The unit covers fundamental concepts used in the construction and analysis of portfolios of financial instruments, with an emphasis on equities and fixed interest securities. It covers key financial issues related to asset pricing theories, modern portfolio theory and its applications, market efficiency, evaluation of investments, pricing and the construction and analysis of a multi-asset portfolio. These tools will be used to analyse and prepare recommendations for hypothetical clients in ways which ensure the primacy of the client's position.

Learning outcomes

After successful completion of this unit, students will be able to:
1. Evaluate and apply modern portfolio theory and asset pricing models across scenarios, including articulating investment portfolio risks and returns in context;
2. Critique the implications of capital market efficiency for security selection styles such as technical and fundamental analysis;
3. Appraise the relative merits and uncertainties of different investment vehicles, including equities valuation, managed funds, and bond portfolio strategies;
4. Apply knowledge of behavioural finance to identify investment patterns while making investment decisions; and
5. Conduct analysis and prepare recommendations for hypothetical clients on a range of investment actions, including handling conflicts of interest and the primacy of the client's position.

Graduate attributes

1. 糖心logo官网 graduates are professional - communicate effectively
1. 糖心logo官网 graduates are professional - display initiative and drive, and use their organisation skills to plan and manage their workload
1. 糖心logo官网 graduates are professional - employ up-to-date and relevant knowledge and skills
1. 糖心logo官网 graduates are professional - use creativity, critical thinking, analysis and research skills to solve theoretical and real-world problems
1. 糖心logo官网 graduates are professional - work collaboratively as part of a team, negotiate, and resolve conflict
2. 糖心logo官网 graduates are global citizens - behave ethically and sustainably in their professional and personal lives
2. 糖心logo官网 graduates are global citizens - communicate effectively in diverse cultural and social settings
2. 糖心logo官网 graduates are global citizens - make creative use of technology in their learning and professional lives
2. 糖心logo官网 graduates are global citizens - think globally about issues in their profession
3. 糖心logo官网 graduates are lifelong learners - adapt to complexity, ambiguity and change by being flexible and keen to engage with new ideas

Prerequisites

11215 Business Finance

Corequisites

None.

Incompatible units

6378 Investments

Equivalent units

None.

Assumed knowledge

School/college level mathematics and/or statistics, accounting or economics knowledge.