On-campus & remote (online) learning available. Students participate in interactive, real-time classes. The 2024 dates July 22,29 & Aug 5,12,19 & 26
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:
- Understand and critically engage with modern finance theory.
- Demonstrate a comprehensive understanding of concepts in financial economics.
- Apply asset pricing techniques to real-world data sets.
- Demonstrate proficiency in interpreting the results of empirical analyses.
- Understand the strengths and limitations of empirical methods for analysing financial investments.
Indicative Assessment
- Problem set 1 (25) [LO 1,2,3,4]
- Problem set 2 (25) [LO 1,2,3,4]
- 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
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 |
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.