Portfolio Management

Descriptif

The main aim of the course is to enable students to develop a sound understanding of the fundamental principles underlying the theory and practice of investment and portfolio analysis and management; thereby providing a strong basis for further study of advanced finance theory and cognate disciplines. From within this framework the course aims to extend students’ capacity to evaluate and analyze actual and potential investments. The course will develop analytics skills and knowledge about risk analysis in order to understand and apply portfolio management practices.

The course will introduce students to a number of important concepts in investment and portfolio theory. Specifically, the following topics will be covered: modern portfolio theory, the principles of assets pricing theory including the theoretical underpinnings of pricing rules, the concept of risk and return and the trade‐off between the two, the characteristics of different asset classes (equities, bonds) and their importance in portfolio selection problem, evaluation of portfolio performance, active and passive portfolio management. All the topics will be approached from both theoretical and practical perspectives.