AD 470 Investment Management, 2019-20 Fall

Course Instructor: Attila Odabaşı, PhD.
Phone: 359 6806, Office: IB403
Class hours: WWW 678; Classroom: IB312
Office Hours: T 14:00-15:00 and Th 12:00-13:00 or by appoinment,
Teaching Assistant: TBA

Course Description: The course aims to study the fundamental principles of financial investments and portfolio management.  Most parts of the course are analytical and computer based applications are required. [Syllabus]

The textbook for the course is Essentials of Investments by Bodie, Kane, and Marcus, 9th Global Ed.,  McGraw-Hill Irwin, 2013. [BKM hereafter].

Prerequisites for the course are AD311 Business Finance and basic Statistics.

News, Announcements and Notes:

Schedule - The following table is subject to change.
Weeks

Lecture

Ref Ch

[BKM]

Handouts, Assignments, Due Dates

Additional Material

Sep 25

Introduction,  Asset Classes, Securities Markets

 ch 1-2  Intro;
Financial assets;
 
Investment Simualtion Game handout; Trading_Sheet

Oct 02

Financial Markets, Trading, Investment Companies

ch 3, 4

Trading; Investment_Co;

Investment Simulation - Join Class Game: September 26,

 

Oct 09

 Estimation of returns and risk

ch 5

Investment Simulation Project Part 1 is due

BIST_data

Oct 16

 Estimation of returns and risk,
Efficient Diversification 

ch 5

Ret_Risk;

Ret_risk_xcl

Assign_1 (Due Oct 23)

 ProbSet_1; Soltn_1 

  ProbSet_2; Soltn_2

 ProbSet_3; Soltn_3

 ProbSet_4; Soltn_4 

 Ch-end_Probs&Soltns_1 

Oct 23

Portfolio Diversification,    ch 6   Portf_1, Portf_2,
 Assignment_2 (due Nov 13)
 Data_Assgn_2

 

Oct 30

SIM,  ch 6   
 SIM
 Ch_End Problems:
Ch's 03, 04, 05, 06, 07

Nov 06

CAPM and Others  ch 7   CAPM Sample_mterm_1
Sample_mterm_2

Nov 13

  Midterm week      

Nov 20

Withdrawal week

Efficient Market Hypothesis; behavioral fin., technical analysis

 ch 8, 9   EMH    

Nov 27

 Biases in Rational Decision Making

 

ch 9   Ch_End Problems:
Ch's: 08, 10, 11, 13

Dec 04

 Bond Prices, Yields, Managing Bond Portfolios    ch 10, 11  Bonds; Int_Rate_Risk   ProbSet_6; Soln_6
 ProbSet_7; Soln_7
 ProbSet_8; Soln_8 

 Dec 11

 Equity Valuation  ch 12-14  Equity_Val   
Dec 18  Hedging Portfolios using forwards ch 17

Stock trading ends on Dec 11.Final Portfolio Mfmt Debrief Paper is due.

 Sample_final_1 
FINAL