BFC3241 HD (89) Semester Notes Updated 2026

Description

BFC3241 Investments — Complete Study Notes (2026) A comprehensive, exam-ready study guide for Monash University's BFC3241 Investments, rewritten from the ground up in clear, plain-English prose. Each topic leads with the intuition, then builds up the formulas and worked examples so you understand why, not just what. What's included: A prerequisite primer (Topic 0) that recaps the finance fundamentals the unit assumes you already know time value of money, present/future value and compounding, annuities and perpetuities, rates of return, WACC, portfolio weights, the risk–return relationship, diversification, and the three forms of market efficiency so you're not left behind in the first week. Full coverage of all ten topics: Topic 1 — How Markets Work Topic 2 — Portfolio Theory Topic 3 — Asset Pricing Models Topic 4 — Equity Analysis I: Valuation Topic 5 — Equity Analysis II: The Big Picture Topic 6 — Market Efficiency Topic 7 — Behavioural Finance Topic 8 — Investment Vehicles I: Passive Investments Topic 9 — Investment Vehicles II: Active Investments Topic 10 — Portfolio Management: Performance Evaluation The key concepts from the prescribed Bodie, Kane & Marcus (Essentials of Investments) readings, explained in plain language and woven into the relevant topics. Worked examples throughout, fully solved, step-by-step, with the reasoning shown. Typeset formulas with every symbol defined, original diagrams, and a clickable table of contents. Fully up to date for 2026.