Authorised by Academic Registrar, April 1996
Objectives On completion of this subject students should be able to demonstrate an understanding of the conceptual foundations of modern portfolio theory; appreciate the effect of market efficiency in the valuation process; explain the methods used in measuring portfolio performance and appropriate benchmarks.
Synopsis Topics include investment fundamentals; stock market function and operations; portfolio theory; capital market theory; share valuation and analysis; fundamental and technical analysis; fixed interest investments; derivatives; real estate investment; managed funds; banking industry funds management.
Assessment Major assignment (4500 words): 30% + Examination (3 hours): 70%