UNIVERSITY OF WAH
Department of Management Sciences
MBA-539: SECURITY AND PORTFOLIO MANAGEMENT
COURSE DESCRIPTION/OBJECTIVES
The objective of the course is to study theory and empirical evidence relevant for portfolio
management. An emphasis is placed on understanding how an investment professional would allocate
funds in a hypothetical portfolio. Major topics include estimation of capital market parameters, tradeoff between risk and return, optimal portfolio selection, equilibrium asset pricing models, and delegated
portfolio management. Emphasis will be put on development of techniques that should be part of the
tool kit of those interested in becoming professional investors and/or researchers in finance. The course
material is tilted heavily towards equity markets since there are separate courses that cover fixed
income markets and derivative securities. This course is designed to primarily address the needs of
advanced students in an MBA program.
LEARNING OUTCOMES
By the end of this course it is expected that the student will be able to:
1. Understand the operations of financial markets;
2. To analyze the various types of assets including equities, fixed
income securities, and derivatives;
3. To perform risk analysis.
4. Enhance the skills are required for corporate finance, trading,
and investment banking positions.
COURSE CONTENT
WEEK
Week 1
TOPICS
Investment Settings
Week 2
Organization And Functioning Of Securities Market
Week 3
Security market indicator series
Week 4
Introduction to efficient market hypothesis
Week 5
An introduction to portfolio management
Week 6
An introduction to asset pricing models
Week 7
Analysis of financial statements
Week 8
Security valuation
Week 9
Stock market analysis
Week 10
Industry analysis
Week11
Company analysis and stock valuation
Week 12
Technical analysis
Week 13
Introduction to behavioral finance
Week 14
Introduction to financial derivatives
UNIVERSITY OF WAH
Department of Management Sciences
Week15
Week 16
Forwards, Futures, Options & Swaps
Project/Revision
TEXT/REFERENCE BOOK
1. Jones. P. Charles; Investment: Analysis & Management, John Wiley & Sons.
2. Sharpe, Alenander and Bailey; Investments, Prentice Hall.
3. Bodie, Kanne & Marcus; Investment, McGraw Hill.
4. Radcliff; Investment: Concepts Analysis Strategy, Addison Wesley.