The Science of Investments I

Catalog description

This course covers the principles of investment analysis and modern portfolio management. Designed for students with a quantitative orientation, the course blends theory with practical applications in capital markets, emphasizing risk analysis and strategic asset allocation. Topics include the structure and functioning of financial markets, the mechanics and pricing of securities (including equities, fixed income, and derivatives), and the role of institutional investors. Students will also learn quantitative methods such as mean-variance optimization, beta estimation, and multi- factor risk models integrated from computational assignments and case studies. The course provides students hands-on experience using general and statistical software to implement portfolio construction and performance evaluation techniques. Prerequisite(s): IDS 5420 , FIN 5752 ; and FIN 6605 , FIN 5775 may be taken as prerequisites or corequisites.