A combination of lectures, supplementary materials & presentations and class presentations.
- Introduction of the investment environment
- Markets and investment instruments.
- Equilibrium in Capital Markets.
- Active investment management, active portfolio management, and performance measurement.
- How securities are traded.
- Introduction of portfolio management.
- Concepts and issues of return, risk, and risk aversion.
- Capital allocation between the risk assets and risk-free assets.
- Optimal risk portfolios.
- Index Models and the Arbitrage Pricing Theory.
- International investment.
- Fixed income securities and portfolio management.
- Equities and security analysis.
- Technical analysis.
- Option valuation.
- Futures and forward markets.
At the end of the course, the student should be able to:
- describe the investment environment and the capital markets;
- analyze risky and risk-free investment options and the performance measurement models;
- describe the features of bonds, debentures, common and preferred shares;
- evaluate and describe concepts of portfolio return, portfolio risk and risk-aversion strategies;
- describe strategies for optimal mix portfolios, capital allocation for portfolio mix;
- evaluate portfolio returns of a small, active portfolio;
- explain financial derivates and how they are used in portfolio management;
- conduct an actual Fundamental and Technical Analysis on a given portfolio of capital assets;
- perform Charting Methods on Dow Jones buy and sell signals.
|Midterm exams: (2)||40%|
|Term Case Presentation||20%|
Textbooks and Materials to be Purchased by Student
Bodie, Kane, Marcus, Perrakis, Ryan. Investments: Canadian Edition (Latest Edition). Irwin Publishing