• Offered by Rsch Sch of Finance, Actuarial Studies & App Stats
  • ANU College ANU College of Business and Economics
  • Course subject Financial Management
  • Areas of interest Finance
  • Academic career UGRD
  • Mode of delivery In Person
  • Offered in Second Semester 2017
    See Future Offerings

Students in this course will receive training in the management of the Student Managed Fund (SMF), under the guidance of course convenors and students enrolled in Student Managed Fund Extension. The primary task of students will be to provide support in formulating investment recommendations to be reviewed and endorsed by an Investment Advisory Committee that includes industry practitioners and ANU staff. The students will also be responsible for assisting in the day-to-day functions typical of a managed fund. An SMF Charter and Governance Structure Statement will set out the policies and procedures under which the SMF operates.

Admission to the course will be selective, with the expectation that students who successfully complete the Student Managed Fund course will continue to the Student Managed Fund Extension course. To ensure continuity, students enrolled in the Student Managed Fund Extension course will adopt senior managerial and decision-making roles; and will be responsible for training the students enrolled in the Student Managed Fund course so that they can progress to the senior roles when enrolled in the Student Managed Fund Extension course. Students learning occurs through assisting in the management the SMF and its activities, and in undertaking research in support of investment recommendations and design of investment processes. The course is essentially an advanced form of activity-based learning, where teaching staff provide direction and support through workshops and consultations rather than formal lectures.

Learning Outcomes

Upon successful completion, students will have the knowledge and skills to:

On satisfying the requirements for the course, students will gain the following knowledge and skills:
1. Understanding of the process of managing (real) money in pursuit of defined objectives
2. Appreciation for the manner in which the fund management industry operates
3. Capacity to communicate and advocate recommendations for action in an applied setting   
4. Ability to operate in a team environment
 

Indicative Assessment

Assessment will reflect a combination of grades awarded by teaching staff (convenors) and peer evaluation by other enrolled students. Grades will reflect evaluation of: contribution to written research reports and supporting analysis; assistance in the presentation of investment cases to the enrolled student group; teamwork; and contributions to furthering the long-term goals of the SMF. The latter would reflect aspects such as engagement with the student cohort, and effort put into building infrastructure that supports the SMF. Students will be graded on their participation and involvement in SMF group meetings, as appropriate.   

Assessment links to the learning objectives in the following way:
1. Understanding of process of managing money - evaluation of the quality of contribution and assistance provided in generating research reports, analysis and presentations
2. Appreciation for how fund management operates - evaluation of the of the quality of contribution and assistance in generating research reports, analysis and presentations; participations, involvement and engagement  
3. Capacity to communicate and advocate recommendations - evaluation of the quality of contribution and assistance provided in generating research reports and presentations
4. Ability to operate in a team environment - evaluation of contribution to teamwork and furthering of the SMF goals; student peer assessment.
 

The ANU uses Turnitin to enhance student citation and referencing techniques, and to assess assignment submissions as a component of the University's approach to managing Academic Integrity. While the use of Turnitin is not mandatory, the ANU highly recommends Turnitin is used by both teaching staff and students. For additional information regarding Turnitin please visit the ANU Online website.

Workload

Students will be expected to commit 10-12 hours per week on average, although the workload may be uneven and some passionate students may choose to dedicate additional time. In addition to the 3-hour weekly SMF team meeting, this time would be spent on activities such as: investment analysis; research into into topics related to the management of the fund; preparation of reports and presentations; and communicating and engaging with other students and the convenors. The option will be available for students transitioning from the Student Managed Fund course to the Student Managed Fund Extension course to remain engaged with the management of the fund during the university break, if they so desire. 
 

Requisite and Incompatibility

You will need to contact the Rsch Sch of Finance, Actuarial Studies & App Stats to request a permission code to enrol in this course.

Preliminary Reading

The SMF Charter, Investment Policy Statement, and any other documents related to the SMF policies and processes. Students with will be encouraged to read the financial press such as the AFR, as well as materials on investing.
 

Assumed Knowledge

Enrolment in this course is by competitive process. Please see eligibility requirements at https://www.rsfas.anu.edu.au/rsfas/archived-news/h33/

A passion for, and basic understanding of, investing will be an important part of the selection criteria. Evidence of ability to work in teams and good communication skills will be valued.
 

Fees

Tuition fees are for the academic year indicated at the top of the page.  

If you are a domestic graduate coursework or international student you will be required to pay tuition fees. Tuition fees are indexed annually. Further information for domestic and international students about tuition and other fees can be found at Fees.

Student Contribution Band:
3
Unit value:
6 units

If you are an undergraduate student and have been offered a Commonwealth supported place, your fees are set by the Australian Government for each course. At ANU 1 EFTSL is 48 units (normally 8 x 6-unit courses). You can find your student contribution amount for each course at Fees.  Where there is a unit range displayed for this course, not all unit options below may be available.

Units EFTSL
6.00 0.12500
Domestic fee paying students
Year Fee
2017 $3660
International fee paying students
Year Fee
2017 $4878
Note: Please note that fee information is for current year only.

Offerings and Dates

The list of offerings for future years is indicative only

Second Semester

Class number Class start date Last day to enrol Census date Class end date Mode Of Delivery Class Summary
10109 24 Jul 2017 31 Jul 2017 31 Aug 2017 27 Oct 2017 In Person N/A

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