Course Requirements

Students complete the Investment Management concentration by taking the following two courses:
 
 

FIN 523

INVESTMENT ANALYSIS

This course provides an introduction to capital markets and financial instruments and emphasizes on security valuation. It is not a course on personal investing. The course builds on Fin 555 and covers relevant aspects of fixed-income markets, asset pricing, portfolio management, equity markets, and derivatives markets. The course provides background material for both Fin 662 (Derivatives Valuation) and Fin 675 (Cases in Investments and Financial Engineering). Prerequisite: FIN 555
Prerequisites:
FIN 555 and GSB 420 are prerequisites for this class.

FIN 524

FINANCIAL STATEMENT ANALYSIS

This course provides an introduction to financial statement analysis from a global perspective by focusing on the International Financial Reporting Standards (IFRS). The emphasis is on the use of company financial reports to evaluate the historical, present, and prospective performance and financial soundness of a company for the purpose of financial decision-making. Prerequisite: FIN 555
Prerequisites:
FIN 555 and GSB 420 are prerequisites for this class.

FIN 525

PORTFOLIO MANAGEMENT

This course covers topics and techniques appropriate for institutional portfolio management. The course does not examine personal investment or personal portfolio management. The topics, the readings, and the level of coverage are designed to be at the level of the portfolio management coverage in all the three levels of the CFA program. Prerequisite: FIN 523
Prerequisites:
FIN 523 is a prerequisite for this class.

FIN 526

ADVANCED TOPICS IN INVESTMENTS

This course provides an understanding of several topics that are important to successful completion of the CFA examination. The course will focus on equity valuation including valuation of closely held companies, real estate valuation, venture capital, behavioral finance, hedge funds, distressed debt, commodity futures, and benchmarks. The course will proceed from simple valuation models to those used to value assets wherein daily mark-to-market accounting is not available (e.g., real estate, venture capital, etc.). Prerequisite: FIN 523
Prerequisites:
FIN 523 is a prerequisite for this class.

FIN 582

THE PSYCHOLOGY OF FINANCIAL MARKETS

This course examines the structure and dynamics of asset prices in world financial markets from the perspectives of research in behavioral finance, portfolio management, and macroeconomic policy. Some prior learning in finance (preferably investments), economics and statistics, and a broad interest in the social sciences (psychology; sociology; history) are required. The course has use for investors and their advisors, as well as for anyone interested in financial history. Class discussions are based on academic research and accepted wisdom. Prerequisite: At least one graduate level finance course.
Prerequisites:
FIN 555 is a prerequisite for this class