Unit convenor and teaching staff |
Unit convenor and teaching staff
Andrew Lepone
Keith Woodward
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Credit points |
Credit points
10
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Prerequisites |
Prerequisites
(MGSM835 or MMBA8035) and (MGSM840 or MMBA8040)
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Corequisites |
Corequisites
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Co-badged status |
Co-badged status
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Unit description |
Unit description
This unit develops a conceptual framework to apply modern investment theory. Students analyse the investment industry, the risk-return relation, asset allocation between risky and risk-free assets, how optimal portfolios are constructed and why they are constructed the way they are. The unit also provides insights in terms of models that explain the cross-section of stock returns, articulating and considering the market efficiency debate, differences between behavioural finance and rational expectations, bond portfolio management, and portfolio insurance techniques. The unit concludes by examining portfolio performance measurement as the final step in the investment process. |
Information about important academic dates including deadlines for withdrawing from units are available at https://www.mq.edu.au/study/calendar-of-dates
On successful completion of this unit, you will be able to:
Late submissions of assessments
Unless a Special Consideration request has been submitted and approved, no extensions will be granted. There will be a deduction of 10% of the total available assessment-task marks made from the total awarded mark for each 24-hour period or part thereof that the submission is late. Late submissions will only be accepted up to 96 hours after the due date and time.
No late submissions will be accepted for timed assessments – e.g., quizzes, online tests.
Table 1: Penalty calculation based on submission time
Submission time after the due date (including weekends) |
Penalty (% of available assessment task mark) |
Example: for a non-timed assessment task marked out of 30 |
< 24 hours |
10% |
10% x 30 marks = 3-mark deduction |
24-48 hours |
20% |
20% x 30 marks = 6-mark deduction |
48-72 hours |
30% |
30% x 30 marks = 9-mark deduction |
72-96 hours |
40% |
40% x 30 marks = 12-mark deduction |
> 96 hours |
100% |
Assignment won’t be accepted |
Special Consideration
To request an extension on the due date/time for a timed or non-timed assessment task, you must submit a Special Consideration application. An application for Special Consideration does not guarantee approval.
The approved extension date for a student becomes the new due date for that student. The late submission penalties above then apply as of the new due date.
Name | Weighting | Hurdle | Due |
---|---|---|---|
Case study report | 30% | No | 13/02/2022 |
Group assignment | 30% | No | 04/03/2022 |
Test | 40% | No | 18/02/2022 |
Assessment Type 1: Case study/analysis
Indicative Time on Task 2: 20 hours
Due: 13/02/2022
Weighting: 30%
A 1,500 word case study report including both quantitative and qualitative analysis.
Assessment Type 1: Case study/analysis
Indicative Time on Task 2: 20 hours
Due: 04/03/2022
Weighting: 30%
A 1,500 - 3.000 word case study report including both quantitative and qualitative analysis.
Assessment Type 1: Quiz/Test
Indicative Time on Task 2: 20 hours
Due: 18/02/2022
Weighting: 40%
A 1.5-hour test will be held in session.
1 If you need help with your assignment, please contact:
2 Indicative time-on-task is an estimate of the time required for completion of the assessment task and is subject to individual variation
Required Text
Bodie, Z., Kane, A. & Marcus, A. (2021) Investments, 12th edition, McGraw Hill.
For information on textbook prices and online ordering, please refer to the Booktopia webpage at https://www.booktopia.com.au/investments-zvi-bodie/book/9781260571158.html
iLearn
The web page for this unit can be found at: https://ilearn.mq.edu.au
Class Dates:
Friday | 21 January 2022 | 9am - 5pm |
Saturday | 22 January 2022 | 9am - 5pm |
Sunday | 23 January 2022 | 9am - 5pm |
Saturday | 12 February 2022 | 9am - 5pm |
Sunday | 13 February 2022 | 9am - 5pm |
The Unit will be presented as follows:
Session |
Topic |
Required Textbook Reading |
1 |
The Investment Environment |
Chapters 1-5 |
2 |
Investment Return and Risk |
Chapters 6-7 |
3 |
Individuals and Investing |
Chapters 9-10 |
4 |
Managed Funds Basics; Measuring Managed Funds Performance; Critiquing Managed Funds |
Chapters 4 & 24 |
5 |
Investing in Shares |
Chapters 17 & 25 |
6 |
Investing Principles |
Chapters 18-19 |
7 |
Bond Investments; Bond Valuation; Investment Strategies |
Chapters 14-16 |
8 |
Market Efficiency and Behavioural Finance |
Chapters 11-12 |
9 |
Other Investments: Preference Shares; Convertibles; Derivatives; Hedge Funds; Other Tangibles |
Chapters 21, 22 & 26 |
10 |
Discussion Session on Project; Integration & Review |
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Students seeking more policy resources can visit Student Policies (https://students.mq.edu.au/support/study/policies). It is your one-stop-shop for the key policies you need to know about throughout your undergraduate student journey.
To find other policies relating to Teaching and Learning, visit Policy Central (https://policies.mq.edu.au) and use the search tool.
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Results published on platform other than eStudent, (eg. iLearn, Coursera etc.) or released directly by your Unit Convenor, are not confirmed as they are subject to final approval by the University. Once approved, final results will be sent to your student email address and will be made available in eStudent. For more information visit ask.mq.edu.au or if you are a Global MBA student contact globalmba.support@mq.edu.au
At Macquarie, we believe academic integrity – honesty, respect, trust, responsibility, fairness and courage – is at the core of learning, teaching and research. We recognise that meeting the expectations required to complete your assessments can be challenging. So, we offer you a range of resources and services to help you reach your potential, including free online writing and maths support, academic skills development and wellbeing consultations.
Macquarie University provides a range of support services for students. For details, visit http://students.mq.edu.au/support/
The Writing Centre provides resources to develop your English language proficiency, academic writing, and communication skills.
The Library provides online and face to face support to help you find and use relevant information resources.
Macquarie University offers a range of Student Support Services including:
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When using the University's IT, you must adhere to the Acceptable Use of IT Resources Policy. The policy applies to all who connect to the MQ network including students.
Date | Description |
---|---|
08/12/2021 | The new MQ "Late Assessment Submission statement" added. |
Unit information based on version 2022.02 of the Handbook