The aim of this course is to provide students with a thorough understanding of portfolio or fund management, as well as of the nature of financial markets and of the securities that are traded on them. The course emphasises the practical and theoretical aspects of the investment process. Concepts of risk, return, and pricing are central to developing this understanding. Various asset-pricing models and security analysis techniques will be applied to practical investment problems. International issues of diversification and fund management will be used to develop the aims of the course. The behavioural evidence regarding how investors and fund managers actually make decisions and the empirical consequences of these decisions are also explored.

At the end of this course, students should be able to:

• Explain the mechanisms of capital markets from the perspective of an individual investor and a financial institution. 

• Apply techniques of measuring risk and returns to evaluate different portfolios. Identify and discuss the different elements of portfolio management i.e. the concepts of risk and risk premium, international diversification and security analysis techniques.

• Apply pricing techniques to the various assets traded within the financial markets specifically equities and bonds. Appraise securities using fundamental analysis and technical analysis.

• Apply critical thinking in making investment decisions by relating those decisions to finance theory.

• Explain the term structure of interest rates, forecast forward interest rates, and evaluate bond management strategies.

• Identify and discuss the behaviour of individual investors and systematic trading biases, as well as the implications on the capital market efficiency.

COURSE CODE

COURSE NAME

ACCFIN1001

Introduction to Business Reporting and Financial Accounting

ACCFIN1003

Finance 1

ACCFIN1004

Financial Accounting 1

ACCFIN1006

Introduction to Management Accounting and Control

ACCFIN1016

Introduction to Finance, Investments and Institutions

ACCFIN2002

Finance 2

ACCFIN2003

Financial Accounting 2

ACCFIN2018

Statistical Analysis and Methods

ACCFIN4010

Capital Markets and Portfolio Management

ACCFIN4040

Derivative Securities

ACCFIN4070

Corporate Finance

ACCFIN4079

Econometric Methods for Accounting and Finance

ACCFIN4081

Financial Management

ECON1001

Economics 1A

ECON1002

Economics 1B

ECON2001

Economics 2A

ECON2002

Economics 2B

ECON4003

Econometrics 1: Introduction to Econometrics

ECON4004

Econometrics 2: Multiple Regression and Applications

MGT1025

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