Course Outline

Institute of Management Sciences, Peshawar

 

Course Outline

Investment and Portfolio Management

Course Facilitator: Attaullah Shah

 

Course Book

Charles P. Jones. Investments Analysis and Management 10e

Kane Bodie Marcus. Essentials to Investments 7e

 

Week

Topic

Lectures

1

Understanding Investments

    The nature of investments

    Understanding the investment decision process

1 lecture

1

Investment Alternatives

    Organizing financial assets

    Money market securities

    Fixed-income securities

    Equity securities

    Derivative securities (Futures and Options)

2 lecture

2

Indirect Investing

    Investment company

    Types of investment companies

    Major types of mutual funds

    Net Asset Value

    Mutual Fund Returns

2 lectures

 

3

Securities Markets

    Primary markets

    Secondary markets

1 lecture

4

How Securities are Traded

    Brokerage transactions

    How orders work

    Margin

    Short sales

2 lectures

5

The Returns and Risks from Investing

    Return

    Measuring returns

    Taking a global perspective

    Measuring risk

    Realized returns and risks from investing

3 lectures

6

Portfolio Theory

    Dealing with uncertainty

    Portfolio return and risk

    Analyzing portfolio risk

    Modern portfolio theory

    Measuring co-movements in security returns

    Calculating portfolio risk

    Efficient portfolios

4 lectures

7

Portfolio Selection

    Indifference curves

    Building a portfolio using Markowitz principles

    Estimation of minimum variance portfolio

    Impact of diversification on risk

    Single index model

2 lectures

 

8

Asset Pricing Models

    Capital market theory

    Equilibrium return-risk tradeoff

    Estimating SML

    Multi Factor Models

    Fama and French Model

3 lectures

9 and 10

Common Stock Valuation

    Discounted cash flow techniques

    Relative valuation techniques

Common Stocks Analysis and Strategy

    Active and passive strategy

    Framework for fundamental analysis

4 lectures

11

Economy/ Market Analysis

    Assessing the economy

Sector/ Industry Analysis

    Analyzing sector/ industry

2 lectures

12

Company Analysis

    Fundamental analysis

    Analyzing a company’s profitability

    Earnings game

    P/E ratio

1 lecture

13 and 14

Technical Analysis

    Stock price and volume technique

    Technical indicators

3 lectures

15

Future Contracts

    Features

    Pricing

    Swaps

2 lectures

16

Option Contracts

    Features

    Valuation

    Black Scholes Model

2 lectures

 

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