KING’S OWN INSTITUTE* Success in Higher Education FIN201 INVESTMENT MANAGEMENT T121 24/02/2021 16:10 PAGE 1 OF 17 *AUSTRALIAN INSTITUTE OF BUSINESS AND MANAGEMENT PTY LTD © ABN: XXXXXXXXXXCRICOS...

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KING’S OWN INSTITUTE* Success in Higher Education FIN201 INVESTMENT MANAGEMENT T121 24/02/2021 16:10 PAGE 1 OF 17 *AUSTRALIAN INSTITUTE OF BUSINESS AND MANAGEMENT PTY LTD © ABN: 72 132 629 979 CRICOS 03171A FIN201 INVESTMENT MANAGEMENT T121 All information in the Subject Outline is correct at the time of approval. KOI reserves the right to make changes to the Subject Outline if they become necessary. Any changes require the approval of the KOI Academic Board and will be formally advised to those students who may be affected by email and via Moodle. Information contained within this Subject Outline applies to students enrolled in the trimester as indicated 1. General Information 1.1 Administrative Details Associated HE Award(s) Duration Level Subject Coordinator B Bus (Accg); B Bus (Mgt & Finance) 1 trimester Level 2 Dr Mervyn Fiedler [email protected] P: +61 (2) 9283 3583 L: Level 1, 545 Kent St. Consultation: via Moodle or by appointment 1.2 Core / Elective This is a core subject for B Bus (Mgt & Finance) and an elective for B Bus (Accg) 1.3 Subject Weighting Indicated below is the weighting of this subject and the total course points. Subject Credit Points Total Course Credit Points 4 BBus (Accg) 96; BBus (Mgt & Finance) 96 1.4 Student Workload Indicated below is the expected student workload per week for this subject No. timetabled hours/week* No. personal study hours/week** Total workload hours/week*** 4 hours/week (2 hour Lecture + 2 hour Tutorial) 6 hours/week 10 hours/week * Total time spent per week at lectures and tutorials ** Total time students are expected to spend per week in studying, completing assignments, etc. *** Combination of timetable hours and personal study. 1.5 Mode of Delivery Online (face-to-face teaching temporarily suspended due to COVID-19) 1.6 Pre-requisites ACC100 Intro to Accounting and FIN200 Corporate Financial Management 1.7 General Study and Resource Requirements o Students are expected to attend classes with the weekly worksheets and subject support material provided in Moodle. Students should read this material before coming to class to improve their ability to participate in the weekly activities. o Students will require access to the internet and their KOI email and should have basic skills in word processing software such as MS Word, spreadsheet software such as MS Excel and visual presentation software such as MS PowerPoint. o Computers and WIFI facilities are extensively available for student use throughout KOI. Students are encouraged to make use of the campus Library for reference materials. Resource requirements specific to this subject: Students should have a non-programmable calculator. Applications in smart phones will not be sufficient to perform the required calculations. Approved by KOI Academic Board for T1 2021 mailto:[email protected] FIN201 FIN201 INVESTMENT MANAGEMENT T121 24/02/2021 16:10 PAGE 2 OF 17 *AUSTRALIAN INSTITUTE OF BUSINESS AND MANAGEMENT PTY LTD © ABN: 72 132 629 979 CRICOS 03171A 2 Academic Details 2.1 Overview of the Subject The subject provides an overview of the theory of investing and capital markets, covering domestic and global markets, investor preferences, asset allocation, security selection, risk versus return, characteristics of debt and equity markets, financial instruments, valuation models, futures and forward contracts, portfolio management and performance evaluation, in the setting of current financial events. 2.2 Graduate Attributes for Undergraduate Courses Graduates of the Bachelor of Business (Accounting), and the Bachelor of Business (Management and Finance) courses from King’s Own Institute will achieve the graduate attributes expected from successful completion of a Bachelor’s degree under the Australian Qualifications Framework (2nd edition, January 2013). Graduates at this level will be able to apply an advanced body of knowledge from their major area of study in a range of contexts for professional practice or scholarship and as a pathway for further learning. King’s Own Institute’s generic graduate attributes for a bachelor’s level degree are summarised below: below: Across the course, these skills are developed progressively at three levels: o Level 1 Foundation – Students learn the basic skills, theories and techniques of the subject and apply them in basic, stand-alone contexts. o Level 2 Intermediate – Students further develop skills, theories and techniques of the subject and apply them in more complex contexts, beginning to integrate the application with other subjects. o Level 3 Advanced – Students have a demonstrated ability to plan, research and apply the skills, theories and techniques of the subject in complex situations, integrating the subject content with a range of other subject disciplines within the context of the course. KOI Bachelor Degree Graduate Attributes Detailed Description Knowledge Current, comprehensive and coherent knowledge Critical Thinking Critical thinking and creative skills to analyse and synthesise information and evaluate new problems Communication Communication skills for effective reading, writing, listening and presenting in varied modes and contexts and for transferring knowledge and skills to a variety of audiences Information Literacy Information and technological skills for accessing, evaluating, managing and using information professionally Problem Solving Skills Skills to apply logical and creative thinking to solve problems and evaluate solutions Ethical and Cultural Sensitivity Appreciation of ethical principles, cultural sensitivity and social responsibility, both personally and professionally Teamwork Leadership and teamwork skills to collaborate, inspire colleagues and manage responsibly with positive results Professional Skills Professional skills to exercise judgement in planning, problem solving and decision making Approved by KOI Academic Board for T1 2021 FIN201 FIN201 INVESTMENT MANAGEMENT T121 24/02/2021 16:10 PAGE 3 OF 17 *AUSTRALIAN INSTITUTE OF BUSINESS AND MANAGEMENT PTY LTD © ABN: 72 132 629 979 CRICOS 03171A 2.3 Subject Learning Outcomes This is a Level 2 subject. Listed below, are key knowledge and skills students are expected to attain by successfully completing this subject: Subject Learning Outcomes Contribution to Graduate Attributes a) Explain the investment framework and describe the Australian and major global debt and equity markets b) Evaluate investor preferences, and the relationship between risk and return c) Explain and analyse investments using the capital asset pricing model and other valuation models d) Apply portfolio analysis tools to select profitable securities, manage a portfolio and evaluate portfolio performance. 2.4 Subject Content and Structure Below are details of the subject content and how it is structured, including specific topics covered in lectures and tutorials. Reading refers to the text unless otherwise indicated. Weekly Planner: Week (beginning) Topic Covered in Each Week’s Lecture Reading(s) Expected work as listed in Moodle 1 08 Mar Investments - What Are They?: Background; Introduction to the Investment Process; Asset Classes; Markets and Managed Funds Ch. 2 Tutorial exercises 2 15 Mar Risk and Returns: Risk Premiums: Nominal and Real Returns; The Historical Record; Asset Allocation and Passive Strategies Ch. 5 Tutorial exercises 3 22 Mar Capital Asset Pricing Model: CAPM and Index Models; Multi-factor models; and Arbitrage Pricing Theory Ch. 7 Tutorial exercises 4 29 Mar Bond Characteristics: Bond Prices and Yields over Time; Default Risk and the Yield Curve Ch. 10 Tutorial exercises 5 05 Apr Managing Bond Portfolios: Interest Rate Risk; Duration; Convexity; Active and Passive Bond Management Ch. 11 Tutorial exercises 6 12 Apr Revision Based on Topics 1 to 4 Mid trimester exams – see Section 2.6 below for further information 7 19 Apr Macroeconomic and Industry Analysis; The Global and the Domestic Economy; Interest Rates; Government Policy and Business Cycles Ch 12 Preview of Assessment 2 (Individual Assignment) Tutorial exercises 8 26 Apr Equity Valuation: Book Values v. Market Values; Dividend Discount Models; Price- Earnings Ratios; Free Cash Flow Models and the Aggregate Stock Market Ch 13 Tutorial exercises Approved by KOI Academic Board for T1 2021 FIN201 FIN201 INVESTMENT MANAGEMENT T121 24/02/2021 16:10 PAGE 4 OF 17 *AUSTRALIAN INSTITUTE OF BUSINESS AND MANAGEMENT PTY LTD © ABN: 72 132 629 979 CRICOS 03171A 2.5 Public Holiday Amendments Please note: KOI is closed on all scheduled NSW Public Holidays. T121 has 3 days of public holidays (Easter Holidays) that occurs during this trimester. Classes scheduled for these public holidays (Calendar Class Dates) will be rescheduled as per the table below. This applies to ALL subjects taught in T121. Please see the table below and adjust your class timing as required. Please make sure you have arrangements in place to attend the rescheduled classes if applicable to your T121 enrolment. Classes will be conducted at the same time and in the same location as your normally scheduled class except these classes will be held on the date shown below. Calendar Class Date Rescheduled Class Date Friday 2 April 2021 (Week 5) Saturday 3 April 2021 (Week 5) Monday 5 April 2021 (Week 6) Friday 04 June 2021 (Week 13) (Study Review Week) Saturday 05 June 2021 (Week 13) (Study Review Week) Monday 31 May 2021 (Week 13) (Study Review Week) 2.6 Review of Grade, Deferred Exams & Supplementary Exams/Assessments Review of Grade: There may be instances when you believe that your final grade in a subject does not accurately reflect your performance against the marking criteria. Section 8 of the Assessment and Assessment Appeals Policy (www.koi.edu.au) describes the grounds on which you may apply for a Review of Grade. If you have a concern about your marks and you are unable to resolve it with the Academic staff concerned, then you can apply for