INVESTMENTS (AFIN8018)
INTRODUCTION
Unit convenor and teaching staff
• Convenor and lecturer
― Dr. Jiayi Zheng
― Consultation: 2pm-3pm Tuesday
― Jiayi.zheng@mq.edu.au
- Email format:
2
Learning Outcomes
Explore common investment vehicles.
Illustrate the theory and empirical applications of modern
portfolio theory and asset pricing models.
Construct optimal portfolios applying the principles of modern
portfolio theory.
Analyze macroeconomic and industry situations as well as
behavioural biases that impact on investment decisions.
Explore, develop, and conduct analysis for research questions
in Investment.
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Assessment Tasks
Name
Weighting
Hurdle
Due
20%
No
R
L
~Week 8
Individual Research Report 30%
No
Final Examination
No
50%
Refer to iLearn
(~Week 10)
University
Examination Period
4
Assignment
REFER TO UNIT GUIDE FOR FURTHER DETAILS.
•
•
•
Due: ~Week 8
Weighting: 20%
AmplifyMe
•
Students are required to participate in one of the following simulation
sessions. (10/20)
- Students will be awarded 10 marks for participating AND submitting a
report.
•
Students are required to submit an individual report. (10/20) Similarity
will be checked via Turnitin. Plagiarism can result in your failing this
Unit – be warned.
A welcome session on the AmplyMe platform will be held on
Thursday
•
5
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Research Report
REFER TO UNIT GUIDE FOR FURTHER DETAILS.
•
•
•
•
•
•
Due: Refer iLearn (~Week 10)
Weighting: 30%
A case problem will be presented that requires analysis of a given data set.
Submission for the case study is via the unit iLearn website using Turnitin.
This is an individual assignment and similarity will be checked via
Turnitin. Plagiarism can result in your failing this Unit – be warned.
Please refer to iLearn for submission details.
Submission must be made by the Due date.
6
Final Exam
REFER TO UNIT GUIDE FOR FURTHER DETAILS.
•
•
•
•
•
•
Due: University Examination Period
Weighting: 50%
The final exam covers all the materials and topics studied throughout the
semester.
Two-hour exam
We will not specify the questions in advance. You must observe the exam
rules and regulations set by the university. Further details on the format of
the final exam will be provided on iLearn.
A practise exam paper with answers will be provided.
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SCHEDULE
NOTE: ALWAYS REFER TO ILEARN FOR LATEST INFORMATION
• You are required to attend your
registered class only.
Attendance and assessments
can only be considered in your
registered class.
• Your Lecturer for your class is
your first point of contact for all
matters.
• Your Lecturer may direct you
to file a request on Ask MQ.
Week
1
2
3
4
5
6
7
8
9
10
11
12
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Topic
Introduction
Investment vehicles I
Investment vehicles II & Risk and
Return
Risk Preferences & Efficient
Diversification
Index Models & CAPM
APT & Market efficiency
Research Report (No Class)
Behavioral Finance &
Empirical evidence on security
returns
Fixed income securities
Interest rate risk management
Industry analysis
Equity securities
Review
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Learning activities
•
•
REQUIRED TEXT (BKM) ENSURE YOU HAVE A E-BOOK COPY!
Bodie, Z., Kane, A. and Marcus, A.J. (2024), Investments 13th edition, McGrawHill
•
•
OPTIONAL TEXT
Elton, J. Edwin, Gruber,M.J., Brown, S.J. and Goetzman, W.N (2014), Modern
Portfolio Theory and Investment Analysis
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•
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PREPARATION FOR LECTURE SESSION & TUTORIAL
Readings (additional readings posted on iLearn for the week)
Homework problems – you will be expected to come with your written solutions
•
•
ONLINE SUPPORT
iLearn (https://ilearn.mq.edu.au)
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iLearn
USE THE RESOURCES
•
Make sure you
check iLearn
regularly and use
the resources.
•
There are a couple
of forums where you
can ask questions.
Do not post answers
to queries if the
query relates to an
assessed task.
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