Investment Analysis and Management
Gold Coast, Australia
Area of Study
Finance, Financial Management, Management Science
Taught In English
Prerequisites: 1101AFE Accounting Principles AND 2201AFE Corporate Finance Incompatible: Investment Analysis & Management; 2280AFE Investment Planning.
Course Level Recommendations
ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.
Recommended U.S. Semester Credits3 - 4
Recommended U.S. Quarter Units4 - 6
Hours & Credits
This course has a prerequisite requirement which means you MUST successfully complete the listed course or requirement/s BEFORE enrolling in this course. If you have enrolled in the course without meeting this requirement you MUST WITHDRAW immediately or contact the Program Director if you believe you have extenuating circumstances. It is our experience that students who have not completed the prerequisite course struggle to complete the course and often Fail as a result. It is your responsibility to have any Transfer Credit appearing on your academic transcript before enrolling. In the past several decades, the field of investment analysis has evolved from a descriptive process to a highly formalised and quantitative area of study. The rapidly changing financial environment and the number of new instruments available have made analysis a task which can only be carried out by persons who have been equipped with updated skills. This course studies the controversial issues and the current advances in the analysis of international capital markets, and presents a range of analytical techniques. Investment analysis and management is important to both individuals who manage their own personal investments and investment managers who invest on behalf of their clients or companies. The course aims to consolidate the investment theories to make informed decisions.
The Global Financial Crisis has recently proved to us once again how important is a sound and comprehensive analysis when investment decisions are made. The course teaches students the fundamentals of investment process with particular emphasis on equity and fixed income valuations. The course is taught in the international context with references to US and other countries' practices and products.
Investment Analysis & Management aims to assist students to:
- Understand the nature and operation of global capital markets.
- Understand the theoretical underpinnings of investment analysis.
- Understand the procedures involved in analysing investment alternatives in the face of uncertain outcomes.
- Develop the ability to apply the theoretical constructs and respond rationally to the volatility of financial markets.
- Explore current practice in the investment and financial services industry.
Interrelationship of the Course with other Courses and the Program
Finance courses have their basis in economic theory, from which develops the theory of the firm and the principles of corporate finance and accounting. Resting on the top of this structure is Investment Analysis, which makes use of the tools provided by the prior courses to analyse and select assets, which represent efficient and rewarding investment opportunities.
Investment Analysis & Management is complemented with third-year course - Portfolio Management, which considers, quantitatively and in depth, the issues involved in combining the individual assets into optimal portfolios and the ongoing management of such portfolios. The two subjects are run using the same text, virtually as a single full-year course.
After successfully completing this course you should be able to:
1 Have gained an understanding of both the theoretical and practical components used in investment analysis.
2 Have gained an appreciation and understanding of the key principles of investment analysis using a fundamental approach
3 How to appraise a company's performance using economic, industry and company data, together with key ratio analysis, financial statements, and consensus data.
4 Have a sound understanding of technical analysis and bond analysis
5 Have gained a balanced appreciation of the range of issues covered in investment analysis
6 Appreciate an importance of ethical behaviour in Investment profession
7 Make a short presentation on a Finance-related topic
Test or quiz - Mid Semester Test 15%/15
Presentation - technical or professional - Individual Presentation 10%/10
Test or quiz - Investment Analysis Case Study Exam 25%/100
Exam - selected and constructed responses - Final Exam 50%/100
Courses and course hours of instruction are subject to change.
Eligibility for courses may be subject to a placement exam and/or pre-requisites.
Credits earned vary according to the policies of the students' home institutions. According to ISA policy and possible visa requirements, students must maintain full-time enrollment status, as determined by their home institutions, for the duration of the program.