Department: MSc Finance
Module Description: This module focuses on imparting the much-needed skills and strategies needed to make the best investment decisions. Students will learn the various investment opportunities, techniques and methods to identify the right investment avenues for investments. It equips students with the various methods that are used in evaluating investment and portfolio performance. The module considers students as investors and provides them information so that they would take the right decisions on the various types of financial instruments-equity, and bonds including risks and returns involved in the market in which they trade.
Jones, C. P. and Jensen, G. R. (2016). Investments : analysis and management. 13th edn. Hoboken: Wiley.
Bodie, Z., Kane, A. and Marcus, A. J. (2021). Investments. 12th edn. New York, NY: McGraw-Hill.
Reilly, F. K., Brown, K. C. and Leeds, S. J. (2019). Investment analysis & portfolio management. 11th edn. Boston, MA: Cengage.
Fabozzi, F. J., Focardi, S. M. and Jonas, C. (2014). Investment management : a science to teach or an art to learn. New York: CFA Institute Research Foundation.
Ilmanen, A. (2012). Expected returns on major asset classes. Erscheinungsort nicht ermittelbar: Research Foundation of CFA Inst.
Elton, E. J. et al. (2014). Modern portfolio theory and investment analysis. 9th edn. Hoboken, NJ: Wiley.
Relevant journal articles will be provided during the term (Example):
Brown, S. J. (2020). The Efficient Market Hypothesis, the Financial Analysts Journal, and the Professional Status of Investment Management. Financial Analysts Journal, vol. 76(2), pp. 5–14.
Cenesizoglu, T. and Reeves, J. J. (2018). Capm, Components of Beta and the Cross Section of Expected Returns. Journal of Empirical Finance, vol.49, pp. 223–246.
Fama, E. F. and French, K. R. (2004). The Capital Asset Pricing Model: Theory and Evidence. Journal of Economic Perspectives, vol.18(3), pp. 25–46.
Fama, E. F. and French, K. R. (1993). Common Risk Factors in the Returns on Stocks and Bonds. Journal of Financial Economics, vol. 33(1), pp. 3–3.
Galagedera, D.U.A. (2007). A Review of Capital Asset Pricing Models. Managerial Finance, vol. 33(10), pp. 821–832.
Farias Nazário Rodolfo Toríbio et al. (2017). A Literature Review of Technical Analysis on Stock Markets. Quarterly Review of Economics and Finance, vol.66, pp. 115–126.
Han, Yufeng and Liu, Yang and Zhou, Guofu and Zhu, Yingzi, (2021). Technical Analysis in the Stock Market: A Review.