Investment Theory and Practice

Catalog description

Study the essentials of investment process and modern portfolio theory. Students learn asset allocation, risk diversification, portfolio optimization, and performance measurement using empirical asset pricing models and the Efficient Market Hypothesis (EMH). Students will learn ethics for the investment management profession through the CFA Institute Code of Ethics and Standards of Professional Conduct. Course emphasizes portfolio construction rather than security selection and valuation (which is emphasized in FIN 6750 ).