SYLLABUS OF INVESTMENTS
Instructor: Yu Yi
Office Phone: 021-51278082
Email: yuyi_sisu@126.com
Office: Room 823, Teaching Building, Hong Kou Campus
REQUIRED TEXT
Bodie.2012, Investments, 9th edition, China Machine Press.
DESCRIPTION
This module is one of the major courses for students who are specialized in Finance study, therefore, this module is divided into three parts and mainly focus on portfolio theory.
This course aims at helping the students to lay solid fundamentals of research and work in the field of investment/securities in the future. This course enables to help the students understand and master the basic concepts and theories, strengthen their ability to engage in the theoretical research and practical work, to think independently, and to analyze and solve the problems.
OBJECTIVES
This course will be taught by using multi-medium, stressing basic concepts and basic theories, paying more attention to help the students to master the basic skills, applying portfolio theories into experimentalclasses in order to strengthen the ability to combine theories with practice, master the structure and contents of textbook, deepen the comprehension and application of basic knowledge so as to enhance the interest of their further study.
Upon satisfactory completion of the course, students should:
Be able to understand the concepts and principles of investment, portfolio theories and equilibrium capital market theories.
Enhance their ability to analyze and solve problems
Apply these theories to practice
COURSE ASSESSMENT
Class Attendance: 10%. Responsible attendance is expected of each individual enrolled in this course. Iwill circulate a sign-up sheet every day that we are scheduled to meet and you will forfeit one full percentagepoint for every unexcused absence beyond three. If you miss a lecture you are responsible for obtaining anymissed notes and/or handouts on your own unless you are officially excused.
You may be officially excused from a class meeting for one of four reasons: (1) You have an illness that prevents you from attending class and a doctor's note to that effect; (2) You have a personal emergency like a death in the family and are either excused before class or can document the emergency afterwards; (3) You have a university sponsored obligation (participation in a sporting event or student organization sponsored project)and are excused before the examination or case presentation; or, (4) You have the absence officially excused in writing by the Dean of Finance.
Mid-term exam: 20%. This is an open-book examination which includes multiple choice and application problems (calculations). The questions come from the assigned reading material, the lecture notes, as well as classdiscussions and exercises.
Assignment: 20%. The students should finish the assignments such as key concepts, questions for review, problems and application in the related chapters, and hand in them on time.
Examinations: 50%. There will be one final examinationduring this semester. The final exam paper will be presented with defining, short essay, and long essay questions.The questions will come from the assigned reading material, the lecture notes, as well as classdiscussions and exercises.
COURSE CONTENTS
Topics | Class Hours | |
Week 1-2 | TOPIC ONE Investment environment
| 6 |
Week 3-4 | TOPIC TWO Asset classes and financial instruments
| 6 |
Week 5-6 | TOPIC THREE How securities are traded
| 6 |
Week 7-8 | TOPIC FOUR Portfolio theory and practice
| 6 |
Week 9-10 | TOPIC FIVE Risk aversion and capital allocation to risky assets
| 6 |
Week 11-12 | TOPIC SIX Optimal risky portfolio
| 6 |
Week 13 | TOPIC SEVEN Review and mid-term exam | 3 |
Week 14-15 | TOPIC EIGHT Equilibrium in capital market
| 6 |
Week 16-17 | TOPIC NINE Arbitrage pricing theory and multifactor models of risk and return
| 6 |
Week 18 | General Review and Final Examination | 3 |
Total Hours | 54 |