Equity and Fixed Income Investments

  • 16-weeks
  • 3 credits
  • Prerequisite: F303 and F305 with grades of C- or better

A detailed examination of the management of equity and fixed income investments. Covers analysis of individual securities, formation of these securities into portfolios, and use of derivative securities to modify the return/risk profiles of more traditional stock and bond portfolios.

Learning Objectives:
I. Overview
    A. Investment Management        
       1. Techniques        
       2. Institutions    
   B. Instruments    
   C. Markets
II. Security Analysis (from both the equity and debtholders perspectives)    
   A. Macroeconomic analysis    
   B. Sector/Industry analysis    
   C. Firm specific analysis (e.g., financial statement analysis)
III. Valuation Techniques    
   A. Fixed-income securities        
       1. Traditional fixed-income security        
       2. Embedded options    
    B. Equity
IV. Portfolio Management (passive and active) and Trading Strategies    
    A. Fixed-income    
    B. Equity    
    C. The use of derivatives
V. Performance Evaluation  

Typical Text:  Essentials of Investments, Bodie, Kane and Marcus                          
                    Investment Concepts, Analysis, Strategy, Radcliffe                          
                    Investments, Bodie, Kane and Marcus

Kelley School of Business

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