UCT BUS4088F-Actuarial Science III: Assets

Course Information
Fourth year status, first semester course, three lectures and three tutorials per week. This course is intended for students in the special field of Quantitative Finance.
Course co-ordinator: Mrs S Ramjee.
Prerequisites:

BUS2024H Actuarial Science I, BUS3026W Finance II, STA3041F Statistics 3041,
STA3043S Statistics 3043, STA3045F Markov Processes and Advanced Time Series, ACC1006F
Financial Accounting, ACC1011S Financial Reporting 1, ECO1010F Microeconomics, ECO1011S
Macroeconomics, BUS4028F Actuarial Science III: Financial Economics (prerequisite/co-requisite).

Course outline:
The aim of this subject is to instil in successful candidates an understanding of the Investment environment and the principles and objectives of investment management. It will also give the candidate mastery of some of the techniques of asset valuation. It comprises the following topics: professionalism, external environment, regulations, stakeholders, providers of benefits, cash flows, money market instruments, bonds, equities, future property options, overseas investments, collective investment vehicles, principal economic influences in investment markets, major investment indices, asset modelling, valuation techniques for inpidual investments and portfolios, asset/liability management.
DP requirements:

Completion and timeous submission of tutorial exercises. Sitting all class tests.
An overall average of 40% for class work.

Assessment:

Tutorials, quizzes and tests 50%
June examinations 1 x 3 hours 50%
No supplementary examinations are awarded for this course.