BF004_Portfolio Management

BF_004

Banking Program Portfolio Management Syllabus, Texts and Study Programme

Course Summary

The course blends practical and theoretical coverage of portfolio management and investments. The students will get knowledge of portfolio theory and various investment strategies and models.

Expected Outcome / Learning

At the end of this course, students will know how investment portfolios are created and evaluated. More specifically they will be able to:

-       Understand and implement various portfolio strategies

-       Organize and manage investment portfolio.

-       Make effective investment decisions.

-       Provide proper investment analysis, develop effective investment strategy.

Required Textbook

Zvi Bodie, Alex Kane, Alan J. Marcus,  Investments, 9th Edition, 2011, McGraw Hill, ISBN-13 9780073530703

http://catalogs.mhhe.com/mhhe/viewProductDetails.do?isbn=0073530700

Students must maintain the readings, discussion participation, quizzes and assignments to obtain a passing grade in the course.  To obtain a superior grade, students must demonstrate a high degree of quality in their work.

IMPORTANT

PLEASE NOTE THAT PLAGIARISM (copying other writers' text without due citation or recognition) WILL NOT BE TOLERATED.  Plagiarism is equal to cheating in exams as it means "stealing" solutions to problems, ideas or written text from other people and pretending they are your own.  Students caught committing these forms of cheating will be subject to course failure and will be reported to the Dean of the University.  Two instances of cheating or plagiarism will be cause for academic suspension.

For information on what plagiarism is and how to avoid it, please read the pages 41 and 41 in the book: TURABIAN, Kate L., A Manual for Writers of Research Papers, Theses, and Dissertations, Chicago Style for Students and Researchers, 7th Edition, The University of Chicago Press, 2007.

COURSE SCHEDULE

Module 1
Description	Introduction:-        The Investment Environment -        Asset Classes and Financial Instruments -        How Securities are Traded -        Mutual Funds and Other Investment Companies
Read
Prepare
Module 2
Description	Portfolio Theory and Practice -        Introduction to Risk, Return, and the Historical Record -        Risk Aversion and Capital Allocation to Risky Assets
Read
Prepare
Module 3
Description	Portfolio Theory and Practice -        Optimal Risky Portfolios -        Index Models
Read
Prepare
Module 4
Description	Equilibrium in Capital Markets -        The Capital Asset Pricing Model -        Arbitrage Pricing Theory and Multifactor Models of Risk and Return -        The Efficient Market Hypothesis
Read
Prepare
Module 5
Description	Equilibrium in Capital Markets -        Behavioral Finance and Technical Analysis -        Empirical Evidence on Security Returns
Read
Prepare
Module 6
Description	Applied Portfolio Management -        Portfolio Performance Evaluation -        International Diversification -        Hedge Funds
Read
Prepare
Module 7
Description	Applied Portfolio Management -        The Theory of Active Portfolio Management -        Investment Policy and the Framework of the CFA Institute
Read
Prepare
Module 8
Description	Final Exam
Read
Prepare