Course Title: Fixed Income Securities and Credit Analysis

Part A: Course Overview

Course Title: Fixed Income Securities and Credit Analysis

Credit Points: 12.00

Important Information:  




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 2018,
Sem 2 2018,
Sem 1 2019,
Sem 2 2019,
Sem 1 2020,
Sem 2 2020,
Sem 1 2021,
Sem 2 2021,
Sem 1 2022,
Sem 2 2022,
Sem 1 2023,
Sem 2 2023,
Sem 1 2024


Singapore Inst of Management


625H Economics, Finance and Marketing


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


Open Learning Australia

Non Award

625H Economics, Finance and Marketing

Distance / Correspondence


Course Coordinator: Associate Professor Daisy Chou

Course Coordinator Phone: +61 3 99258978

Course Coordinator Email:

Course Coordinator Location: Melbourne Campus, Building 80, Level 10

Course Coordinator Availability: By appointment via email only

Pre-requisite Courses and Assumed Knowledge and Capabilities



Course Description

This course introduces you to fixed income securities and the markets they operate in. It provides you with the knowledge and skills in the theoretical and practical aspects of fixed income securities, their valuation, risk assessment and performance assessment. In this course you will apply finance theories and tools, analyse and evaluate relationships between risk and return, and create strategies to construct, manage and assess performance of 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 their respective markets.
CLO2: Apply finance theories and tools to value different types of fixed income securities.
CLO3: Analyse the relationship between interest rate risk and return and understand credit risk analysis for fixed income securities.
CLO4: Evaluate the link between institutional liabilities and portfolio selection and identity practical applications and management strategies including interest rate immunisation.
CLO5: Create strategies to construct, manage and assess performance of 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; simulations, 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\Canvas. The lecture notes and workshop notes are posted on Canvas.

Resources are also available online through RMIT Library databases and other facilities. Visit the RMIT library website for further details. Assistance is available online via our chat and email services, face to face at our campus libraries or via the telephone on (03) 9925 2020.

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

For students who commenced the course on or after 1 March 2021:

Assessment Task 1: 15%
Linked CLOs: 1, 2

Assessment Task 2: 35%
Linked CLOs: 2, 3, 4, 5

Assessment Task 3:50%
Linked CLOs: 1, 2, 3, 4, 5

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.