week to their studies. This means that you are expected to commit approximately 9 hours for a three-unit course or 13 hours for a four-unit course, of private study outside of your regular classes.
Students in this course are expected to attend all lectures throughout the semester plus one tutorial class each week.Learning Activities Summary
Week 1: Introduction
Week 2: Client Objectives for a Fund
Week 3: Asset Allocation - Mean Variance Framework
Week 4: Practical Asset Allocation and Stress Testing of Portfolio
Week 5: Equity Investing
Week 6: Fixed Income Investing
Week 7: Global Investing
Week 8: Alternative Investment Classes
Week 9: The Investment Management process
Week 10: Performance Measurement
Week 11: Portfolio Management through Time
Week 12: ReviewSpecific Course Requirements
This course has two specific components: Embedded Research component and The CFA Ethical Standards and Practice
Embedded Research (25%)
The postgraduate Finance coursework program requires theinclusion of an Embedded Research component, a piece of research that the student works on over 4 courses. Equity Valuation (M) and Fixed Income Securities (M) research will lead to a research project for this course. More details will be provided at a later stage.
CFA Ethical Standards and Practice (5%)
This course will have three (3) workshops that will discuss case studies each week (from week 4-6). Students will prepare one case each
week and will gain participation marks. More details will be provided at a later stage.
-
Assessment
The University's policy on Assessment for Coursework Programs is based on the following four principles:
- Assessment must encourage and reinforce learning.
- Assessment must enable robust and fair judgements about student performance.
- Assessment practices must be fair and equitable to students and give them the opportunity to demonstrate what they have learned.
- Assessment must maintain academic standards.
Assessment Summary
Assessment Task Weighting Learning Outcome Test 20% 1,2 Ethics Workshop Participation 5% 6 1 x Group Assignment and 2 x Individual Reports 25% 1,2,3,4,5,6 Final Examination 50% 1,2,3,4,5,6 Total 100% Assessment Related Requirements
The approach in this course is to first establish the theoretical foundations and then to build upon these to understand portfolio construction, implementation and management for an investor. This will be done through lectures, tutorials, a test, individual and group assignment, workshops and a final examination.
This course will also feature an individual report and a group assignment based on the Embedded Research as well as workshops on the CFA Ethical and Professional Standards.
Assessment Detail
The assessment components are as follows:
• (20%) Test: 50 minute test. Multiple Choice Format. This is a closed book test
• (25%) Assignment: This is a gorup assignment to asset allocation and fund creation for a client
• (5%) Workshop on CFA Ethical Standards and Practice Case Studies
• (50%) Final/Replacement Exam: 3 hours exam as per examination schedule. These are closed book examinationSubmission
Further details will be provided on MyUni.Course Grading
Grades for your performance in this course will be awarded in accordance with the following scheme:
M10 (Coursework Mark Scheme) Grade Mark Description FNS Fail No Submission F 1-49 Fail P 50-64 Pass C 65-74 Credit D 75-84 Distinction HD 85-100 High Distinction CN Continuing NFE No Formal Examination RP Result Pending Further details of the grades/results can be obtained from Examinations.
Grade Descriptors are available which provide a general guide to the standard of work that is expected at each grade level. More information at Assessment for Coursework Programs.
Final results for this course will be made available through .
-
Student Feedback
The University places a high priority on approaches to learning and teaching that enhance the student experience. Feedback is sought from students in a variety of ways including on-going engagement with staff, the use of online discussion boards and the use of Student Experience of Learning and Teaching (SELT) surveys as well as GOS surveys and Program reviews.
SELTs are an important source of information to inform individual teaching practice, decisions about teaching duties, and course and program curriculum design. They enable the University to assess how effectively its learning environments and teaching practices facilitate student engagement and learning outcomes. Under the current SELT Policy (http://www.adelaide.edu.au/policies/101/) course SELTs are mandated and must be conducted at the conclusion of each term/semester/trimester for every course offering. Feedback on issues raised through course SELT surveys is made available to enrolled students through various resources (e.g. MyUni). In addition aggregated course SELT data is available.
-
Student Support
- Academic Integrity for Students
- Academic Support with Maths
- Academic Support with writing and study skills
- Careers Services
- Library Services for Students
- LinkedIn Learning
- Student Life Counselling Support - Personal counselling for issues affecting study
- Students with a Disability - Alternative academic arrangements
-
Policies & Guidelines
This section contains links to relevant assessment-related policies and guidelines - all university policies.
- Academic Credit Arrangements Policy
- Academic Integrity Policy
- Academic Progress by Coursework Students Policy
- Assessment for Coursework Programs Policy
- Copyright Compliance Policy
- Coursework Academic Programs Policy
- Intellectual Property Policy
- IT Acceptable Use and Security Policy
- Modified Arrangements for Coursework Assessment Policy
- Reasonable Adjustments to Learning, Teaching & Assessment for Students with a Disability Policy
- Student Experience of Learning and Teaching Policy
- Student Grievance Resolution Process
-
Fraud Awareness
Students are reminded that in order to maintain the academic integrity of all programs and courses, the university has a zero-tolerance approach to students offering money or significant value goods or services to any staff member who is involved in their teaching or assessment. Students offering lecturers or tutors or professional staff anything more than a small token of appreciation is totally unacceptable, in any circumstances. Staff members are obliged to report all such incidents to their supervisor/manager, who will refer them for action under the university's student鈥檚 disciplinary procedures.
The 成人大片 is committed to regular reviews of the courses and programs it offers to students. The 成人大片 therefore reserves the right to discontinue or vary programs and courses without notice. Please read the important information contained in the disclaimer.
