Overview
This unit covers investment analysis of complex investment portfolios. You will be introduced to contemporary investment theories and construct a client focused portfolio. You will examine the risks associated with domestic and international investment products.
Details
Pre-requisites or Co-requisites
Prerequisite: FINC 19011
Important note: Students enrolled in a subsequent unit who failed their pre-requisite unit, should drop the subsequent unit before the census date or within 10 working days of Fail grade notification. Students who do not drop the unit in this timeframe cannot later drop the unit without academic and financial liability. See details in the Assessment Policy and Procedure (Higher Education Coursework).
Offerings For Term 1 - 2018
Attendance Requirements
All on-campus students are expected to attend scheduled classes – in some units, these classes are identified as a mandatory (pass/fail) component and attendance is compulsory. International students, on a student visa, must maintain a full time study load and meet both attendance and academic progress requirements in each study period (satisfactory attendance for International students is defined as maintaining at least an 80% attendance record).
Recommended Student Time Commitment
Each 6-credit Undergraduate unit at CQUniversity requires an overall time commitment of an average of 12.5 hours of study per week, making a total of 150 hours for the unit.
Class Timetable
Assessment Overview
Assessment Grading
This is a graded unit: your overall grade will be calculated from the marks or grades for each assessment task, based on the relative weightings shown in the table above. You must obtain an overall mark for the unit of at least 50%, or an overall grade of ‘pass’ in order to pass the unit. If any ‘pass/fail’ tasks are shown in the table above they must also be completed successfully (‘pass’ grade). You must also meet any minimum mark requirements specified for a particular assessment task, as detailed in the ‘assessment task’ section (note that in some instances, the minimum mark for a task may be greater than 50%). Consult the University’s Grades and Results Policy for more details of interim results and final grades.
All University policies are available on the CQUniversity Policy site.
You may wish to view these policies:
- Grades and Results Policy
- Assessment Policy and Procedure (Higher Education Coursework)
- Review of Grade Procedure
- Student Academic Integrity Policy and Procedure
- Monitoring Academic Progress (MAP) Policy and Procedure – Domestic Students
- Monitoring Academic Progress (MAP) Policy and Procedure – International Students
- Student Refund and Credit Balance Policy and Procedure
- Student Feedback – Compliments and Complaints Policy and Procedure
- Information and Communications Technology Acceptable Use Policy and Procedure
This list is not an exhaustive list of all University policies. The full list of University policies are available on the CQUniversity Policy site.
Feedback, Recommendations and Responses
Every unit is reviewed for enhancement each year. At the most recent review, the following staff and student feedback items were identified and recommendations were made.
Feedback from Student Feedback Survey
Student Feedback Survey: assessment feedback (score 2.7/5), learning resources (2.5/5)
Review and revise learning resources on Moodle. Ensure Course Profile is correct, including text book references. Ensure timely and relevant assessment feedback.
Feedback from FLEX students.
Video lectures requested.
Provide video lecture/tutorials.
- Explain the principles of advanced investment analysis and risk management
- Construct client focused portfolios using domestic and international financial products
- Solve real world complex investment problems.
Alignment of Assessment Tasks to Learning Outcomes
| Assessment Tasks | Learning Outcomes | ||
|---|---|---|---|
| 1 | 2 | 3 | |
| 1 - Written Assessment - 50% | |||
| 2 - Examination - 50% | |||
Alignment of Graduate Attributes to Learning Outcomes
| Graduate Attributes | Learning Outcomes | ||
|---|---|---|---|
| 1 | 2 | 3 | |
| 1 - Communication | |||
| 2 - Problem Solving | |||
| 3 - Critical Thinking | |||
| 4 - Information Literacy | |||
| 5 - Team Work | |||
| 6 - Information Technology Competence | |||
| 7 - Cross Cultural Competence | |||
| 8 - Ethical practice | |||
| 9 - Social Innovation | |||
| 10 - Aboriginal and Torres Strait Islander Cultures | |||
Alignment of Assessment Tasks to Graduate Attributes
| Assessment Tasks | Graduate Attributes | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | |
| 1 - Written Assessment - 50% | ||||||||||
| 2 - Examination - 50% | ||||||||||
Textbooks
Investments: Concepts and Applications
Edition: 5th edn (2015)
Authors: Bradford, T, Heaney, R & Bilson, C
Cengage Learning Australia
South Melbourne South Melbourne , Vic , Australia
ISBN: 9780170235532
Binding: Other
Financial Planning
Edition: Second Revised (2014)
Authors: McKeown, Warren, Kerry, Mike, Olynyk, Marc
John Wiley & Sons Inc
Chatswood Chatswood , NSW , Australia
ISBN: 9781118644836
Binding: Other
IT Resources
- CQUniversity Student Email
- Internet
- Unit Website (Moodle)
- XPlan software to complete Practical Assessment 1
All submissions for this unit must use the referencing style: American Psychological Association 6th Edition (APA 6th edition)
For further information, see the Assessment Tasks.
a.mcinnes@cqu.edu.au
Module/Topic
Overview of the investment framework, market efficiency and portfolio theory
Chapter
1 and 2
Events and Submissions/Topic
Module/Topic
Capital asset pricing models
Chapter
7 and 8
Events and Submissions/Topic
Module/Topic
Alternate risky asset pricing models
Chapter
9 and 10
Events and Submissions/Topic
Module/Topic
Fixed income securities
Chapter
5 and 6
Events and Submissions/Topic
Module/Topic
Security analysis
Chapter
11, 12 and 13
Events and Submissions/Topic
Module/Topic
Chapter
Events and Submissions/Topic
Module/Topic
Margin lending
Chapter
Stacey, S 2008, 'Lessons (to be) learnt from the Opes Prime insolvency', Melbourne University Law Review, vol. 32, pp. 1127-1182.
Events and Submissions/Topic
Module/Topic
Derivatives
Chapter
3 and 4
Events and Submissions/Topic
Module/Topic
Options, futures and forward contracts
Chapter
15 and 16
Events and Submissions/Topic
Module/Topic
Swaps
Chapter
4 and 15
Events and Submissions/Topic
PRACTICAL ASSESSMENT : Securities and Managed Investments Due: Week 9 Friday (11 May 2018) 11:45 pm AEST
Module/Topic
Management of multi-asset portfolios
Chapter
18 and 19
Events and Submissions/Topic
Module/Topic
Performance evaluation
Chapter
20
Events and Submissions/Topic
Module/Topic
Have Your Say survey, revision and exam preparation
Chapter
Events and Submissions/Topic
Module/Topic
Chapter
Events and Submissions/Topic
Module/Topic
Chapter
Events and Submissions/Topic
1 Written Assessment
This is an individual assessment.
Important detailed information for your assessment is on the Moodle site.
Before you begin, please read the:
- instructions for completing and submitting your assessment.
- case study background.
Task requirements:
- Identify the client's objectives, needs and financial situation by reviewing the case study background and fact find information provided. Input this information into XPlan software and download the created Fact Find document.
- Analyse and score the risk profile of the client within the context of the client's objectives, needs and financial situation.
- Using the reflective questions, develop and document appropriate investment and managed fund strategies and recommendations to achieve the client's goals.
- Prepare a written Statement of Advice using the template provided and financial planning software XPlan, Microsoft-Excel and related software [which we will make available to you via Moodle].
- Present the strategies and recommendations to the client in a one A4-page summary document.
- Assume you negotiated acceptance of the financial plan with the client by documenting the conversation in a file note in XPlan.
- Assume you offered to provide ongoing service to the client, and file note the outcome of this conversation in XPlan.
We provide:
- Fact find information assumedly obtained during a meeting with the client.
- Risk profile information of the client.
- Reflective questions to assist in the analysis phase of the financial planning process.
- Statement of Advice template, which you must use to present your recommendations to the client.
From the above task, it is clear this is a practical assessment dealing with a real world financial planning client investment need. Please start this assessment as soon as possible, because for some of you it will require learning numerous new skills. Learning how to use new software [for instance, XPlan] may need sometime and practice. Your lecturer is available via Facebook Closed Group, Moodle discussion forum and Q&A forum, and mobile phone messaging, as well as email to address any concerns or difficulties during the term as you work on your Assessment. Please refer to Moodle and download all three files relating to this Assessment’s requirements. Please read these long documents carefully.
Week 9 Friday (11 May 2018) 11:45 pm AEST
Submission via Moodle
Week 11 Friday (25 May 2018)
Feedback via Moodle
Find on Moodle a comprehensive marking criteria sheet. We award marks for:
- Completing and downloading in Microsoft-Word format the Fact Find within the context of the client's objectives, needs and financial situation in XPlan.
- Scoring the client’s risk profile within XPlan and incorporating this information in your financial plan.
- Documenting reflective answers in Microsoft-Word to demonstrate critical in-depth analysis, plus effective use of the calculation and software tools to underpin the investment and managed fund recommendations.
- Statement of Advice completion using the Microsoft-Word template provided.
- One-page client summary presentation document in a Microsoft-Word document.
- File note created in XPlan and downloaded into Microsoft-Word documenting the financial plan negotiations with the client and discussions around ongoing services.
- File note created in XPlan and downloaded into Microsoft-Word documenting discussions around ongoing services.
- Explain the principles of advanced investment analysis and risk management
- Construct client focused portfolios using domestic and international financial products
- Solve real world complex investment problems.
- Communication
- Problem Solving
- Critical Thinking
- Information Literacy
- Team Work
- Information Technology Competence
- Cross Cultural Competence
- Ethical practice
Examination
Calculator - all non-communicable calculators, including scientific, programmable and graphics calculators are authorised
As a CQUniversity student you are expected to act honestly in all aspects of your academic work.
Any assessable work undertaken or submitted for review or assessment must be your own work. Assessable work is any type of work you do to meet the assessment requirements in the unit, including draft work submitted for review and feedback and final work to be assessed.
When you use the ideas, words or data of others in your assessment, you must thoroughly and clearly acknowledge the source of this information by using the correct referencing style for your unit. Using others’ work without proper acknowledgement may be considered a form of intellectual dishonesty.
Participating honestly, respectfully, responsibly, and fairly in your university study ensures the CQUniversity qualification you earn will be valued as a true indication of your individual academic achievement and will continue to receive the respect and recognition it deserves.
As a student, you are responsible for reading and following CQUniversity’s policies, including the Student Academic Integrity Policy and Procedure. This policy sets out CQUniversity’s expectations of you to act with integrity, examples of academic integrity breaches to avoid, the processes used to address alleged breaches of academic integrity, and potential penalties.
What is a breach of academic integrity?
A breach of academic integrity includes but is not limited to plagiarism, self-plagiarism, collusion, cheating, contract cheating, and academic misconduct. The Student Academic Integrity Policy and Procedure defines what these terms mean and gives examples.
Why is academic integrity important?
A breach of academic integrity may result in one or more penalties, including suspension or even expulsion from the University. It can also have negative implications for student visas and future enrolment at CQUniversity or elsewhere. Students who engage in contract cheating also risk being blackmailed by contract cheating services.
Where can I get assistance?
For academic advice and guidance, the Academic Learning Centre (ALC) can support you in becoming confident in completing assessments with integrity and of high standard.
What can you do to act with integrity?
