TROY UNIVERSITY
SORRELL COLLEGE OF BUSINESS
FIN 4432
Investments
Prerequisites
FIN 3331.
Description
Financial analysis of investments, including markets, institutions, and instruments with emphasis on security analysis, portfolio analysis, and financial planning. Prerequisite: FIN 3331.
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.
Apply theories of valuation and relative-valuation techniques, including the mechanics of fundamental and technical analysis.
5.
Analyze a market, industry, and company using basic industry and economic-analysis
(forecasting) techniques.
6.
Explain and value bonds, including portfolios, duration, convexity, and efficiency.
7.
Evaluate portfolio performance using the Treynor, Jensen, and Sharpe performance measures.
8.
Utilize options models, 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 finance undergraduate program.
BABA/BSBA Finance major requirement.
Approved Texts
Gitman, L. J., & Joehnk, M. D. ( 2005 or current ). Fundamentals of investing (9th ed.). Boston,
MA: Addison-Wesley.
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 4432
Jones, C. P. ( 2003 or current ). Investments: Analysis and management (9th ed.). Hoboken, NJ:
Wiley.
Mayo, H. B. ( 2006 or current ). Investments: An introduction (8th ed.). Mason, OH:
Thomson/South-Western.
Reilly, F. K., & Norton, E. A. ( 2006 or current ). Investments (7th ed.). Mason, OH:
Thomson/South-Western.
Bodie, Kane, Marcus Investments, 6 th
ed. McGraw-Hill/ Irwin
Supplements
As deemed appropriate.
2
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, criterion weights, make-up policy, mid-term grade reports
15.
Procedure, course requirements
16.
General supports
(computer works,
18.
19.
ADA statement
Electronic device writing center)
17.
Daily assignments, 20.
Additional holidays, add/drop statement services,
& open dates, dead day, final exam statements
21.
Absence policy
22.
Incomplete-work policy
23.
Cheating policy
24.
Specialization requirements
(certification, licensure, teacher competencies)