TROY UNIVERSITY
MASTER SYLLABUS
SORRELL COLLEGE OF BUSINESS
FIN 6632
Investments
Prerequisites
FIN 6631
Description
An introductory investments course which identifies and analyzes various forms of investments
(such as corporate bonds, common stock, preferred stock) and government securities (such as
bonds, notes and bills). The course also includes discussion of the securities market, brokerage
functions, and stock exchanges. Particular emphasis is placed on the selection of securities based
on the degree of risk and expected rate of return.
Objectives
On completion of the course, the student should be able to:
1. Measure and analyze the relationship between risk and return.
2. Compute and discuss the risk and return concepts from the perspective of an individual
asset and a portfolio.
3. Analyze portfolios using several multifactor models.
4. Use differing theories of valuation and relative valuation techniques.
5. Analyze the market, industry, and company.
6. Understand and value bonds, to include portfolios, duration, convexity and efficiency.
7. Evaluate portfolio performance using Treynor, Jensen, and Sharpe performance measures.
8. Utilize options, including Black-Scholes, binomial, and put-call parity, to develop trading
strategies.
9. Discuss the impact of swaps, convertibles, and embedded derivatives.
Purpose
To provide a survey of investment concepts needed in the MBA program.
Approved Texts
Levy, H., & Post, T. (2005 or current). Investments (1st ed.). Upper Saddle River, NJ: Prentice
Hall.
Master Syllabi are developed by the senior faculty in each business discipline. This Master Syllabus must be used as the basis for developing the
instructor syllabus for this course, which must also comply with the content specifications outlined in the Troy University Faculty Handbook.
The objectives included on this Master Syllabus must be included among the objectives on the instructor’s syllabus, which may expand upon the
same as the instructor sees fit. The statement of purpose seeks to position the course properly within the curriculum and should be consulted by
faculty as a source of advisement guidance. Specific choice of text and other details are further subject to Program Coordinator guidance.
1 August 2005
Master Syllabus: FIN 6632
2
Mayo, H.B. (2010 or current). Investments: An introduction (10th Ed.). Mason, OH: Cengage
Learning.
Reilly, F. K., & Brown, K. C. (2006 or current). Investment analysis and portfolio management
(8th ed.). Mason, OH: Thomson/South-Western.
Supplements
Singal, V. (2003). Beyond the random walk: A guide to stock market anomalies and low-risk
investing. New York: NY: Oxford University Press.
Troy University Faculty Handbook (2010): Section 3.9.2.8 [extract] — essential elements of the syllabus (somewhat modified for space):
1. Course title
2. Course number +
section
3. Term
4. Instructor
5. Prerequisites
6. Office hours
7. Class days, times
8. Classroom
location
9. Office location +
e-mail address
10. Office telephone
11. Course
description,
objectives
12. Text(s)
13. Other materials
14. Grading methods, 16. General supports
criterion weights,
(computer works,
make-up policy,
writing center)
mid-term grade
17. Daily assignments,
reports
holidays, add/drop
15. Procedure, course
& open dates, dead
requirements
day, final exam
18. ADA statement
19. Electronic device
statement
20. Additional
services,
statements
21. Absence policy
22. Incomplete-work
policy
23. Cheating policy
24. Specialization
requirements
(certification,
licensure, teacher
competencies)