Investments

Student Learning Outcomes, Goals, Objectives:

Students successfully completing this course will be able to:

• Create portfolios that maximize portfolio expected returns for given portfolio volatilities.
• Analyze the development of asset pricing theories for asset allocation.
• Assess the evidence on whether stock returns are predictable.
• Assess anomalies in the stock market and evaluate whether they are explained by risk or behavioral models.
• Analyze the general macroeconomic environment for portfolio management.
• Asses the stock’s fair value using various pricing models.

Course Grading Information:

Activity/Performance Measure	Percentage/Points
Group Trading	9%
Group Industry Analysis	10%
Individual Homework Assignments	25%
Participation	5%
Exam1	17%
Exam2	17%
Exam3	17%

The three exams are equally weighted and account for 51% of the grade. They will be in a lockdown browser with web monitoring in Canvas. Once you open the exam, you have 75 minutes to finish it. The exam is a closed-book exam. Exams are not cumulative.

The grading Scale will be as follows:

Grading Scale

Percentage	Letter Grade
92%-100%	A
90%-91.9%	A-
88%-89.9%	B+
82%-87.9%	B
80%-81.9%	B-
78%-79.9%	C+
72%-77.9%	C
70%-71.9%	C-
68%-69.9%	D+
62%-67.9%	D
60%-61.9%	D-
Below 60%	F

Attendance/Participation:

Attendance/participation is not a graded component included in the student's final grade for this course.

Course Materials Purchased by the Students:

Text: Bodie, Kane, and Marcus, 2024, “Investments”, 13th edition, McGraw-Hill, ISBN13: 8220129483030. An older edition of the book is acceptable.