LECTURES

This course provides students with a solid understanding of the environment and decision processes in which investment analysis and portfolio management occurs. The focus is on the ability to understand and apply (in problem context) sophisticated investment techniques used in the industry. Topics include: asset allocation decisions, domestic versus international fund components, integration of equity, bond and cash management, constructing discrete time interest rate lattice, managing interest rate risks; It also covers the essential aspects of foreign exchange rate risk, issues of pension funds management, investing in real assets and hedge funds. This subject is both theoretical and practical; the emphasis will be on problem solving