Bus. Ad. 60095
Investment Seminar
K-25 EMBA
Spring, 2005
Dr. Curcio
COURSE OUTLINE
Date
Meeting
March 5
8:30-12n
1
April 8
6-9:30pm
2
Topic
Readings
Presenter
Orientation
Alternative Investments
Stocks, Bonds, Mutual Funds,
Options, Futures, Real Estate
Risk & Return
Stock-Trak Assignment
Handouts
Chaps.1,2,3,4,5
6,11
Dr. Curcio
Chaps. 12,13,14,18
19,20,22
Chaps. 21,15,16,17
Chaps. 7,8,13,26,27
Dr. Curcio
Analysis & Valuation
Financial Statement Analysis
Technical Analysis
Efficient Capital Markets
Portfolio Theory
Capital Market Theory
Capital Asset Pricing Model
Arbitrage Pricing Theory
April 30
8:30-12n
3
April 30
1:00-4:30pm
4
Dr. Curcio
Chaps. 9,10
Individual Stock-Trak
Project Presentations
To Be Announced
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Texts:
Reilly and Brown. Investment Analysis & Portfolio Management, 7th edition. (2003, Thomson Learning)
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Grading Basis:
Individual Hypothetical Portfolio Project (STOCK-TRAK)
Class Participation &Instructor Judgment+
80%
20%
Class participation and instructor judgment will be based on the frequency and quality of each person’s involvement
in class discussions. Attendance is a factor in this assessment.
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+
Office:
Room 406 BSA
Office Hours:
Tuesday 1:00 pm -1:45 pm
Tuesday 3:00 pm –6:15 pm
Thursday 1:15 pm-1:45 pm
Other Hours by Appointment
330-672-1202 (Office)
330-655-5112 (Home)
Telephone:
E-mail:
prof100m@aol.com (home)
106759394
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Individual Hypothetical Portfolio Project
(STOCK-TRAK)
Using a hypothetical $1,000,000 available to you to invest and using STOCK-TRAK procedures,
choose and manage a portfolio in which at least $200,000 is allocated amongst 10 or more equity
investments; $100,000 is allocated to 3 or more mutual funds; $100,000 is allocated to 3 or more
bonds; $100,000 is allocated to 10 or more options; and $200,000 is allocated to 2 or more futures
investments. You are free to choose how you invest the remaining $300,000.
In a presentation and report:
(1) Submit your investment portfolio selections,
(2) Explain the motivation and investment strategies behind your investment selections in your
hypothetical portfolios in each of the four categories: (1) Equities, (2) Mutual Funds, (3)
Bonds and (4) Options and Futures. The explanation of motivation should be preceded, in
each category, by a concise explanation (in your own words) of the investment theory,
which belies the category. You may use your book, handouts, class notes and/or tutorials
from the Internet, etc., for this theoretical foundation.
(3) Evaluate the performance of your investment selections and strategies to date and comment
on whether you would maintain your investment choices and strategies or you would change
your selections and strategies. How and why would you change your investment selections
and strategies going forward?
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106759394
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Dr. Richard J. Curcio
Dr. Richard J. Curcio received his Bachelor’s Degree in Science and Ph.D. in Finance from The
Pennsylvania State University.
Dr. Curcio served as Chairman of Kent State University’s Department of Finance and Public
Administration from 1975-1983. Prior to coming to Kent State, he was an administrator in the
Mathematics Department of The Pennsylvania State University and a research chemist with the
Beryllium Corporation (subsequently, Kawecki-Berylco, Inc.).
His primary teaching and research interests are in the fields of Financial Management, Investments,
Real Estate, Small Business Finance, International Finance and Stock Index Futures. He has
published and presented numerous articles on such topics as capital budgeting, cost of capital,
financial analysis of banks, real estate portfolio selection, measurement of investment risk,
quantitative approaches to real estate valuation, global mixed-asset diversification and stock index
arbitrage. His research has been published in the Journal of Portfolio Management, Decision
Sciences, the Journal of Financial Research, Review of Futures Markets, Journal of the Midwest
Finance Association, the American Real Estate and Urban Economics Association Journal, Journal
of Real Estate Research, Global Finance Journal, The Multinational Business Review, the Journal
of Financial and Strategic Decision Making, the Journal of Investing and Financial Services
Review.
Dr. Curcio has organized and conducted executive training sessions for such companies and
organizations as Goodyear Tire and Rubber Co., Goodyear Aerospace Corp. (subsequently Loral
Systems), Stouffer’s Foods, Lubrizol, Salem Community Hospital and FirstEnergy Corp.
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