Portfolio Management

Commerce & Business Administration
Course Code
FINC 4440
Semester Length
15 Weeks X 4 Hours per Week = 60 Hours
Max Class Size
Method Of Instruction
Typically Offered
To be determined


Course Description
This course will integrate concepts and theories studied to date and develop the foundations of portfolio management. Topics to be covered include efficient markets, systematic and unsystematic risk, diversification, the capital asset pricing model, portfolio selection, index and mutual funds, and risk management.
Course Content
  1. The efficient markets hypothesis.
  2. Systematic and unsystematic risk.
  3. Diversification.
  4. Leverage.
  5. Market efficiency.
  6. The Mean-Variance criterion.
  7. The efficient frontier.
  8. The Capital Asset Pricing Model.
  9. Portfolio selection.
  10. Beta coefficient.
  11. Mutual funds performance.
  12. Index funds.
  13. International portfolios.
  14. Risk management, the use of options.
Methods Of Instruction

Material will be presented within a lecture format.

Means of Assessment

Minimum of 3 evaluations, none of which will exceed 40%, for a total of 100%.

Learning Outcomes

At the end of the course, the successful student should be able to:


  1. Differentiate between systematic and unsystematic risk.
  2. Analyze the risk/return criterion and apply it to security/portfolio selection.
  3. Explain the relationship between selected portfolios and the market portfolio and apply computer algorithms to examine the relationship.
  4. Assess mutual fund performance relative to the market.
  5. Explain the composition and limitations of various index funds and indexes.
  6. Develop risk management techniques through international diversification and the use of options.
  7. Examine the limitations and weaknesses of the various theories and models.
Textbook Materials

Textbooks and Materials Purchased by Students


As chosen by the instructor from:

C       Bodie et al.  Investments, Latest Canadian Ed.  McGraw-Hill Ryerson.


C       Reilly, F. & K. Brown.  Investment Analysis:  Portfolio Management, Latest Ed.  Thompson-South-Western.


C       Radcliffe, R.  Investment Concepts Analysis Strategy, Latest Ed.  Addison-Wesley.


C       Haugen, Robert A.  Modern Investment Theory, Latest Ed.  Prentice Hall.





No equivalent courses.

Requisite for

This course is not required for any other course.

Course Guidelines

Course Guidelines for previous years are viewable by selecting the version desired. If you took this course and do not see a listing for the starting semester / year of the course, consider the previous version as the applicable version.

Course Transfers

Institution Transfer Details Effective Dates
Langara College (LANG) LANG BUSM 2XXX (3) 2009/01/01 to -

Course Offerings

Fall 2020

There aren't any scheduled upcoming offerings for this course.