Vincent C S Lee
Contact hours: 11:00 am to 1:00 pm, Tuesday
Associate Professor Vincent Cheng-Siong Lee
Phone: +61 3 990 52360
Fax: +61 3 990 55159
Contact hours: 11:00 am to 1:00 pm, Tuesday
Lecturer and Tutor: firstname.lastname@example.org.
Tutor : email@example.com
Welcome to FIT3051 Decision Support System for Finance. This 6 point unit is elective to all undergraduate degree programs in the Faculty of IT. The unit has been designed to provide you with an understanding of multicriteria decision analysis for finance with selected IT tool for multi- class assets, the contexts within which information technologies are used, and the IT professions. It explores many aspects of IT with emphasis on the relationship between theoretical knowledge and its practical application using cases and real examples.
You will need to allocate up to 5 hours per week in some weeks, for use of a computer, including time for newsgroups/discussion groups.
Lectures and tutorials (hands on)
For information on timetabling for on-campus classes please refer to MUTTS, http://mutts.monash.edu.au/MUTTS/
On-campus students should register for tutorials/laboratories using the Allocate+ system: http://allocate.its.monash.edu.au/
|1||19/07/10||Fundamentals to decision making in finance|
|2||26/07/10||Discounted cash Flows and time value of value|
|3||02/08/10||Analysis of financial statement using ratios|
|4||09/08/10||Multicriteria decision support framework (AHP)|
|5||16/08/10||Application of AHP to finance decision support (work example)||Assignment 1 due - 4:00 pm Thursday 12 Aug, 2010|
|6||23/08/10||Risk-return and investment portfolio issues -I|
|7||30/08/10||Risk-return and investment portfolio issues-II|
|8||06/09/10||Using AHP for investment portfolio decision -I|
|9||13/09/10||Using AHP for investment portfolio decision -II|
|10||20/09/10||Investment portfolio review and management-I|
|Mid semester break|
|11||04/10/10||Investment portfolio review and management - II|
|12||11/10/10||Intelligent decision support systems for finance||Assignment 2 due - 4:00 pm Thursday 14 Oct, 2010|
*Please note that these dates may only apply to Australian campuses of Monash University. Off-shore students need to check the dates with their unit leader.
Some modifications on assessment criteria. There are two assignments - one individual assignment and one group assignment, and no class test.
Bringham E F & Ehrhardt M C (2008), "Finance Management" (12th edition), ISBN-13:978-0-324-42269-6, Thomson South-western.
Text books are available from the Monash University Book Shops. Availability from other suppliers cannot be assured. The Bookshop orders texts in specifically for this unit. You are advised to purchase your text book early.
Lectuer's issued notes and published articles.
Charnes, J (2007),Financial modelling with crystal Ball and Excel+Companion web site , ISB 13: 978-0-471-77972-8, John Wiley
Excel spread sheet and Crystal Ball software, Expert Choice, or Matlab, or JAVA (JADE)
Students studying off-campus are required to have the minimum system configuration specified by the Faculty as a condition of accepting admission, and regular Internet access. On-campus students, and those studying at supported study locations may use the facilities available in the computing labs. Information about computer use for students is available from the ITS Student Resource Guide in the Monash University Handbook. You will need to allocate time per week for use of a computer, including time for newsgroups/discussion groups.
Study resources we will provide for your study are:Weekly detailed lecture notes outlining the learning objectives, discussion of the content, required readings and exercises; Weekly tutorial or laboratory tasks and exercises with sample solutions provided one to two weeks later; Assignment specifications and sample solutions; A sample examination and suggested solution Access to past examination papers; Discussion groups; This Unit Guide outlining the administrative information for the unit; The unit web site is Moodle on MUSO, where resources outlined above will be made available
To pass a unit which includes an examination as part of the assessment a student must obtain:
If a student does not achieve 40% or more in the unit examination or the unit non-examination total assessment, and the total mark for the unit is greater than 50% then a mark of no greater than 49-N will be recorded for the unit.
One individual assignment (15%)
One group assignment (20%)
Tute/lab participation (5%)
Final closed book written examination (60%) - Multiple choice questions plus short/long answers
Assignment coversheets are available via "Student Forms" on the Faculty website: http://www.infotech.monash.edu.au/resources/student/forms/
You MUST submit a completed coversheet with all assignments, ensuring that the plagiarism declaration section is signed.
Assignment submission and return procedures, and assessment criteria will be specified with each assignment.
Assignment submission and preparation requirements will be detailed in each assignment specification. Submission must be made by the due date otherwise penalties will be enforced. You must negotiate any extensions formally with your campus unit leader via the in-semester special consideration process: http://www.infotech.monash.edu.au/resources/student/equity/special-consideration.html.
This individual assignment will be based on computational questions using financial ratios and associated company specific factors. Criteria to be used are:
1) Investment portfolio formulation methods (30%)
2) Solution to investment portfolio to obtain optimum asset class allocation (30%)
3) Discussion with interpretation of results and their implications (30%)
4) Conclusion and recommendation of issues for further investigations.(10%)
The report will be graded according to the following criteria:
Please make every effort to submit work by the due dates. It is your responsibility to structure your study program around assignment deadlines, family, work and other commitments. Factors such as normal work pressures, vacations, etc. are not regarded as appropriate reasons for granting extensions. Students are advised to NOT assume that granting of an extension is a matter of course.
Students requesting an extension for any assessment during semester (eg. Assignments, tests or presentations) are required to submit a Special Consideration application form (in-semester exam/assessment task), along with original copies of supporting documentation, directly to their lecturer within two working days before the assessment submission deadline. Lecturers will provide specific outcomes directly to students via email within 2 working days. The lecturer reserves the right to refuse late applications.
A copy of the email or other written communication of an extension must be attached to the assignment submission.
Refer to the Faculty Special consideration webpage or further details and to access application forms: http://www.infotech.monash.edu.au/resources/student/equity/special-consideration.html
Unless written approval is given by the lecturer, assignments received later than one working day after the due date will not be accepted and graded.
Students can expect assignments to be returned within two weeks of the submission date or after receipt, whichever is later.
Types of feedback you can expect to receive in this unit are:
Informal feedback on progress in labs/tutes
Graded assignments with comments
Test results and feedback
Please visit the following URL: http://www.infotech.monash.edu.au/units/appendix.html for further information about: