BFX5004 Asset pricing theory
Faculty of Business and Economics
BFX5004 Asset pricing theory is a level 5, 6-credit-point, postgraduate unit from the Faculty of Business and Economics, offered in 2022 in Semester 2 at Caulfield. It has no prerequisites.
- Credit points
- 6
- Offered in 2022
- Semester 2
- Caulfield
- Assessment
- Exam 50%
- and 1 other task
- Workload
- 144 hours
- per semester
This is the 2022 handbook entry. See the 2026 entry.
Reviews
No reviews yetNo reviews yet. Be the first to review BFX5004.
Requisites
Before BFX5004
No prerequisites or corequisites besides the enrolment rules below.
After BFX5004
No unit lists BFX5004 as a prerequisite in the 2022 handbook.
Enrolment rules
You must be enrolled in courses B6003 or B6023 and have completed 24 credit points of study, or be granted permission by the Chief Examiner, to undertake this unit.
Overview
This unit introduces you to the classical and modern theories of asset pricing. Topics covered include investors decision making and preferences; alternative asset pricing models; market imperfections and anomalies; and the implications of financial market prices on the real economy. There is a strong focus on understanding asset pricing theories and the importance and applications of these theories in practice.
Offerings in 2022
| Teaching period | Campus | Mode |
|---|---|---|
| Second semester | Caulfield | On campus |
Assessment
- Within semester assessment50%
- Examination50%
Learning outcomes
When you finish this unit, you should be able to:
- 1
develop fundamental knowledge on the theoretical foundations of asset pricing models
- 2
critically analyse research papers examining current issues in asset pricing theories
- 3
demonstrate an ability to develop empirical testing and analysis of asset pricing theories
- 4
apply critical thinking, problem solving and presentation skills in individual and/or group activities dealing with issues in asset pricing theories and demonstrate in an individual summative assessment tasks the acquisition of a comprehensive understanding of the topics covered by BFX5004.
Workload and teaching
- Workshops36 hours
- Teaching approachActive learning
- Teaching approachProblem-based 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.
This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.
This unit includes problem-based learning approaches, where you engage in research, integrate theory and practice and apply knowledge and skills to develop viable solutions in response to a problem or set of problems.
Contacts
- Chief Examiners
- Professor Neal Galpin
Common questions
What are the prerequisites for BFX5004?
BFX5004 has no prerequisites, but enrolment rules apply.
When is BFX5004 offered?
In 2022, BFX5004 runs in Semester 2 at Caulfield.
How much work is BFX5004?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does BFX5004 have an exam?
Yes. The exam is worth 50% of the final mark, alongside 1 other task.