is a third-year undergraduate finance course offered at the University of Western Australia (UWA) Business School. It bridges theoretical finance concepts with real-world decision-making, emphasising the application of tools and frameworks to practical problems in corporate finance, investments, and risk management.

| Assessment | Weight | Description | |------------|--------|-------------| | Group case study | 25–30% | Valuing a listed firm or analysing a capital budgeting decision. | | Mid-semester test | 20–25% | Quantitative problems (WACC, NPV, CAPM, FX risk). | | Final exam | 45–50% | Application and short-essay questions based on real scenarios. | | Participation/quizzes | 5–10% | Online quizzes or tutorial engagement. |

: An in-depth study of the hedge fund industry, exploring how they operate, the strategies they use to generate "alpha," and their regulatory environment.

: Understanding hidden risks, leverage, and the impact of liquidity/slippage costs.

| Feature | FINA3322 (Alternatives) | FINA3325 (International Finance) | | | :--- | :--- | :--- | :--- | | Focus | Hedge funds/PE | FX and parity conditions | Total portfolio construction | | Quantitative Rigor | Medium | Medium-High | Very High | | Industry Relevance | Niche (Alternative shops) | Broad (Multinationals) | Universal (AM, WM, IB) | | Group Work Intensity | Low | Low-Medium | Extreme |

, primarily known as Hedge Funds: Strategies, Business Management, and Institutions at institutions like the University of Hong Kong (HKU) , is an advanced finance course designed to bridge the gap between theoretical investment models and the high-stakes reality of the hedge fund industry.

FINA3327 has a reputation for being a "weed-out" class in many business programs. The drop rates can be high, not because the material is impossible, but because it requires a shift in study habits.

Students frequently cite the course’s workload as "brutal," but the pedagogical intent is sound. FINA3327 assumes you already know how to calculate beta, price a bond, or run a regression. Therefore, the course does not re-teach these basics. Instead, it forces you to:

With access to Bloomberg, Reuters, and a dozen data screens, students often over-trade.