3.00 Credits
Investment Management will provide both theoretical and practical coverage of investing in financial securities (stocks bonds and derivatives). The list of theories that will be presented includes efficient market theory portfolio management and capital markets theory and behavioral finance. On the practical side this course will assume that markets are generally efficient at least in the long run suggesting that securities are appropriately priced given their perceived risk and the expected return. However we will discuss market anomalies that suggest that the market or segments of the market can be inefficient or wrong at any point in time. With the foregoing as a backdrop this course will emphasize asset allocation and portfolio management. This course will also introduce the tenchniques and tools (including software applications) for evaluating firms and their underlying securities. This course will use a lecture format on textbook materials supplemented with outside reading of investment journals and relevant case studies. This course will also introduce the techniques and tools (including software applications) for evaluating firms and their underlying securities. This course will use a lecture format on textbook materials supplemented with outside reading of investment journals and relevant case studies.