CQUniversity Unit Profile
FINC19012 Investment Analysis and Risk Management
Investment Analysis and Risk Management
All details in this unit profile for FINC19012 have been officially approved by CQUniversity and represent a learning partnership between the University and you (our student).
The information will not be changed unless absolutely necessary and any change will be clearly indicated by an approved correction included in the profile.
Corrections

Unit Profile Correction added on 25-02-21

To CORRECT Prescribed Textbook replace with:

Fundamentals of Investing, GLOBAL EDITION, 14th edition,

Authors: Scott B. Smart and Chad J. Zutter
Pearson
Sydney, NSW, Australia
ISBN: Textbook: 9781292316970
Binding: Paperback

General Information

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

Career Level: Undergraduate
Unit Level: Level 2
Credit Points: 6
Student Contribution Band: 10
Fraction of Full-Time Student Load: 0.125

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 - 2021

Online

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).

Class and Assessment Overview

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

Bundaberg, Cairns, Emerald, Gladstone, Mackay, Rockhampton, Townsville
Adelaide, Brisbane, Melbourne, Perth, Sydney

Assessment Overview

1. Written Assessment
Weighting: 50%
2. Examination
Weighting: 50%

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.

Previous Student Feedback

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 evaluation

Feedback

Students responses to the student evaluations indicate the refinement of requirements and expectations of the assessment task was effective.

Recommendation

Continue to improve on this newly designed assessment tasks, requirements, feedback and rubrics to further fine tune.

Feedback from Informal Student feedback

Feedback

By making the use of the financial planning software, XPlan, optional for the assessment task given it is not a requirement by the Financial Advisers Standards and Ethics Authority to assess XPlan for accreditation, was a positive step for the unit.

Recommendation

Making XPlan financial planning software an optional tool to use did not deter all students from using XPlan for their assessments. Therefore, the choice of whether to utilise the XPlan financial planning software will remain with the students to decide.

Feedback from Student evaluation

Feedback

Using a detailed rubric to remove any opportunity for subjective grading, while also using the rubrics to provide meaningful feedback met with student approval.

Recommendation

With further refinements, continue utilising detailed grading rubrics for assessment feedback.

Feedback from Student feedback via Moodle Q&A Forum

Feedback

A common cause of student frustrations were that the URL links between Moodle and Echo360 seems to get broken every time there was a change or upgrade to Moodle or for no apparent reason.

Recommendation

Work with TaSAC to find a solution to avoid broken links once the links have been activated between Moodle and Echo360.

Unit Learning Outcomes
On successful completion of this unit, you will be able to:
  1. Explain the principles of advanced investment analysis and risk management
  2. Construct client focused portfolios using domestic and international financial products
  3. Solve real world complex investment problems.
Alignment of Learning Outcomes, Assessment and Graduate Attributes
N/A Level
Introductory Level
Intermediate Level
Graduate Level
Professional Level
Advanced Level

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

Alignment of Assessment Tasks to Graduate Attributes

Assessment Tasks Graduate Attributes
1 2 3 4 5 6 7 8 9
1 - Written Assessment - 50%
2 - Examination - 50%
Textbooks and Resources

Textbooks

Prescribed

Fundamentals of Investing, Global Edition 14th (2020)

Authors: Smart, Scott & Zutter, Chad
Pearson Australia
Sydney Sydney , NSW , Australia
ISBN: 9781292316970
Binding: Paperback
Supplementary

Investments: Analysis and Management, 14th Australia and New Zealand Edition 14th ()

Authors: Charles P. Jones, Gerald R. Jensen
John Wiley & Sons Australia
Milton Milton , Queensland , Australia
ISBN: E-Text: 9781119673439 Textbook: 9781119667575
Binding: Paperback

Additional Textbook Information

For more information and availability students can go to https://www.wileydirect.com.au/buy/investments-analysis-and-management-14th-australia-and-new-zealand-edition/

IT Resources

You will need access to the following IT resources:
  • CQUniversity Student Email
  • Internet
  • Unit Website (Moodle)
  • XPlan Software
Referencing Style

All submissions for this unit must use the referencing style: American Psychological Association 7th Edition (APA 7th edition)

For further information, see the Assessment Tasks.

Teaching Contacts
Angelique Mcinnes Unit Coordinator
a.mcinnes@cqu.edu.au
Schedule
Week 1 Begin Date: 08 Mar 2021

Module/Topic

The Investment Environment

Chapter

1

Events and Submissions/Topic

  1. Refer to the weekly study guide.
  2. Complete self-study questions.
  3. For the practical assessment download the three files from Moodle.
  4. Read the assessment instructions and start unpacking the case study.
  5. Use the Q&A Forum on Moodle if you are unsure how to proceed.
Week 2 Begin Date: 15 Mar 2021

Module/Topic

Securities Markets and Transactions

Chapter

2

Events and Submissions/Topic

  1. Refer to the weekly study guide.
  2. Complete self-study questions.
  3. For the practical assessment this week complete the ‘Scope of our advice’; ‘Your goals and objectives’ and ‘Your risk tolerance’ sections of the Statement of Advice.
Week 3 Begin Date: 22 Mar 2021

Module/Topic

Investment Information and Securities Transactions

Chapter

3

Events and Submissions/Topic

  1. Refer to the weekly study guide.
  2. Complete self-study questions.
  3. For the practical assessment complete the ‘Our Recommended Investment Strategies’ section by reviewing the Fact Find, the client's objectives, needs and risk tolerance and linking these to what investment strategy/ies you believe are achieve them
Week 4 Begin Date: 29 Mar 2021

Module/Topic

Return and Risk

Chapter

4

Events and Submissions/Topic

  1. Refer to the weekly study guide.
  2. Complete self-study questions.
  3. For the practical assessment complete the ‘Our Investment Product Recommendations’ section using the prompts/analysis questions within the SOA.
Week 5 Begin Date: 05 Apr 2021

Module/Topic

Modern Portfolio Concepts

Chapter

5

Events and Submissions/Topic

  1. Refer to the weekly study guide.
  2. Complete self-study questions.
  3. For the practical assessment complete the “Replacement and alternative product recommendations” sections of the SOA.
  4. Please follow the grading guidelines in the rubrics carefully.
Vacation Week Begin Date: 12 Apr 2021

Module/Topic

Catchup and assessment completion


Chapter

Events and Submissions/Topic

Week 6 Begin Date: 19 Apr 2021

Module/Topic

Share investments and analysis

Chapter

6, 7 and 8

Events and Submissions/Topic

  1. Refer to the weekly study guide.
  2. Complete self-study questions.
  3. For the practical assessment continue working through the SOA. You should be at the stage of completing the ‘Recommended asset allocation’ as well as making a start on the ‘Financial outcomes of our recommended strategies’.
Week 7 Begin Date: 26 Apr 2021

Module/Topic

Market Efficiency and Behavioral Finance, Preferred Stock and Taxation of Investments

Chapter

9 and 16

Events and Submissions/Topic

  1. Refer to the weekly study guide.
  2. Complete self-study questions.
  3. For the practical assessment complete the ‘Cost of our advice’ section of the SOA and the ‘Supporting information and Annexures’.
Week 8 Begin Date: 03 May 2021

Module/Topic

Fixed Interest Securities and Bond Valuation

Chapter

10 and 11

Events and Submissions/Topic

  1. Refer to the weekly study guide.
  2. Complete self-study questions.
  3. For the practical assessment finalise your written Statement of Advice template
Week 9 Begin Date: 10 May 2021

Module/Topic

Mutual (Managed funds) and Exchange Traded Funds

Chapter

12

Events and Submissions/Topic

  1. Please refer to the study guide for the exact pages to refer to for each chapter.
  2. Complete self-study questions
  3. Prepare for the exams.
Week 10 Begin Date: 17 May 2021

Module/Topic

Managing your own portfolio

Chapter

13

Events and Submissions/Topic

  1. Please refer to the study guide for the exact pages to refer to for each chapter.
  2. Complete self-study questions
  3. Prepare for the exams
  4. Complete the student evaluation

PRACTICAL ASSESSMENT: INVESTMENT ANALYSIS AND PLANNING Due: Week 10 Thursday (20 May 2021) 11:45 pm AEST
Week 11 Begin Date: 24 May 2021

Module/Topic

Options: Puts and Calls

Chapter

14

Events and Submissions/Topic

  1. Please refer to the study guide for the exact pages to refer to for each chapter.
  2. Complete self-study questions
  3. Prepare for the exams
  4. Complete the student evaluation if you have not already done so
Week 12 Begin Date: 31 May 2021

Module/Topic

Futures and Forward Contracts

Chapter

15

Events and Submissions/Topic

  1. Please refer to the study guide for the exact pages to refer to for each chapter.
  2. Complete self-study questions.
  3. Prepare for the exams.
  4. Complete the student evaluation if you have not already done so.
Review/Exam Week Begin Date: 07 Jun 2021

Module/Topic

All the best for the exams.

Chapter

Review the Exam Advice.

Events and Submissions/Topic

Exam Week Begin Date: 14 Jun 2021

Module/Topic

Chapter

Events and Submissions/Topic

Assessment Tasks

1 Written Assessment

Assessment Title
PRACTICAL ASSESSMENT: INVESTMENT ANALYSIS AND PLANNING

Task Description

This is an individual assessment.

Important detailed information for your assessment is on the Moodle site.

Before you begin please read the:

  1. instructions for completing and submitting your assessment.
  2. case study background.

Task requirements:

  1. Identify the client's objectives, needs and financial situation by reviewing the case study background, fact find and risk profile information provided.
  2. If you choose to use XPlan, input this information into XPlan software so that you can model the various strategies within XPlan.
  3. Prepare a written Statement of Advice using the template provided and financial planning software [XPlan, Microsoft-Excel and/or related software]. The software is available to you via Moodle.
  4. Using the analysis questions provided within the Statement of Advice template, develop and document appropriate investment strategies and recommendations to achieve the client's investment goals.

We provide:

  1. Instructions document to complete the assessment with grading rubrics
  2. Completed fact find and risk profile document assumedly obtained during a meeting with the client that has already taken place.
  3. Statement of Advice template, which you must complete to be graded.
  4. Data analysis questions within the Statement of Advice to assist preparing the Statement of Advice document.

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 unit coordinator is available via Moodle discussion forum and Q&A forum, as well as Zoom drop-in sessions.

Please refer to Moodle and download all three files relating to this Assessment requirements. Please read these documents carefully.

Email your unit coordinator directly to address any personal matters, concerns or difficulties during the term is encouraged.


Assessment Due Date

Week 10 Thursday (20 May 2021) 11:45 pm AEST

Submission via Moodle


Return Date to Students

Week 12 Thursday (3 June 2021)

Feedback via Moodle


Weighting
50%

Assessment Criteria

We award marks for completing a Statement of Advice (SOA) Microsoft-Word template provided covering the following sections of the SOA.

  1. Introduction (Table of Contents)
  2. Your goals and objectives
  3. Scope of your advice
  4. Your tolerance to risk
  5. Retirement funding
  6. Summary of our Advice in a Strategy Map
  7. Our Recommended Superannuation Strategies
  8. Our Superannuation Product Recommendations
  9. Replacement and alternative product recommendations included
  10. Recommended asset allocation
  11. Financial outcomes of our recommended strategies
  12. Cost of our advice
  13. Supporting information and Annexures
  14. Organisation/Structure/Presentation/Mechanics
  15. Sources/Evidence

Find in the Assessment Instruction File in Moodle a comprehensive marking criteria sheet covering grade


Referencing Style

Submission
Online

Submission Instructions
Your assessment 1 comprise a single Microsoft-word file as per the Assessment Criteria List above that is to be uploaded and submitted via Moodle

Learning Outcomes Assessed
  • 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.


Graduate Attributes
  • Communication
  • Problem Solving
  • Critical Thinking
  • Information Literacy
  • Team Work
  • Information Technology Competence
  • Cross Cultural Competence
  • Ethical practice

Examination

Outline
Complete an invigilated examination

Date
During the examination period, at a CQUniversity examination centre

Weighting
50%

Length
180 minutes

Details
Calculator - all non-communicable calculators, including scientific, programmable and graphics calculators are authorised
Dictionary - non-electronic, concise, direct translation only (dictionary must not contain any notes or comments).
Closed Book
Academic Integrity Statement

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?