AD 470 Investment Management, 2017-18 Fall

Course Instructor: Attila Odabaşı, PhD.
Phone: 359 6806, Office: IB403
Class hours: WWW 678; Classroom: IB211
Office Hours: Th: 14:00-15:00 or by appoinment,
Teaching Assistant: Alp Eren Akyüz

Course Description: The course aims to study the fundamental principles of financial investments and portfolio management.  A tentative course schedule is given below and additional information and materials will be uploaded throughout the semester. [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.


Ref Ch


Handouts, Assignments, Due Dates

Additional Material

Sep 27

Introduction,  Asset Classes, Securities Markets

 ch 1-2  Intro; Financial assets;
 Investment Simulation - Join Class Game: September 26,
Investment Simualtion Game handout; Trading_Sheet

Oct 4

Financial Markets, Trading, Investment Companies

3 - 4

Trading; Investment_Co;


Oct 11

 Estimation of returns and risk


Return_Risk; risk-return_excel; BIST_monthly_returns

Investment Simulation Project Part 1 is due

Oct 18

 Efficient Diversification 


Asset_allocation, Diversification, Allocation_xls, Utility_xls

Selected Problems, Key 

Oct 25

CAPM and Others   7  


Nov 1

Efficient Market Hypothesis


Nov 8


 Midterm Week 

       OLD EXAMS

Nov 15

Withdrawal w.

  Biases in Rational Decision Making   9    Mterm 2007-08 key

Nov 22

 Bond Prices, Yields, Managing Bond Portfolios   10, 11  Mterm 2010 Fall key 

Nov 29

 Equity Valuation  13    Final_2011_Fall_key new

Dec 6

 Hedging Portfolios 17    

 Dec 13

Portfolio Performance Evaluation 18, 22

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




  Ch_End Problems:
Ch's 2, 3, 4, 5, 6, 7, 8
     Ch's 10, 11, 13, 17