Course Title: Alternative Securities

Part A: Course Overview

Course Title: Alternative Securities

Credit Points: 12.00

Terms

Course Code

Campus

Career

School

Learning Mode

Teaching Period(s)

BAFI3180

City Campus

Postgraduate

625H Economics, Finance and Marketing

Face-to-Face

Sem 2 2008,
Sem 2 2009,
Sem 2 2010,
Sem 2 2011,
Sem 2 2013,
Sem 2 2014,
Sem 2 2015,
Sem 2 2017,
Sem 1 2018,
Sem 1 2019,
Sem 2 2019,
Sem 1 2020,
Sem 2 2020,
Sem 1 2021,
Sem 2 2021

BAFI3215

Open Learning Australia

Non Award

625H Economics, Finance and Marketing

Distance / Correspondence

OUAS3PG18,
OUAS1PG19,
OUAS3PG19,
OUAS1PG20,
OUAS3PG20,
OUAS2PG21

Course Coordinator: Dr Larry Li

Course Coordinator Phone: +61 3 9925 5638

Course Coordinator Email: larry.li@rmit.edu.au

Course Coordinator Location: Building 80, Level 10, Office 26

Course Coordinator Availability: By appointment, via email


Pre-requisite Courses and Assumed Knowledge and Capabilities

None.


Course Description

The primary objective of this course is to extend students’ basic skills and knowledge of alternative investment by applying these skills to finance and share market-related applications. In particular, this course 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), and why alternative securities can be treated as valuable components in investors’ portfolio. This course assesses new and interesting applications of alternative securities, with significant emphasis on applications relating to portfolio construction and risk management. This course equips students with advanced financial analysis techniques , with a focus on multivariate applications and their advantages over traditional evaluation methods. Extensive consideration will be given to the unique features of alternative securities and the various evaluation methods used to determine the risk and return associated with popular alternative securities.


Objectives/Learning Outcomes/Capability Development

-


On satisfying the requirements for this course, students should have the knowledge and skills to:

CLO1: Examine, compare, and assess return, risk and other relevant characteristics of alternative investments.

CLO2: Analyse and differentiate the role of alternative investments in portfolio management and explore the increasing significance of alternative investments in asset management industry.

CLO3: Propose and measure the risk and performance of a portfolio that includes alternative investments.

CLO4: Appraise and justify due diligence related to alternative investments.

CLO5: Evaluate the real life alternative investments cases with autonomy and expert judgement.


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 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. 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

The assessment tasks, their weighting and the course learning outcomes to which they are aligned are as follows:

Assessment Task 1: 20%
Linked CLOs: 1, 2, 4

Assessment Task 2:
 30%
Linked CLOs: 1, 2, 4, 5

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.