HADM 4290: Investment Analysis and Portfolio Management

Spring. 3 credits. Letter grades only.

Prerequisite: introduction to corporate finance, financial accounting, introduction to statistics, and beginner knowledge of Excel or permission of instructor. Co-meets with HADM 6290. Elective. Graduate students should enroll in HADM 6290.

Andrey Ukhov (au53) – Spring 2018

The course is an exploration of the three major investment vehicles: bonds, equity, and derivatives. In each case, students discuss what they are, how they are valued, and what risks they entail. The intimate relationship between return/value and risk is explored. At the focus of these discussions lies the idea that optimal investing is chiefly about balancing risk with returns; extracting maximum gains with minimum exposure; and creating portfolios with “good trade-offs.” A study of theories develops a toolkit of skills, and a detailed look at practical application, including pricing anomalies, trading “programs,” and a hands-on portfolio simulation, illuminate this investigation.