Security Analysis

Curriculum Guideline

Effective Date:
Course
Discontinued
No
Course Code
FINC 3390
Descriptive
Security Analysis
Department
Finance
Faculty
Commerce & Business Administration
Credits
3.00
Start Date
End Term
201720
PLAR
No
Semester Length
15 Weeks X 4 Hours per Week = 60 Hours
Max Class Size
35
Contact Hours
Lecture: 3 Hours Seminar: 1 Hour Total: 4 Hours
Method Of Instruction
Lecture
Seminar
Methods Of Instruction

Material will be presented within a lecture/discussion/application environment.

Course Description
This course focuses on the analysis of individual equity and fixed income securities using theoretical, fundamental and technical techniques. Major areas covered are capital markets, financing, listing and regulation, the process of investing using stock trading simulation software, equities, fixed income securities, derivatives, market analysis, valuation of securities, portfolio approach to investing, mutual funds, hedge funds, and different types of investment accounts. Credit will not be given for both FINC 3350 and FINC 3390.
Course Content

1. Characteristics, needs, users and sources of investment capital.

2. Structure of capital markets, market efficiency and market indexes.

3. The investment process, types of trades and accounts.

4. Characteristics and types of equities.

5. Principles, features and types of fixed income securities.

6. Warrants, options, futures and forwards.

7. Equity valuation models and techniques.

8. Bond prices, yields and duration.

9. Structure, redemption and regulation of mutual funds and ETFs.

10. Styles, benefits and risks of hedge funds and other specialized products.

11. Portfolio approach to investing.

Learning Outcomes

1. Describe structure of capital markets, market efficiency and financial services industry.

2. List and explain the different types of market indexes.

3. Demonstrate and explain use of different types of trades, margin accounts and short sales.

4. Describe the different types of equity securities

5. Demonstrate features of various types of fixed income securities.

6. List and describe the different types of derivative securities and their features.

7. Demonstrate the different types of valuation models and techniques on equities.

8. Perform bond price, yield and duration calculations.

9. Identify and describe the various types of mutual funds and ETFs, their structures and regulations.

10. Identify and explain the features of hedge funds and other specialized products.

11. Demonstrate the principles and methods which apply to the portfolio approach to investing.

Means of Assessment

Midterm exam(s)    30%- 40%
Term Project          20%-25%
Quizzes                 10%-15%
Final Exam             30%-40%
Total                     100%

Textbook Materials

Jordan, Miller, Dolvin, Yuce, Fundamentals of Investments, McGraw Hill, Latest Edition, or other textbooks determined by the department. Students will be required to purchase and use Stock-Trak software or equivalent.


Only Faculty of Commerce and Business Administration approved calculators may be used for tests and examinations.

Prerequisites

FINC 2340 with a grade of “C” or better, or equivalent

Corequisites

Nil

Equivalencies

Nil

Which Prerequisite

Nil