A thorough overview of investments, providing students with knowledge of basic types
of securities (bond, stock, foreign exchanges and derivatives) and how the markets
for these securities operate. The principles of finance, including arbitrage, market
efficiency, asset pricing models and portfolio theory. Specific topics include risk-return
and mean-variance efficient frontiers, diversification and pricing of risk, security,
pricing, etc. Students apply skills in modern investment pricing techniques, including
the pricing of fixed-income securities, equities, foreign exchange and derivatives.
Principles of portfolio selection and management and risk control will also be covered
in relevant topics. Finally, the course looks at how banks and other financial institutions
make money by bringing issuers and investors together. Prerequisites: ACCT 5325 and
FINA 6305.
3 Credits
Classroom/Online