__ FIN3711 Investment
Prerequisite
Course Description
The course covers the features and trading methods of the securities markets, the analysis of risk and return in the context of formal pricing models such as the Capital Asset Pricing Model and the Arbitrage Pricing Theory. The course also includes basic techniques of securities valuation and management of securities in a portfolio context, analysis of bonds, duration, and convexity, valuation of stocks using models such as discounted cash flow models, P/E multiples, and alternative-pricing models, implication of efficient market theory and anomalies on fundamental and technical analysis, the concept of portfolio diversification and the construction of optimal portfolios such as mean-variance efficient portfolios and the introductions to options and futures markets.
Class Material
Chapter 1 - General principle of investments
Chapter 2 - Risk and returns
Chapter 11 - General principle of valuation
Chapter 13 - Economics and Industry Analysis
Chapter 14 - Analysis of Financial Statement
Chapter 15 - Company Analysis and Stock Valuation
Chapter 16 - Technical Analysis
Chapter 6 - Securities Markets
Chapter 7 - Markets Indexes
Chapter 8 - Portfolio Theory
Chapter 9 - Capital Market Theory and background assumptions
Chapter 10 - Capital Market Efficiency
Chapter 12 - Valuation of Fixed-Income Securities
Chapter 17 - Introduction to Derivative Securities