Module Details

Module Code: FINA8006
Title: Investment Management
Long Title: Investment Management
NFQ Level: Advanced
Valid From: Semester 1 - 2016/17 ( September 2016 )
Duration: 1 Semester
Credits: 5
Field of Study: 3430 - Banking, Finance and Investment
Module Delivered in: 2 programme(s)
Module Description: This module covers investment management, investment risk, portfolio management, fund management, behavioural issues, investment methodology.
 
Learning Outcomes
On successful completion of this module the learner will be able to:
# Learning Outcome Description
LO1 Describe investment risk and apply portfolio theory to the management of risk
LO2 Apply the Capital Asset Pricing Model to investment decisions
LO3 Develop investment recommendations for the on-going management of a financial portfolio.
LO4 Discuss the behavioural issues involved in investment decisions
LO5 Suggest an investment strategy given client objectives
Dependencies
Module Recommendations

This is prior learning (or a practical skill) that is strongly recommended before enrolment in this module. You may enrol in this module if you have not acquired the recommended learning but you will have considerable difficulty in passing (i.e. achieving the learning outcomes of) the module. While the prior learning is expressed as named MTU module(s) it also allows for learning (in another module or modules) which is equivalent to the learning specified in the named module(s).
Incompatible Modules
These are modules which have learning outcomes that are too similar to the learning outcomes of this module. You may not earn additional credit for the same learning and therefore you may not enrol in this module if you have successfully completed any modules in the incompatible list.
No incompatible modules listed
Co-requisite Modules
No Co-requisite modules listed
Requirements

This is prior learning (or a practical skill) that is mandatory before enrolment in this module is allowed. You may not enrol on this module if you have not acquired the learning specified in this section.
No requirements listed
 
Indicative Content
Risk and portfolios
Risk and risk premium, capital allocation/capital market line, markowitz portfolio selection models, capital asset pricing model, market portfolio & risk premium, security market line.
Economic and industry analysis
Global & domestic economy, business cycle & economic indicators, phases of economic & investment cycles, growth & inflation, speulative excess, industry analysis, use of valuation models.
Fund management
Efficient Market Hypothesis, Key elements of fund management firms, investment style, passive & active fund management, value & growth managers, client requirements & investment decision making.
Behavioural Issues
Understanding rationality in decision making, biases and emotions, importance of method.
Module Content & Assessment
Assessment Breakdown%
Coursework40.00%
End of Module Formal Examination60.00%

Assessments

Coursework
Assessment Type Written Report % of Total Mark 40
Timing Week 6 Learning Outcomes 1,2,3,5
Assessment Description
group case study or project (with quantitative component) e.g. portfolio optimisation using spreadsheet models.
End of Module Formal Examination
Assessment Type Formal Exam % of Total Mark 60
Timing End-of-Semester Learning Outcomes 1,2,3,4,5
Assessment Description
End-of-Semester Final Examination
Reassessment Requirement
Repeat examination
Reassessment of this module will consist of a repeat examination. It is possible that there will also be a requirement to be reassessed in a coursework element.

The University reserves the right to alter the nature and timings of assessment

 

Module Workload

Workload: Full Time
Workload Type Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact course content Every Week 2.00 2
Tutorial Contact question and answer sessions Every Week 1.00 1
Independent & Directed Learning (Non-contact) Non Contact study Every Week 4.00 4
Total Hours 7.00
Total Weekly Learner Workload 7.00
Total Weekly Contact Hours 3.00
Workload: Part Time
Workload Type Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact lecture Every Week 2.00 2
Independent & Directed Learning (Non-contact) Non Contact Study Every Week 5.00 5
Total Hours 7.00
Total Weekly Learner Workload 7.00
Total Weekly Contact Hours 2.00
 
Module Resources
Recommended Book Resources
  • O'Brien, O'Loughlin. (2011), Fundamentals of Investment, 2nd. all, Gill MacMIllan, Dublin, [ISBN: 978071714978].
  • Pike, Neale. (2011), Corporate Finance and Investment, 7th. FT Prentice Hall, London, [ISBN: 978027376346].
  • John Downes, Jordan Elliot Goodman. (2010), Dictionary of finance and investment terms, all, Barron's Educational Series, Hauppauge, N.Y., [ISBN: 0764107909].
  • R Steiner. (2012), Mastering Financial Calculations, 3rd. Pearson, [ISBN: 9780273750581].
Supplementary Book Resources
  • Bodie, Kane, Marcus. (2011), Investments, 10th. McGraw-Hill Irwin, Boston, [ISBN: 978007786167].
  • J Montier. (2009), Value Investing, 1st. Wiley, [ISBN: 9780470683590].
Recommended Article/Paper Resources
This module does not have any other resources
 
Module Delivered in
Programme Code Programme Semester Delivery
CR_BBUSS_8 Bachelor of Business (Honours) 2 Elective
CR_BACCT_8 Bachelor of Business (Honours) in Accounting 8 Group Elective 2