Investments

3 credits · Undergraduate

(3 hrs Lecture) This course introduces students to the main financial instruments that are used in the investment industry, including a detailed description of financial instruments and how they are traded in financial markets. A brief review of portfolio theory is presented including a discussion of a number of key models of modern finance, including the Capital Asset Pricing Model and the Arbitrage Pricing Theory. The course also includes a detailed examination of the role and operation of fixed-income securities and equities. The course concludes with a discussion of the role and techniques of passive versus active portfolio management. Note: This course is intended for students in the EFIN program. Cross-listed: BUS-4800(3). Restrictions: Students may not hold credit for this course and BUS-4800. Requisite Courses: BUS-2820(3) or ECON-2820(3) (or the former ECON-2319(6) or BUS-2319(6)) [prerequisite(s)]; and STAT-1302(3) or STAT-2001(3) [prerequisite(s)]; and ONE of MATH-1101(6) or MATH-1102(3) or MATH-1103(3) or ECON-1201(3); ALL with a minimum grade of C+ [prerequisite(s)]; and students must have met their university writing requirement with a minimum grade of C+ (or exemption); OR permission of the instructor [prerequisite(s)].