Course Title: Fixed Income Securities and Credit Analysis

Part A: Course Overview

Course Title: Fixed Income Securities and Credit Analysis

Credit Points: 12.00

Course Code




Learning Mode

Teaching Period(s)


City Campus


625H Economics, Finance and Marketing


Sem 1 2006,
Sem 2 2006,
Sem 1 2007,
Sem 2 2007,
Sem 1 2008,
Sem 2 2008,
Sem 1 2009,
Sem 2 2009,
Sem 1 2010,
Sem 2 2010,
Sem 1 2011,
Sem 2 2011,
Sem 1 2012,
Sem 2 2012,
Sem 1 2013,
Sem 2 2013,
Sem 1 2014,
Sem 2 2014,
Sem 1 2015,
Sem 2 2015,
Sem 1 2016,
Sem 2 2016,
Sem 1 2017


Singapore Inst of Management


625H Economics, Finance and Marketing


Offsh 1 10,
Offsh1 12,
Offsh1 13,
Offsh3 14

Course Coordinator: Dr Stuart Thomas

Course Coordinator Phone: +61 3 9925 5773

Course Coordinator Email:

Pre-requisite Courses and Assumed Knowledge and Capabilities


Course Description

This course introduces you to the financial world of fixed income securities and their markets. It provides you with the knowledge and skills in the theoretical and practical aspects of fixed income investment. In this course you will apply various finance theories and tools, analyse and evaluate relationships between risk and return, and create strategies to construct, manage and assess performance of money markets and fixed income security portfolios.

Objectives/Learning Outcomes/Capability Development


On successful completion of this course you will be able to:

CLO1: Examine and classify various fixed income securities and money markets and fixed income security markets
CLO2: Apply finance theories and tools to value different types of fixed income securities.
CLO3: Analyse the relationship between risk and return for money markets and discuss the role of fixed income securities in portfolio construction and their market operations.
CLO4: Evaluate the link between institutional liabilities and the portfolio selection and identify practical applications including management strategies and interest rate immunization.
CLO5: Create strategies to construct, manage and assess performance of money markets and fixed income security portfolios.

Overview of Learning Activities

In this course you will be encouraged to be an active learner. Your learning will be supported through various in-class and online activities comprising individual and group work. These may include quizzes; assignments; prescribed readings; sourcing, researching and analysing specific information; solving problems; conducting presentations; producing written work and collaborating with peers on set tasks or projects.

Overview of Learning Resources

Various learning resources are available online through myRMIT Studies\Blackboard. In addition to topic notes; assessment details and a study schedule you may also be provided with links to relevant online information; readings; audio and video clips and communication tools to facilitate collaboration with your peers and to share information.
Resources are also available online through RMIT Library databases and other facilities. If you require assistance with the RMIT library facilities contact the Business Liaison Librarian for your school. Contact details for Business Liaison Librarians are located online on the RMIT Library website.
Additional resources and/or sources to assist your learning will be identified by your course coordinator will be made available to you as required during the teaching period.

Overview of Assessment

The assessment alignment list below shows the assessment tasks against the learning outcomes they develop.

Assessment Task 1: 20%
Linked CLOs: 1, 2, 3
Assessment Task 2: 30%
Linked CLOs: 2, 3, 4, 5
Final Examination: 50%
Linked CLOs: 1, 2, 3, 4

Feedback will be provided throughout the semester in class and/or in online forums through individual and group feedback on practical exercises and by individual consultation.