- Course Code
- PO 4002
- Credit Points
- 30
- Course Coordinator
- Dr R Schulz
Pre-requisites
PO 2501 or EC 2002 or AC 2026. Available to students in Programme Year 4 only.
Overview
This course examines theories and issues relevent to investment in property in the contexts of both mixed-asset and property portfolios. Themes include risk and return; the application of Modern Portfolio Theory (including the Capital Asset Pricing Model, capital market line) and security market line; market efficiency and the implications for investors; risk and duration; property market modelling and forecasting. Drawing these themes together, benchmarking and property portfolio strategy and management are examined in the context of practical examples.
Structure
2 one-hour lectures per week and a total of 5 one-hours tutorials/seminars.
Assessment
1st Attempt: 1 two-hour written examination (60%) and in-course assessment (40%).
Resit (for Honours students only): Candidates achieving a CAS mark of 6-8 may be awarded compensatory level 1 credit. Candidates achieving a CAS mark of less than 6 will be required to submit themselves for re-assessment and should contact the Course Co-ordinator for further details.