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This course is an introduction to major issues that are currently of concern to all investors. It examines investments and portfolio management from both a theoretical and practical perspective. Emphasis is placed on the development of the skills and competencies required to succeed as an investment professional, especially those related to financial advising, investment analysis and portfolio formation and management. Topics covered include portfolio and capital market theory, asset pricing, equity valuation, portfolio creation, and other aspects of portfolio management, and recent development in New Zealand financial market. The course utilises materials included in the Chartered Financial Analyst (CFA) Exam Level I-III curricula, and helps students prepare to take the CFA exams.
Upon successful completion of the course students will be able to: a. Be able to develop key components of an investment policy statementb. Demonstrate an understanding of major investment media and quantify and evaluate their risks and returns. c. Understand the theoretical basis and practical implementations of widely-used asset pricing theories. d. Define valuation and intrinsic value and explain possible sources of perceived mispricing e. Calculate the recommended value (price) of equity and justify a buy or sell recommendation f. Illustrate the broad criteria for choosing an appropriate approach for valuing a particular company g. Quantify financial risk and evaluate investment performance. h. Achieve a higher standard of professional excellence while mastering methods to analyze ethical dilemmas i. Develop critical thinking and problem-solving skills, and be able to apply advanced knowledge to make investment decisions
Subject to approval of Head of Department
FINC311
Students must attend one activity from each section.
Huong Dang
In order to pass the course, you must obtain: (i) A grade of 45% or better on the final exam; and (ii) An average grade of 50% or better overallGuidelines for the Use of AI in CourseworkThe use of AI may or may not be permitted in courses. Within a course, permission may vary by assignment. It is the responsibility of the student to inform themselves about assessment conditions and submit work that is their own and that properly acknowledges the work of other people and tools, including generative artificial intelligence tools.It is important to familiarise yourself with the UC Misconduct Procedure Guide for Students. Examples of academic misconduct include, but are not limited to:Where a student uses a generative artificial intelligence (AI) tool for an assessment in a manner that is not expressly permitted or fails to acknowledge the use of a generative AI tool as instructed.Assessment In Te Reo MāoriIn recognising that Te Reo Māori is an official language of New Zealand, the University provides for students who may wish to use the Te Reo Māori in their assessment. If you intend to submit your work in Te Reo Māori you are required to do the following: Read the Assessment in Te Reo Māori Policy and ensure that you meet the conditions set out in the policy. This includes, but is not limited to, informing the Course Coordinator1) no later than 10 working days after the commencement of the course that you wish to use Te Reo Māori and 2) at least 15 working days before each assessment due date that you wish to use Te Reo Māori.
Bodie, Zvi., Kane, Alex., Marcus, Alan J; Investments ; 13th; 2024.
Pinto, Henry, Robinson, Stowe; Equity asset valuation ; 2nd; John Wiley & Sons.
Domestic fee $1,198.00
International Postgraduate fees
* All fees are inclusive of NZ GST or any equivalent overseas tax, and do not include any programme level discount or additional course-related expenses.
For further information see Department of Economics and Finance .