Portfolio Management

Curriculum Guideline

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Course
FINC 4440
Discontinued
No
Course Code
FINC 4440
Descriptive
Portfolio Management
Department
Finance
Faculty
Commerce & Business Administration
Credits
3.00
Start Date
End Term
202030
PLAR
No
Semester Length
15 Weeks X 4 Hours per Week = 60 Hours
Max Class Size
35
Contact Hours
Lecture: 4 Hours
Method(s) Of Instruction
Lecture
Seminar
Learning Activities

Material will be presented within a lecture format.

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.
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.
Means of Assessment

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

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.

Prerequisites

FINC 3390

Corequisites

FINC 4450