Students in this course will be responsible for the management of the Student Managed Fund (SMF), under the guidance of course convenors. The primary task of students will be to make investment recommendations to be reviewed and endorsed by an Investment Advisory Committee that includes industry practitioners and ANU staff. Another key role of students enrolled in the course is to undertake management roles and be responsible for the day-to-day functions typical of a managed fund. An SMF Charter and Governance Structure will set out the policies and procedures under which the SMF operates.
Admission to the course will be restricted to those students who have completed the Student Managed Fund Course with a grade of at least a credit. 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. Students learning occurs through being responsible for managing the SMF and its activities, and undertaking research in order to formulate investment recommendations and design 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. Capacity to apply and communicate the process of managing money in pursuit of investment objectives.
2. Deep understanding of how the fund management industry operates.
3. An extended capacity to communicate and advocate recommendations for action in an applied setting.
4. Ability to operate in a team environment.
5. Ability to supervise and mentor students in the field of fund management.
Indicative Assessment
Assessment will reflect a combination of grades awarded by teaching staff (convenors), feedback from external members of the Investment Advisory Committee, and peer evaluation by other enrolled students. Grades will reflect evaluation of: written research reports and supporting analysis; presentations of investment cases to the enrolled student group and Investment Advisory Committee; teamwork; and contributions to furthering the long-term goals of the SMF. The latter would reflect aspects such as engagement with external parties, effort put into building management processes and infrastructure that support the SMF, and attention to training of students enrolled in Student Managed Fund. Students will be graded on their participation and involvement in SMF group meetings, and engagement with external parties as appropriate.Assessment links to the learning objectives in the following way:
1. Understanding of process of managing money - evaluation of research reports, analysis and presentations
2. Appreciation for how fund management operates - evaluation of research reports, analysis and presentations; participations and involvement and engagement
3. Capacity to communicate and advocate recommendations - evaluation of 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
5. Supervise and mentor students in the field of funds management - evaluation of contribution to supervising and mentoring students in Student Managed Fund; 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 meeting, this time would be spent on activities such as: investment analysis; research into topics related to the management of the fund; preparation of reports and presentations; and communicating and engaging with other students, the convenors, the Investment Committee and external parties.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
Students will be encouraged to maintain their reading of the financial press such as the AFR, as well as any materials on investing, in the transition period between the Student Managed Fund Course, and the Student Managed Fund Extension Course.
Assumed Knowledge
To enrol in this course you must have completed FINM3008; and FINM3009 (in the semester immediately preceding enrolment with a grade of at least a credit).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 |
Course fees
- Domestic fee paying students
| Year | Fee |
|---|---|
| 2018 | $3900 |
- International fee paying students
| Year | Fee |
|---|---|
| 2018 | $5160 |
Offerings, Dates and Class Summary Links
ANU utilises MyTimetable to enable students to view the timetable for their enrolled courses, browse, then self-allocate to small teaching activities / tutorials so they can better plan their time. Find out more on the Timetable webpage.
Class summaries, if available, can be accessed by clicking on the View link for the relevant class number.
First Semester
| Class number | Class start date | Last day to enrol | Census date | Class end date | Mode Of Delivery | Class Summary |
|---|---|---|---|---|---|---|
| 5037 | 19 Feb 2018 | 27 Feb 2018 | 31 Mar 2018 | 25 May 2018 | In Person | N/A |
Second Semester
| Class number | Class start date | Last day to enrol | Census date | Class end date | Mode Of Delivery | Class Summary |
|---|---|---|---|---|---|---|
| 10118 | 23 Jul 2018 | 30 Jul 2018 | 31 Aug 2018 | 26 Oct 2018 | In Person | N/A |
