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FIN203 Fundamentals of Equity Markets

This subject introduces the sharemarket and equity as an asset class. How shares are traded and the sectors of the Australian sharemarket are examined including industrial, resources and mi-small capitalised companies. Shares as an investment will be assessed including the economic factors that influence the equity markets and the sharemarket research available, with a view to formulating an investment recommendation. In addition, students will gain an understanding of other products traded on the Australian Securities Exchange.

This subject contributes to the financial markets major.

For more information, please refer to the subject outline for:

  • Learning outcomes
    • Study Period 5 2017

      At the completion of this subject students should be able to:

      1. Explain the structure and operation of the global equity market.
      2. Explain how shares are traded on the Australian Securities Exchange.
      3. Analyse key sectors within the Australian equities market including industrial, resources and mid-small capitalised companies.
      4. Evaluate the economic factors that influence the sharemarket.
      5. Formulate an investment recommendation based on the analysis of a listed company’s operational and financial performance.
      6. Assess sharemarket information including brokers reports, market indices and economic research and integrate into investment decision
      7. Analyse other types of products that are traded on the Australian Securities Exchange.

       

      From Study Period 6 2017 onwards

      At the completion of this subject students should be able to:

      1. Explain the structure and operation of the global equity market.
      2. Explain how shares are traded on the Australian Securities Exchange.
      3. Analyse key sectors within the Australian equities market including industrial, resources and mid-small capitalised companies.
      4. Evaluate the economic factors that influence the sharemarket.
      5. Formulate an investment recommendation based on the analysis of a listed company’s operational and financial performance.
      6. Assess sharemarket information including brokers reports, market indices and economic research and integrate into investment decision
      7. Analyse other types of ASX-traded products and equity derivatives.
  • Subject content
    • Study Period 5 2017

      Topic Title
      Topic 1 Introduction to the sharemarket
      Topic 2 Classifying listed companies and indices
      Topic 3 Commodity companies
      Topic 4 Mid-small cap companies
      Topic 5 Sharemarket trading
      Topic 6 Economic factors influencing sharemarkets
      Topic 7 Investing in shares
      Topic 8 Sharemarket research
      Topic 9 Other securities traded on the ASX

       

      From Study Period 6 2017 onwards

      Topic Title
      Topic 1 Introduction to the sharemarket
      Topic 2 Classifying listed companies and indices
      Topic 3 Commodity companies
      Topic 4 Mid-small cap companies
      Topic 5 Sharemarket trading
      Topic 6 Economic factors influencing sharemarkets
      Topic 7 Investing in shares
      Topic 8 Sharemarket research
      Topic 9 Other securities listed on the Australian Securities Exchange
      Topic 10 Introduction to equity derivatives
  • Assessment
  • Prerequisites
    • Students enrolling in a Masters level elective subject are assumed to have the pre-requisite knowledge in the four core subjects (FIN101, FIN102, FIN103 and FIN114 (for students enrolled before 2014).

  • Reading list
    • Prescribed text

      • Kidman, M 2012, Bulls, Bears & a Croupier, John Wiley & Sons Australia, Milton, Qld. ISBN 9780730377559

      Available through EBSCO online (via Kaplan library page) or can be borrowed in hardcopy from the Kaplan library. Details of required and further reading are provided in the subject room.