Course coordinator
Mr Mark Tanner
Consultation hours will be provided via Blackboard.
All appointments outside of office hours are to be scheduled via email.
Course overview
- Study period
- Semester 2, 2024 (22/07/2024 - 18/11/2024)
- Study level
- Undergraduate
- Location
- St Lucia
- Attendance mode
- In Person
- Units
- 2
- Administrative campus
- St Lucia
- Coordinating unit
- Business School
Provides students with techniques for evaluating investments on an individual basis and in the context of portfolio. Techniques for analysing investments focus on maximising expected returns while minimising risk. The most powerful way to achieve this objective is by creating a portfolio of investments. Topics covered are Financial Statement Analysis, Markets and Instruments, Equity Investments, Debt Investments and Portfolio Management.
This course covers investments in the portfolios of institutional and individual investors, including equity, debt, private equity, and managed funds. Topics include financial markets, portfolio theory, and asset valuation. A course objective is to help you develop skills in valuing assets, making investment choices, and forming investment portfolios.
This course has been designed specifically for the BAFE program and has been iteratively improved over the past six years. This course is designed around a large authentic company valuation team project. This experience aims to replicate the experience of an intern or first year analyst. This course is often considered a challenging experience, but we provide a lot of support to students through workshops, tutorials and consultation, all tutors have previously completed this course and helped to improve its design.
Course requirements
Prerequisites
You'll need to complete the following courses before enrolling in this one:
FINM2411 or 2415 or 3401
Incompatible
You can't enrol in this course if you've already completed the following:
FINM2416 or 3402 or 7403
Restrictions
Restricted to students enrolled in the BAdvFinEcon(Hons) and BCom(Hons) programs
Course contact
Course staff
Lecturer
Timetable
The timetable for this course is available on the UQ Public Timetable.
Additional timetable information
Please note: Teaching staff do not have access to the timetabling system to help with class allocation. Therefore, should you need help with your timetable and/or allocation of classes, please ensure you emailﾠbusiness.mytimetable@uq.edu.auﾠfrom your UQ student email account with the following details:
- Full name,
- Student ID, and
- the Course Code
Aims and outcomes
This course aims to provide students with a solid grounding in the key components of investment analysis and portfolio construction. The skills developed in this course will enable students to determine the value of various assets, evaluate the investment decision and determine whether the trade-off between the anticipated return andﾠthe anticipated risk is worth investing in. Students should also achieve the ability to value investments in the context of a portfolio and quantify the contribution they make to the return and risk of a portfolio. These skills will be further developed and expanded in subsequent courses.
Learning outcomes
After successfully completing this course you should be able to:
LO1.
Analyse financial data in order to assess a particular investment or investment strategy (including conducting a valuation of an investment).
LO2.
Complete authentic investment analysis and have the confidence, creativity and resilience to deal with common industry challenges.
LO3.
Work effectively in a team environment completing an authentic investment analysis and making a recommendation.
LO4.
Have the confidence to engage effectively with industry and to persuasively communicate complex ideas verbally and in writing.
LO5.
Evaluate empirical evidence on market efficiency (globally, over decades) and foresee the implications for investment and portfolio management.
LO6.
Understand, assess and have formed a view of the social and ethical trends that are impacting investment markets.
LO7.
Describe techniques for portfolio creation, select and calculate the appropriate techniques to measure portfolio performance.
Assessment
Assessment summary
| Category | Assessment task | Weight | Due date |
|---|---|---|---|
| Paper/ Report/ Annotation, Portfolio, Tutorial/ Problem Set |
Tutorial Tasks
|
20% |
Tutorial Task 1 5/08/2024 1:00 pm Tutorial Task 2 12/08/2024 1:00 pm Tutorial Task 3 19/08/2024 1:00 pm Tutorial Task 4 26/08/2024 1:00 pm Tutorial Task 5 9/09/2024 1:00 pm
The tutorial tasks are due on the Monday after the tutorials are held. Therefore you have the week, the weekend and Monday mornings to work on the tutorial tasks. |
| Examination |
In-Semester Exam
|
15% |
26/08/2024 - 30/08/2024
More information about the exam timetable will be shared in class and via the course Blackboard site. |
| Paper/ Report/ Annotation, Practical/ Demonstration, Presentation, Product/ Design, Reflection |
Investment Valuation Project and Presentation
|
65% (Team 50%; Individual 15%) |
Written Report, Excel Model, Presentation Slides 10/10/2024 2:00 pm Team Presentations 8:00 - 18:30 11/10/2024 Reflection Journal 25/10/2024 5:00 pm |
| Participation/ Student contribution |
Formative Peer Assessment
|
Week 13
During Class |
Assessment details
Tutorial Tasks
- In-person
- Mode
- Product/ Artefact/ Multimedia, Written
- Category
- Paper/ Report/ Annotation, Portfolio, Tutorial/ Problem Set
- Weight
- 20%
- Due date
Tutorial Task 1 5/08/2024 1:00 pm
Tutorial Task 2 12/08/2024 1:00 pm
Tutorial Task 3 19/08/2024 1:00 pm
Tutorial Task 4 26/08/2024 1:00 pm
Tutorial Task 5 9/09/2024 1:00 pm
The tutorial tasks are due on the Monday after the tutorials are held.
Therefore you have the week, the weekend and Monday mornings to work on the tutorial tasks.
- Other conditions
- Longitudinal.
- Learning outcomes
- L01, L02, L04
Task description
Weeks 2-7 you will be required to complete tutorial tasks that will assist you in preparing for the team assignment.
This assessment task evaluates students' abilities, skills and knowledge without the aid of generative Artificial Intelligence (AI) or Machine Translation (MT). Students are advised that the use of AI or MT technologies to develop responses is strictly prohibited and may constitute student misconduct under the Student Code of Conduct.
Submission guidelines
Deferral or extension
You may be able to apply for an extension.
Late submission
A penalty of 10% of the maximum possible mark will be deducted per 24 hours from time submission is due for up to 7 days. After 7 days, you will receive a mark of 0.
In-Semester Exam
- Identity Verified
- In-person
- Mode
- Written
- Category
- Examination
- Weight
- 15%
- Due date
26/08/2024 - 30/08/2024
More information about the exam timetable will be shared in class and via the course Blackboard site.
- Other conditions
- Time limited.
- Learning outcomes
- L01, L05, L06, L07
Task description
This is a multiple choice exam. More information about the In-Semester Exam will be shared in class and posted to the course Blackboard site.
This assessment task evaluates students' abilities, skills and knowledge without the aid of generative Artificial Intelligence (AI) or Machine Translation (MT). Students are advised that the use of AI or MT technologies to develop responses is strictly prohibited and may constitute student misconduct under the Student Code of Conduct.
Exam details
| Planning time | 10 minutes |
|---|---|
| Duration | 120 minutes |
| Calculator options | (In person) Casio FX82 series or UQ approved , labelled calculator only |
| Open/closed book | Closed Book examination - no written materials permitted |
| Exam platform | Learn.UQ |
| Invigilation | Invigilated in person |
Submission guidelines
Deferral or extension
You may be able to defer this exam.
Late submission
Exams submitted after the end of the submission time will incur a late penalty.
Investment Valuation Project and Presentation
- Team or group-based
- In-person
- Mode
- Oral, Product/ Artefact/ Multimedia, Written
- Category
- Paper/ Report/ Annotation, Practical/ Demonstration, Presentation, Product/ Design, Reflection
- Weight
- 65% (Team 50%; Individual 15%)
- Due date
Written Report, Excel Model, Presentation Slides 10/10/2024 2:00 pm
Team Presentations 8:00 - 18:30 11/10/2024
Reflection Journal 25/10/2024 5:00 pm
- Other conditions
- Peer assessed, Peer assessment factor, Longitudinal.
- Learning outcomes
- L01, L02, L03, L04
Task description
The investment valuation project and presentation assessment score comprises the aggregate score of four separately graded components:
- Financial Model (team score - out of 15): Submitted with the report and powerpoint presentation.
- Written report (team score - out of 25): Must be no more than 8 pages long, although tables and/or appendices attached at the end of the report will not count against the total page count.
- Professional Presentation (team score - out of 10): Professional presentation across the model, report and the presentation. Industry standard is expected.
- In-class presentation: Presented during class. Presentations are timed, and over-time presentations will be cut short with a 10% presentation score penalty.
- Individual Presentation (individual score - out of 10): Each team member will receive a unique score out of 10 for their in-class presentation.
- Peer Critique (individual score, based upon peer feedback): The summative Peer evaluation using the blackboard tool - this is multiplied by your team score to create an individual result. (A formative peer evaluation will be conducted during semester so all students understand the implications of the peer evaluation) Students must complete peer assessment to be eligible to receive a grade for the team assignment. Details of the peer assessment process and criteria will be attached to the project materials on Blackboard.
- Final Journal Entry (individual score - out of 5): Students must complete a reflection on what they have learnt working on this team based project.
Submission guidelines
Submit through Turnitin in the Blackboard Assessment link.
Deferral or extension
You may be able to apply for an extension.
Late submission
A penalty of 10% of the maximum possible mark will be deducted per 24 hours from time submission is due for up to 7 days. After 7 days, you will receive a mark of 0.
Formative Peer Assessment
- Mode
- Activity/ Performance
- Category
- Participation/ Student contribution
- Due date
Week 13
During Class
- Other conditions
- Peer assessed.
- Learning outcomes
- L03
Task description
This will be conducted in class as a formative assessment so that everyone is familiar with the peer assessment method.
This will not count to your final grade.
Submission guidelines
Deferral or extension
You cannot defer or apply for an extension for this assessment.
Course grading
Full criteria for each grade is available in the Assessment Procedure.
| Grade | Cut off Percent | Description |
|---|---|---|
| 1 (Low Fail) | 0 - 29 |
Absence of evidence of achievement of course learning outcomes. |
| 2 (Fail) | 30 - 46 |
Minimal evidence of achievement of course learning outcomes. |
| 3 (Marginal Fail) | 47 - 49 |
Demonstrated evidence of developing achievement of course learning outcomes |
| 4 (Pass) | 50 - 64 |
Demonstrated evidence of functional achievement of course learning outcomes. |
| 5 (Credit) | 65 - 74 |
Demonstrated evidence of proficient achievement of course learning outcomes. |
| 6 (Distinction) | 75 - 84 |
Demonstrated evidence of advanced achievement of course learning outcomes. |
| 7 (High Distinction) | 85 - 100 |
Demonstrated evidence of exceptional achievement of course learning outcomes. |
Additional course grading information
Grades will be allocated according to University-wide standards of criterion-based assessment.
Supplementary assessment
Supplementary assessment is available for this course.
Learning resources
You'll need the following resources to successfully complete the course. We've indicated below if you need a personal copy of the reading materials or your own item.
Library resources
Library resources are available on the UQ Library website.
Learning activities
The learning activities for this course are outlined below. Learn more about the learning outcomes that apply to this course.
Filter activity type by
Please select
| Learning period | Activity type | Topic |
|---|---|---|
Week 1 |
Not Timetabled |
Team Work MOOC (Self Directed Learning) EdEx - Working in Teams: A Practical Guide Learning outcomes: L03 |
Lecture |
Macro & industry Analysis Learning outcomes: L01, L03, L04 |
|
Week 2 |
Tutorial |
Weekly Tutorial 1 Learning outcomes: L01, L02, L03, L04 |
Lecture |
Financial Statement Analysis Learning outcomes: L01, L03, L04 |
|
Week 3 |
Tutorial |
Weekly Tutorial 2 Learning outcomes: L01, L02, L03, L04 |
Lecture |
Equity Valuation Learning outcomes: L01, L03, L04 |
|
Week 4 |
Tutorial |
Weekly Tutorial 3 Royal Queensland Show Public Holiday - Wednesday 14 Aug 2024 - Check Blackboard for announcements about affected classes. Learning outcomes: L01, L02, L03, L04 |
Lecture |
Debt & Credit Learning outcomes: L01, L03, L04 |
|
Week 5 |
Tutorial |
Weekly Tutorial 4 Learning outcomes: L01, L02, L03, L04 |
Lecture |
Portfolio Theory & Performance Evaluation Learning outcomes: L01, L05, L07 |
|
Week 6 |
Tutorial |
Weekly Tutorial 5 Learning outcomes: L01, L02, L03, L04 |
Lecture |
EMH, BF & Impact Investing Learning outcomes: L05, L06 |
|
Lecture |
In-Semester Exam More information about the in-semester exam will be shared in class and via the course Blackboard site. Learning outcomes: L01, L05, L06, L07 |
|
Multiple weeks From Week 7 To Week 9 |
Lecture |
Team Progress Meetings |
Week 7 |
Tutorial |
Weekly Tutorial 6 Learning outcomes: L01, L02, L03, L04 |
Week 8 |
Tutorial |
Weekly Tutorial 7 Learning outcomes: L01, L02, L03, L04 |
Week 9 |
Tutorial |
Weekly Tutorial 8 Learning outcomes: L01, L02, L03, L04 |
Mid Sem break |
No student involvement (Breaks, information) |
In-Semester Break No Classes during In-Semester break. |
Week 10 |
Tutorial |
Weekly Tutorial 9 Learning outcomes: L01, L02, L03, L04 |
Lecture |
Team Project Progress Meeting Learning outcomes: L01, L02, L03, L04 |
|
Week 11 |
Tutorial |
Weekly Tutorial 10 King's Birthday Public Holiday - Monday 7 Oct 2024 - Check Blackboard for announcements about affected classes. Learning outcomes: L01, L02, L03, L04 |
Lecture |
Assignment Presentations No Seminars - Presentations on Friday Week 13 Learning outcomes: L02, L03, L04 |
|
Week 12 |
Tutorial |
Weekly Tutorial 11 Learning outcomes: L01, L02, L03, L04 |
Week 13 |
Tutorial |
Weekly Tutorial 12 Learning outcomes: L01, L02, L03, L04 |
Revision week |
Workshop |
Assessment Feedback Sessions To take place during SWOTVAC |
Additional learning activity information
Sustainable Development Goals
This course integrates the following Sustainable Development Goals (SDGs) through lectures and assessment.
Goal 3: Good health and well-being
Goal 5: Gender equality and women’s empowerment
Goal 6: Clean water and sanitation
Goal 7: Affordable and clean energy
Goal 8: Decent work and economic growth
Goal 9: Industries, innovation and infrastructure
Goal 11: Sustainable cities and communities
Goal 12: Responsible consumption and production
Policies and procedures
University policies and procedures apply to all aspects of student life. As a UQ student, you must comply with University-wide and program-specific requirements, including the:
- Student Code of Conduct Policy
- Student Integrity and Misconduct Policy and Procedure
- Assessment Procedure
- Examinations Procedure
- Reasonable Adjustments - Students Policy and Procedure
Learn more about UQ policies on my.UQ and the Policy and Procedure Library.