• Offered by Crawford School of Public Policy
  • ANU College ANU College of Asia and the Pacific
  • Course subject International and Developmental Economics
  • Areas of interest Economics
  • Academic career PGRD
  • Course convener
    • Prof Warwick McKibbin
  • Mode of delivery Online or In Person
  • Offered in Winter Session 2024
    See Future Offerings

On-campus & remote (online) learning available. Students participate in interactive, real-time classes. The 2024 dates are July 22, 29 & Aug 5, 12,19.

This course introduces modern finance theory, including theories of optimal asset allocation, the capital asset pricing model, arbitrage pricing theory, the efficient market hypothesis, and event studies. The course also explores empirical implications of modern finance theory, including for asset returns. Students will use real-world data and programs such as Excel and EViews to carry out econometric investigations of the application of modern finance theory.

Learning Outcomes

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

  1. Understand and critically engage with modern finance theory.
  2. Demonstrate a comprehensive understanding of concepts in financial economics.
  3. Apply asset pricing techniques to real-world data sets.
  4. Demonstrate proficiency in interpreting the results of empirical analyses.
  5. Understand the strengths and limitations of empirical methods for analysing financial investments.

Indicative Assessment

  1. Problem set 1 (25) [LO 1,2,3,4]
  2. Problem set 2 (25) [LO 1,2,3,4]
  3. Final examination (50) [LO 1,2,4,5]

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

The standard workload for a 6 unit course is 130 hours including in class time and independent study.

Inherent Requirements

None

Requisite and Incompatibility

To enrol in this course you must have completed IDEC8015 or equivalent.

Prescribed Texts

Bodie, Z., Kane, A. and Marcus, A.J. 2021, Investments, 12th ed., McGraw Hill.

Assumed Knowledge

Mathematics skills in algebra and calculus are assumed.

Fees

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

Commonwealth Support (CSP) Students
If you 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). More information about your student contribution amount for each course at Fees

Student Contribution Band:
34
Unit value:
6 units

If you are a domestic graduate coursework student with a Domestic Tuition Fee (DTF) place or international student you will be required to pay course tuition fees (see below). Course tuition fees are indexed annually. Further information for domestic and international students about tuition and other fees can be found 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 Description
2024 $4680 Standard Rate
2024 $3720 Grandfathered Rate*

*continuing students in nominated programs only. See fee website

International fee paying students
Year Fee
2024 $6000
Note: Please note that fee information is for current year only.

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.

The list of offerings for future years is indicative only.
Class summaries, if available, can be accessed by clicking on the View link for the relevant class number.

Winter Session

Class number Class start date Last day to enrol Census date Class end date Mode Of Delivery Class Summary
On Campus
6535 22 Jul 2024 09 Aug 2024 09 Aug 2024 25 Oct 2024 In Person N/A
Online
6536 22 Jul 2024 09 Aug 2024 09 Aug 2024 25 Oct 2024 Online N/A

Responsible Officer: Registrar, Student Administration / Page Contact: Website Administrator / Frequently Asked Questions