FINA 7322 Investments
A thorough overview of investments, providing students with knowledge of basic types of securities (bond, stock, foreign exchanges, and derivatives) and how the markets for these securities operate. The principles of finance, including arbitrage, market efficiency, asset pricing models and portfolio theory are covered. Specific topics include risk-return and mean-variance efficient frontiers, diversification and pricing of risk, security, pricing, etc. Students apply skills in modern investment pricing techniques, including the pricing of fixed-income securities, equities, foreign exchange and derivatives. Principles of portfolio selection and management, and risk control are also be covered in relevant topics. Finally, the course looks at how banks and other financial institutions make money by bringing issuers and investors together.