NBA 5420 - Investment and Portfolio Management

Spring. 3 credits.

Prerequisite: NCC 5060, NCC 5560, or an equivalent core finance course.

G. Saar.

This course emphasizes both conceptual foundations and practical implementation. The material in the course would be helpful to anyone interested in investing. However, the course should be especially useful to students interested in an investment management career (e.g., portfolio management in mutual funds and hedge funds, equity research, equity trading, risk management, investment consulting, and investment banking). After a brief review of fundamental issues (such as the risk/return trade-off), the course contains an extensive module on strategic asset allocation with a focus on practical implementation. The remainder of the course focuses on topics relevant to security selection. The course contains an extensive discussion of equity multifactor models and screening, with applications to value and growth investing. The course highlights trends in the investment management industry and introduces terminology and tools familiar to investment professionals.