FINM8006 Advanced Investments

Offered By	Rsch Sch of Finance, Actuarial Studies & App Stats
Academic Career	Graduate Coursework
Course Subject	Financial Management
Offered in	First Semester, 2012, Second Semester, 2012, First Semester, 2013, and Second Semester, 2013
Unit Value	6 units
Course Description	The objective of this course is to provide students an advanced understanding of investment decision analysis. This course covers seminal and contemporary literature on topics including theoretical, empirical and applied finance related to the investment decision. The course also provides links between asset pricing and market microstructure through an examination of trading and price formation.
Learning Outcomes	On satisfying the requirements for this course, students should obtain an in-depth understanding of investment theories and practice. understand theoretical foundation and application of important asset pricing models. In addition, students will have the knowledge and skills to: derive seminal asset pricing models including the CAPM, APT and seminal microstructure models and various empirical market microstructure models. explain and differentiate several asset pricing models and market microstructure models. critically analyse and identify limitation of several asset pricing models and market microstructure models. perform basic empirical testing of asset pricing models and microstructure models apply investment theories and models in a real world environment. work in teams and develop interpersonal and cognitive skills to a higher level.
Indicative Assessment	In class assessment 20% Research report 30% End of semester examination 50%
Workload	10 hrs per week
Course Classification(s)	AdvancedAdvanced courses are designed for students having reached 'first degree' level of assumed knowledge, which provide a deep understanding of contemporary issues; or 'second degree' and higher levels of knowledge; or for transition to research training programs. and SpecialistSpecialist courses are designed for students having reached 'first degree' level of assumed knowledge, which provide for the acquisition of specialist skills; or 'second degree' and higher level of knowledge; or for transition to research training programs; or knowledge associated with professional accreditation.
Areas of Interest	Finance
Eligibility	At least an average of 65% (or equivalent) in the final two years of an Australian undergraduate degree with at least one year of university level study in quantitative analysis, including basic mathematics and data analysis techniques.
Requisite Statement	Pre-requisites: (FINM7007 Applied Corporate Finance, FINM7008 Applied Investments, FINM7041 Applied Derivatives and FINM7044 Applied Valuation) OR (FINM7008 Applied Investments and enrolment in 7410 Master of Actuarial Studies Program)
Prescribed Texts	See Course Website
Preliminary Reading	See Course Website
Indicative Reading List	See Course Website
Programs	Master of Actuarial Studies, Master of Actuarial Studies, Master of Commerce, Master of Commerce, Master of Commerce, Master of Commerce, and Master of Finance
Other Information	For further information please refer to Course Website
Academic Contact	See http://ecocomm.anu.edu.au/courses/course.asp?code=FINM8006

The information published on the Study at ANU 2012 website applies to the 2012 academic year only. All information provided on this website replaces the information contained in the Study at ANU 2011 website.