UnitLevel 5Postgraduate

BFF5220 Applied investments

Faculty of Business and Economics

BFF5220 Applied investments is a level 5, 6-credit-point, postgraduate unit from the Faculty of Business and Economics, offered in 2021 in Semester 1 and Semester 2 at Caulfield. It has no prerequisites and unlocks 2 units.

Credit points
6
Offered in 2021
Semester 1, Semester 2
Caulfield
Assessment
Exam 50%
and 1 other task
Workload
144 hours
per semester

This is the 2021 handbook entry. See the 2023 entry.

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Requisites

Before BFF5220

Prohibitions

You can't enrol if you have passed any of these.

Enrolment rules

You must be enrolled in course B6003 to undertake this unit.

Overview

This unit explores the theory, tools and techniques used to analyse and price securities. It provides a synopsis of the operation of the securities markets and the mechanics of securities trading. The fundamental valuation tools, including asset pricing models, discounted cash flows and risk-neutral valuation are examined and applied to the pricing of securities across a range of asset classes.

The topics covered include: overview of security market operations, portfolio theory, asset pricing models, market efficiency and behavioural finance, fixed income valuation, and valuing derivative contracts.

Offerings in 2021

Teaching periodCampusMode
First semesterCaulfieldOn campus
Second semesterCaulfieldOn campus

Assessment

  • Within semester assessment
    50%
  • ExaminationThreshold hurdle
    50%

Learning outcomes

When you finish this unit, you should be able to:

  1. 1

    develop a recognition and understanding of the investment environment and its impact on asset valuation

  2. 2

    discuss the concept of modern portfolio theory and its relation to the measurement of risk and expected returns

  3. 3

    critique multi-factor asset pricing models and test competing models

  4. 4

    apply analytical skills related to the valuation of securities across a range of asset classes

  5. 5

    demonstrate critical thinking, analytical and problem-solving skills in the context of investment theories and practices

  6. 6

    demonstrate in an individual summative assessment task the acquisition of a comprehensive understanding of the topics covered by BFF5220.

Workload and teaching

  • Lectures24 hours
  • Tutorials12 hours
  • Teaching approachActive learning
  • Teaching approachPeer assisted learning

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

Learning resources

Technology resources

The only Faculty approved calculators permitted in tests and examinations for all Australian campuses and locations is the HP10bII+ or Casio FX82 (any suffix).

Contacts

Chief Examiners
Dr Viet Nga Cao

Common questions

What are the prerequisites for BFF5220?

BFF5220 has no prerequisites, but enrolment rules apply.

What can I take after BFF5220?

BFF5220 is a prerequisite or corequisite for 2 units, including BFC5915 and BFF5300.

When is BFF5220 offered?

In 2021, BFF5220 runs in Semester 1 and Semester 2 at Caulfield.

How much work is BFF5220?

The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.

Does BFF5220 have an exam?

Yes. The exam is worth 50% of the final mark, alongside 1 other task.

More details

Credit points
6
Level
5
Study level
Postgraduate
Faculty
Faculty of Business and Economics
Organisational unit
Department of Banking and Finance
Type
Coursework
EFTSL
0.125
Student contribution
SCA Band 4
Study abroad
Available
Handbook years
2020202120222023