16332 Investment and Portfolio

Warning: The information on this page is indicative. The subject outline for a particular session, location and mode of offering is the authoritative source of all information about the subject for that offering. Required texts, recommended texts and references in particular are likely to change. Students will be provided with a subject outline once they enrol in the subject.

Subject handbook information prior to 2023 is available in the Archives.

UTS: Design, Architecture and Building: School of the Built Environment
Credit points: 6 cp

Subject level:

Undergraduate

Result type: Grade and marks

Requisite(s): 16236 Property Cash Flow Analysis AND 16234 Property Valuation

Description

This is a core subject usually taken in year 3 of the Bachelor of Property Economics. It is important for developing an understanding of the financial system and the theoretical and practical aspects of investments and portfolios, together with communication and analytical skills. The subject covers local and overseas investment markets and the main methods utilised to analyse investments and portfolios. Concepts covered in lectures are reinforced in workshop questions and assignments.

Subject learning objectives (SLOs)

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

C-1.	Ability to effectively apply a variety of communication skills and technologies in professional contexts
C-2.	Ability to work effectively in a team in a professional context
P-2.	Ability to make investment decisions in various contexts
P-3.	Ability to apply economic theory in analysing property markets
P-5.	Ability to apply financial principles in various contexts
R-2.	Ability to source, evaluate and use information within defined parameters
R-3.	Ability to analyse, structure and report the results of research

Course intended learning outcomes (CILOs)

This subject also contributes to the following Course Intended Learning Outcomes:

Effectively apply a variety of communication skills and technologies in professional contexts (C.1)
Work effectively in a team in a professional context (C.2)
Analyse data to make investment decisions in various contexts (P.2)
Apply economic theory in analysing property markets (P.3)
Apply financial principles to property economics issues (P.5)
Source, evaluate and use information within defined parameters (R.2)
Critically analyse, structure and report the results of research (R.3)

Teaching and learning strategies

Lecture and workshops

Content (topics)

The role and functioning of the Australian financial system and investment markets
The main investment classes, their attributes and function in a diversified portfolio
The role of risk and return in the asset allocation process
Investment strategies, asset allocation and portfolio choice
The portfolio management theory and process including the role of diversification
The role and limitations of (direct and indirect) property in an investment portfolio

Assessment

Assessment task 1: Online Test

Objective(s):	This task addresses the following subject learning objectives: P-2, P-3 and P-5 This task also addresses the following course intended learning outcomes that are linked with a code to indicate one of the five CAPRI graduate attribute categories (e.g. C.1, A.3, P.4, etc.): P.2, P.3 and P.5
Type:	Quiz/test
Groupwork:	Individual
Weight:	15%

Assessment task 2: Individual Assignment

Objective(s):	This task addresses the following subject learning objectives: C-1, C-2, P-2, P-5, R-2 and R-3 This task also addresses the following course intended learning outcomes that are linked with a code to indicate one of the five CAPRI graduate attribute categories (e.g. C.1, A.3, P.4, etc.): C.1, C.2, P.2, P.5, R.2 and R.3
Type:	Report
Groupwork:	Individual
Weight:	40%

Assessment task 3: Exam

Objective(s):	This task addresses the following subject learning objectives: P-2, P-3 and P-5 This task also addresses the following course intended learning outcomes that are linked with a code to indicate one of the five CAPRI graduate attribute categories (e.g. C.1, A.3, P.4, etc.): P.2, P.3 and P.5
Type:	Examination
Groupwork:	Individual
Weight:	45%

Required texts

None

References

For the Financial Markets Component
Hunt, B., & Terry, C., 2011, Financial institutions and markets. Cengage Learning

For the Investment Component
Haugen, R. A.,2001, Modern investment theory (Vol. 5). Upper Saddle River, NJ: Prentice Hall
Elton, E. J., Gruber, M. J., Brown, S. J., & Goetzmann, W. N., 2014, Modern portfolio theory and investment analysis. John Wiley & Sons.

Students are strongly encouraged to read the Australian Financial Review and the financial pages of the Australian and the Sydney Morning Herald.