Introduction to the nature, problems, and process of evaluating particular securities and portfolio construction and administration. Special attention is directed to the risk and rate-of-return aspects of particular securities portfolios, and total wealth. Prerequisite: FIN 350; either B ECON 300 or ECON 300; may not be repeated. Offered: AWSp.
We will cover five main topics: - Equity valuation - Fixed income valuation - Portfolio management - Global portfolio management - Options and risk management
Student learning goals
General method of instruction
Lecture-based class based on textbook and parallel readings.
Class assignments and grading
- Group project: write and present a full company valuation with buy/hold/sell recommendation - Midterm and final