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

Course Coordinator: Dr Caroline Chen

Course Coordinator Phone: +61 3 9925 5073

Course Coordinator Email:

Course Coordinator Location: Building 80 Level 10

Pre-requisite Courses and Assumed Knowledge and Capabilities


Course Description

In this course you will develop skills and knowledge of alternative securities that are predominantly used in the asset management industry. It provides an in-depth look at risk and return characteristics of various alternative securities including, private equity, real estate, commodities, leveraged buy outs (LBOs), hedge funds and venture capital funds. You will also assess the use of alternative assets 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 assets. You will have the opportunity to gain insight from visiting industry lectures and practitioners on the practice of alternative securities management.

Objectives/Learning Outcomes/Capability Development


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

CLO1: Examine and assess return and risk characteristics of alternative securities
CLO2: Compare and evaluate how information asymmetry and market efficiency play an important role in the creation of various alternative securities methods
CLO3: Analyse the role of alternative securities in portfolio management and explore the increasing significance of alternative securities in asset management industry
CLO4: Review and evaluate compliance and due diligence related to investing in alternative securities
CLO5: Critically assess and apply professional and ethical standards of the alternative securities industry

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. 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

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

Assessment Task 1: 30%
Linked CLOs: 1, 3, 4

Assessment Task 2: 20%
Linked CLOs: 1, 2, 3

Assessment Task 3: 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.