Course Description
Survey of the theory and practice of investment management in highly competitive capital markets. The course is organized into modules covering the following concepts in investment management: derivative securities, fixed income securities, modern portfolio theory, asset pricing models, market efficiency, limits to arbitrage, and portfolio performance evaluation.
Athena Title
INVESTMENTS
Equivalent Courses
Not open to students with credit in FINA 8300
Prerequisite
FINA 7010
Semester Course Offered
Offered every year.
Grading System
A - F (Traditional)
Course Objectives
To expose the student to an analytical treatment of investment theory, including the concepts of portfolio management and valuation. The course includes a study of the role of risk in asset pricing, the implications of asset-pricing models, and the application of these asset-pricing models to real data. The efficient markets hypothesis and analysis of fixed-income securities will also be discussed.
Topical Outline
Financial Modeling / Excel skills • Stock Track • Securities markets • Introduce derivatives (details in derivatives) • Fixed Income • Portfolio Theory • Asset Pricing Models (CAPM in core) • Market efficiency/ anomalies • Advanced portfolio management • International portfolio management • Alternative Investments
Syllabus