In 2023 this unit is offered twice however each offering is restricted to specific cohorts.
- C6D GradDipFinPlan students should enrol in this unit in Winter School, 2023. Self-enrolment is not enabled for this unit in Winter School so please contact UConnect for assistance with your enrolment in this unit.
- Non-C6D GradDipFinPlan students should enrol in this unit in Semester 2, 2023.
Introduction
In this unit, you will be introduced to the basic principles of investing. A discussion will be made of the main characteristics of investments with an emphasis on risk and return and the trade-off between the two. The unit focuses on the concepts of portfolio investment and the importance of risk management, plus addresses the issues of correlation and diversification. Identification of the risk profile of an investor is of critical importance in selecting an investment portfolio. The process of asset allocation is a very subjective one and particular to the needs of individual investors. You will study the process of asset allocation, as well as some basic investment approaches. While most people would have a number of basic investment objectives, few people are in a position to be able to devise a plan to help them achieve their objectives. A key ingredient to being able to implement a comprehensive financial plan is determining the investment products that may be appropriate for an investor. We will review the characteristics of individual investment products.
Summary
| Unit name | Investment Planning |
| Unit code | BFA607 |
| Credit points | 12.5 |
| College/School | Tasmanian School of Business and Economics |
| Discipline | Finance |
| Coordinator | Doctor Roger Colbeck |
| Delivered By | University of Tasmania and Third Party(ies): ECA |
| Level | Postgraduate |
Sustainable Development Goals
The Unit Coordinator has identified that this unit aligns with the following UN Sustainable Development Goals. We welcome your thoughts and feedback on the alignment of the unit with these goals.
Availability
Specific information on 2027 unit availability will be available in August
Learning Outcomes
- Describe the role of the financial system, its function, and the key participants within the finance system.
- Assess the potential risks affecting the financial system, their impact on financial service products, providers, clients and long-term economic performance using financial tools and techniques.
- Construct and defend a multi-asset portfolio.
- Apply the principles of behavioural finance to identify typical behaviour patterns exhibited by investors while making sustainable investment decisions.
- Evaluate funding methods for investments and communicate investment recommendations.
Fee Information
2027 fee information will be available in August.
Teaching
| Assessment | Application questions and case study (30%)|Mid-semester test (30%)|Final Exam - take home (40%) |
|---|---|
| Timetable | View the lecture timetable | View the full unit timetable |
Textbooks
| Required |
You will need the following text: Bodie, Z., Kane, A. and Marcus, A.J., (2023). Investments, McGraw-Hill, 13th edition, ISBN: 9781264412662, 1264412665 |
|---|---|
| Recommended | Saunders, M., Lewis, P. and Thornhill, A., 2019. Research Methods for Business Students, Pearson education, 8th edition, ISBN: 9781292208787, 1292208783. Ackert, L. and Deaves, R., 2010, Behavioral Finance: Psychology, Decision-Making, and Markets, 1st edn, Cengage Learning. Taylor, S., and Juchau, R., 2020, Financial Planning in Australia: Advice and Wealth Management 9th edition Administration, LexisNexis Butterworths, Sydney. Valentine, T., and Scott, C., 2011, Modern Financial and Investment Planning 2nd edition, Pearson Australia. Jordan, B., Miller, T., and Dolvin, S., 2021. Fundamentals of Investments: Valuation and Management, McGraw-Hill, 9th Edition, (ISBN10: 1260013979 | ISBN13: 9781260013979). |
The University reserves the right to amend or remove courses and unit availabilities, as appropriate.