Course Title: Alternative Securities

Part A: Course Overview

Course Title: Alternative Securities

Credit Points: 12.00


Course Code




Learning Mode

Teaching Period(s)


City Campus


625H Economics, Finance and Marketing


Sem 2 2008,
Sem 2 2009,
Sem 2 2010,
Sem 2 2011,
Sem 2 2013,
Sem 2 2014,
Sem 2 2015,
Sem 1 2017,
Sem 2 2017,
Sem 1 2018,
Sem 2 2018

Course Coordinator: Dr. Xiaolu Hu

Course Coordinator Phone: +61 3 9925 5729

Course Coordinator Email:

Course Coordinator Location: 080.11.91-006

Course Coordinator Availability: By email

Pre-requisite Courses and Assumed Knowledge and Capabilities


Course Description

In this course you will develop skills and knowledge of alternative investments that are predominantly used in the asset management industry. It provides an in-depth look at risk and return characteristics of various alternative investments including hedge funds, commodities, real estate and private equity (venture capital, leverage buyouts, mezzanine financing and distressed debt). You will also assess the use of alternative investments into mainstream portfolio management strategy.

The course will combine theory with empirical exercises and you will apply analytical skills while exploring complicated issues that are specific to alternative investments. 

Objectives/Learning Outcomes/Capability Development


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

CLO1: Examine and assess return, risk and other relevant characteristics of alternative investments
CLO2: Analyse the role of alternative investments in portfolio management and explore the increasing significance of alternative investments in asset management industry
CLO3: Construct a portfolio that includes alternative investments
CLO4: Understand due diligence related to investing in alternative investments
CLO5: Work and communicate collaboratively in a professional environment

Overview of Learning Activities

In this course you will be encouraged to be an active learner. Your learning will be supported through various activities comprising individual and group work. These may include prescribed and required readings; sourcing, researching and analysing specific information; discussion; producing written work and collaborating with peers on set tasks or projects; exam.

Overview of Learning Resources

Various learning resources are available online through MyRMIT Studies\Canvas. These may include topic notes and slides, a study schedule, assessment details, links to relevant internet information, readings and communication tools to facilitate collaboration with your peers and sharing of 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 and will be made available to you as required during the teaching period.

Overview of Assessment

Assignment 1: 20%
Linked CLOs: 1, 2, 4, 5

Assignment 2:
Linked CLOs: 1, 2, 3, 4, 5

Examination: 50%
Linked CLOs: 1, 2, 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.