|Short Description:||Portfolio Management|
|Faculty or Section :||Faculty of Business, Education, Law and Arts|
|School or Department :||School of Business|
|Student contribution band :||Band 4|
|ASCED code :||081105 - Investment and Securities|
|Grading basis :||Graded|
|Version produced :||14 May 2021|
Pre-requisite: FIN1101 and FIN1103 and (STA2300 or STA1003)
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.
The current trend in the funds management industry is away from security analysis (stock picking) and towards asset allocation (managing the balance of equities, bonds, cash etc). The latter, typically called portfolio management, is now more important than the former, typically called investment management. Portfolio management is important to both individuals who manage their own personal assets and managers who manage the assets of others. This course aims to cover the most crucial aspects of portfolio management. Coverage includes these topics: the construction of the portfolio, investment objectives and policies; the management of the portfolio including the selection of assets, the utilisation of modern portfolio methods and the revision of the portfolio; and the protection of the portfolio using derivatives. The course emphasises the analytical aspects of portfolio management and the decision making process to enable students to apply the established theories and models in the financial world.