Course Description

The course will focus on the application of financial theory to the issues and problems of investment management. Topics will include portfolio optimization and asset allocation, the basics of bond pricing and debt portfolio management, the theory of asset pricing models and their implications for investment as well as techniques for evaluating investment management performance. The course will build upon the analytical skills developed in Financial Management. Prerequisites: Financial Management and a working knowledge of statistics. Spreadsheet proficiency is essential

Course Objectives

·         Understanding the Investment Management and investment management industry

·         Understanding why asset allocation matters

·         Being familiar with assessing performance of asset classes

·         Learning how to choose an optimal portfolio and safety‑first selection criteria

·         Focusing on liabilities: Optimization in the surplus framework

·         Factoring models and methods