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FIN8203 Strategic Investments

Semester 1, 2013 On-campus Toowoomba
Units : 1
Faculty or Section : Faculty of Business and Law
School or Department : School of Accounting, Economics and Finance
Version produced : 21 July 2014

Contents on this page

Staffing

Examiner: Frank Elston
Moderator: Taiji Watanabe

Requisites

Pre-requisite: FIN8202

Other requisites

Students are required to have access to a personal computer, e-mail capabilities and Internet access to UConnect. Current details of computer requirements can be found at http://www.usq.edu.au/current-students/support/computing/hardware.

Rationale

In business and investment, risk has traditionally been interpreted in a negative way. Traditional investments focus on risk minimisation either by eliminating risk or reducing risk exposure. However, in recent years, many companies have found traditional investments are too narrow and constrain their activities. They have realised that what is needed is a calculated risk taking. This course provides an opportunity to learn how to exploit risk and investigate alternative investment strategies.

Synopsis

This course introduces the student to contemporary financial investment theory, analysis, and practice. Students should gain an understanding of major investment instruments such as debt and equity securities and company funds. Students also will have an appreciation for making strategic investment decisions with the consideration of risk. The course structure helps the student to build up mathematical literacy sufficient to understand investments.

Objectives

On successful completion of this course, students should be able to:

  1. understand and apply mathematical literacy relevant to strategic risk taking
  2. apply knowledge in financial products to strategic risk taking
  3. understand and apply financial techniques and technologies to strategic risk taking
  4. apply different strategies in undertaking strategic risks and communicate with stakeholders.

Topics

Description Weighting(%)
1. Foundations of financial mathematical literary 15.00
2. Financial products 30.00
3. Financial techniques and technologies 30.00
4. Strategic risk taking 25.00

Text and materials required to be purchased or accessed

ALL textbooks and materials available to be purchased can be sourced from USQ's Online Bookshop (unless otherwise stated). (https://bookshop.usq.edu.au/bookweb/subject.cgi?year=2013&sem=01&subject1=FIN8203)

Please contact us for alternative purchase options from USQ Bookshop. (https://bookshop.usq.edu.au/contact/)

  • Mayo, HB 2011, Investment: an introduction, 10th edn, South-Western Cengage Learning, Mason, Ohio.

Reference materials

Reference materials are materials that, if accessed by students, may improve their knowledge and understanding of the material in the course and enrich their learning experience.
  • Bodie, Z, Kane, A & Marcus, A 2011, Investments, 9th edn, McGraw-Hill/Irwin, New York.
  • Gitman, LJ, Joehnk, M, Smart, S, Juchau, R & Ross, D 2011, Fundamentals of investing, 3rd edn, Pearson Education Australia, Frenchs Forest, New South Wales.
    (Australian edition.)
  • Malkiel, BG 2012, A random walk down Wall Street: the time-tested strategy for successful investing, 10th edn, WW Norton, New York.
  • Reilly, F & Brown, K 2009, Investment analysis and portfolio management, 9th edn, Cengage, Mason, Ohio.
  • Shiller, RJ 2005, Irrational exuberance, 2nd edn, Doubleday, Sydney, New South Wales.
  • Strong, RA 2009, Portfolio construction, management and protection, 5th edn, Thomson South-Western, Mason, Ohio.
  • Vishwanath, S & Krishnamurti, C (eds.) 2009, Investment management: a modern guide to security analysis and stock selection, Springer, Heidelberg.

Student workload requirements

Activity Hours
Assessments 40.00
Directed Study 75.00
Private Study 50.00

Assessment details

Description Marks out of Wtg (%) Due Date Notes
ONLINE QUIZ 1 10 10 21 Mar 2013
ASSIGNMENT 15 15 25 Apr 2013 (see note 1)
ONLINE QUIZ 2 15 15 09 May 2013
2-HOUR EXAMINATION 60 60 End S1 (see note 2)

NOTES
  1. The assignment details will be posted on StudyDesk.
  2. The examination is scheduled to be held in the end-of-semester examination period. Students will be advised of the official examination date after the timetable has been finalised.

Important assessment information

  1. Attendance requirements:
    It is the students' responsibility to attend and participate appropriately in all activities (such as lectures, tutorials, laboratories and practical work) scheduled for them, and to study all material provided to them or required to be accessed by them to maximise their chance of meeting the objectives of the course and to be informed of course-related activities and administration.

  2. Requirements for students to complete each assessment item satisfactorily:
    To satisfactorily complete an individual assessment item a student must achieve at least 50% of the marks. (Depending upon the requirements in Statement 4 below, students may not have to satisfactorily complete each assessment item to receive a passing grade in this course.)

  3. Penalties for late submission of required work:
    If students submit assignments after the due date without prior approval of the examiner, then a penalty of 5% of the total marks gained by the student for the assignment may apply for each working day late up to ten working days at which time a mark of zero may be recorded. Once feedback or marks are announced, late submission of assignments for assessment purpose will be only accepted by the course examiner's discretion, and if accepted, the above penalty will apply.

  4. Requirements for student to be awarded a passing grade in the course:
    To be assured of receiving a passing grade a student must achieve at least 50% of the total weighted marks available for the course.

  5. Method used to combine assessment results to attain final grade:
    The final grades for students will be assigned on the basis of the aggregate of the weighted marks obtained for each of the summative assessment items in the course.

  6. Examination information:
    This is a restricted examination. Candidates are allowed access to specific materials during the examination. The only materials that candidates may use in the restricted examination for this course are: writing materials (non-electronic and free from material which could give the student an unfair advantage in the examination); calculators which cannot hold textual information (students must indicate on their examination paper the make and model of any calculator(s) they use during the examination); English translation dictionaries (but not technical dictionaries). Students are not permitted to take mobile telephones, pagers or other electronic means of communication into the examination room.

  7. Examination period when Deferred/Supplementary examinations will be held:
    Any Deferred or Supplementary examinations for this course will be held during the next examination period.

  8. University Student Policies:
    Students should read the USQ policies: Definitions, Assessment and Student Academic Misconduct to avoid actions which might contravene University policies and practices. These policies can be found at http://policy.usq.edu.au.

Assessment notes

  1. Referencing in assignments: Harvard (AGPS) is the referencing system required in this course. Students should use Harvard (AGPS) style in their assignments to format details of the information sources they have cited in their work. The Harvard (AGPS) style to be used is defined by the USQ Library's referencing guide at http://www.usq.edu.au/library/referencing.

  2. Course weightings: Course weightings of topics should not be interpreted as applying to the number of marks allocated to questions testing those topics in an examination paper. The examination may test material already tested in assignments.

Other requirements

  1. Computer, e-mail and Internet access: Students are required to have access to a personal computer, e-mail capabilities and Internet access to UConnect. Current details of computer requirements can be found at http://www.usq.edu.au/current-students/support/computing/hardware.