|
All
relevant information on UIC Investment Management Course will
be posted on this website.
Click
to go directly to: (1) Updates, (2) Course
Outline and Lecture Notes, (3) Lecture Review,
(4) Course Details, or (4) Assessment
Information.
Course
outline can be downloaded here.
UPDATES:
Back
to top || Updates || Course
Outline and Lecture Notes || Lecture Review
|| Course Details || Assessment
Information
Please
check here for updates during the semester.
January
7, 2009. If you are doing the project, please email
your project to myself and Lacey before mid-night January 8, 2009.
For those who have do the presentation several weeks ago, please
make sure that you email to me your presentation powerpoint file.
Please also remember to do the online evaluation.
January
7, 2009. I have finished grading the short answer
question section of the final examination this afternoon. I have
found that the morning class did pretty well as most got the Porter's
Five Forces model and the CAPM assumption questions correct, and
many has answered last question correctly as well. Unfortunately,
it is not the same case with the afternoon class. Many (more than
I expected) students did not even tried to write something down
for partial credits but left the three short answer questions
completely unattempted and blanked. The CAPM assumption question
was given before as a quiz question so I was expecting that most
of you would have at least try to answer that question.
January
5, 2009. For your review, look through the topics
that we have discussed in class, then read the parts in the textbook
that correspond to these topics. There are other topics in the
textbook which we have not discussed in class, and those will
not be covered.
January
5, 2009. For the final examination, financial statement
analysis is included. Formula sheet will NOT be provided but you
can go over our review notes for the table from the textbook on
the financial statement analysis formula.
December
26, 2008. Answer key to Assignment 3 can be downloaded
here. If you have do the presentation for the project, please
make sure that you email to me your presentation.
December
18, 2008.
Assignment 3 is due on Thursday, December 25, 2008. You can send
hard copy to Lacey and / or send soft copy to myself and Lacey.
December
18, 2008. The following items are available for
download to help you study for your final examination. Assignment
2 answer can be downloaded here. Assignment
3 can be downloaded here. Quiz 4 answer can
be downloaded here. Quiz 5 answer can be
downloaded here.
December
18, 2008. The presentations were done very well.
Those who have presented please make sure that you send a copy
of your powerpoint presentation to me.
December
18, 2008. The final examination topics can be downloaded
here.
December
14, 2008. I have also posted the answer key for
all the suggested exercise from the textbook so that you can try
the questions and check your answers before the final examination.
December
14, 2008. Assignment 3 will be distributed on Thursday,
December 25, 2008. Please submit to Lacey on UIC campus. Assignment
answer key with detailed answers will be posted on December 26,
2008. If you have questions on Assignment 3 during the holidays
when you are preparing for the final examination, you can contact
myself via email or Lacey on campus.
December
12, 2008. Assignment 2 due at the beginning of class
on Thursday, December 18, 2008.
December
12, 2008. For the next session, we will have presentations
on the project by those who have signed up. Limits of 5 minutes,
in English, and in front of the class during the make-up session.
December
12, 2008. Lecture notes for Thursday, December 18,
2008 is available and can be downloaded in the Course
Outline and Lecture Notes section under Lecture 11. We will
have the regular class during the morning and afternoon, then
a make-up session for the New Year holiday will be held from 6pm
to 9pm in B302.
December
8, 2008. Lecture notes for Thursday, December 11,
2008 is available and can be downloaded in the Course
Outline and Lecture Notes section under Lecture 10. We will
have the regular class during the morning and afternoon, then
a make-up session for the Christmas holiday will be held from
6pm to 9pm in B302.
December
5, 2008. Suggested exercises, together with suggested
solutions, chosen from textbook have been added for chapters 7
to 13 and 17 to 19. Please see Course Outline
and Lecture Notes section.
December
5, 2008. Project information. For those that would
like to do the OPTIONAL project, the due date is still on January
8, 2009, but you will need to email your project report to myself
and Lacey. But you MUST send to me your topic first before starting
so I can make sure that you are on the right track. I can also
provide more directions on how to start once I know your topic.
More details can be found on the project information which can
be downloaded in the Assessment section.
You can send me email for more details if needed. For those who
would like to do the presentation to the class, please know that
it would needs to be performed on December 11 or December 18 during
the night time make up class.
December
5, 2008. Answer key for Quiz 3 and Quiz 4 is available
in the Assessment and Course
Outline and Lecture Notes section under Lecture 9.
December
3, 2008. Lecture notes for Thursday, December 4,
2008 is available and can be downloaded in the Course
Outline and Lecture Notes section under Lecture 9. We will
have the regular class during the morning and afternoon, then
a make-up session for the Christmas holiday will be held from
6pm to 9pm in B302.
November
25, 2008. Lecture notes for Thursday, November 27,
2008 is available and can be downloaded in the Course
Outline and Lecture Notes section under Lecture 8.
November
21, 2008. I have went through some questions in
the mid-term test. The marked version of the mid-term test answer
key can be downloaded here. As discussed
in class, please mark your calendar for the following Thursday
nights for make up class due to our Christmas and New Year holiday:
Dec 4, Dec 11, Dec 18. We will hold the make up class from 6pm
to 9pm in UIC.
November
16, 2008. Lecture notes for Thursday, November 20
is available and can be downloaded in the Course
Outline and Lecture Notes section.
November
15, 2008. For the lecture on Thursday, November
20, please bring your lecture notes from the previous week. We
will finish the remaining topics in that set of lecture notes.
November
14, 2008.
Make up classes needs to be arranged. The last two classes of
this course falls on holidays (Christmas Dec 25 and New Year Jan
1), so we need to arrange for two make up classes. I want to make
sure that you have plenty of time to review for the final examination,
so I would like to schedule these make up classes as early as
possible. So be prepared for them and I will let you know once
time and location is confirmed.
November
14, 2008. Just from being there in the mid-term
test, it appears that almost all of you were able to do most of
the questions. I have purposefully included more difficult questions
so that there can be better differentiation for my grading purpose.
The answer key for the mid-term test can be downloaded
here. We will discuss several of the more interesting questions
during the tutorial next week, but if you have questions that
you want to go through in class, please let me or Lacey know.
November
8, 2008. For the mid-term, (a) no formula or formula
sheet will be provided, and (b) please review the textbook materials
relating to the topics discussed in class. For each topic covered,
I have taken out the most relevant and important material to discuss
in class, but there are still supporting or more detailed explanation
that you can study within the textbook for these topics.
November
6, 2008. The mid-term test will be held next Thursday,
November 13, 2008. It will cover ALL material discussed in class
up to and including Lecture 4 Slide 34. You will have multiple
choice questions, true / false questions, several short answer
questions, and several calculation questions. If you have any
questions, please send me an email or check with Lacey at her
office. We will a short 30 minutes review when class starts, then
the mid-term test will be given. The mid-term test will be no
more than 2 hours.
To
help you prepare. The answer key for quiz two can be downloaded
here.
The answer key to homework assignment one can be downloaded
here.
The answer key to the suggested homework questions can be downloaded
here.
If you use an earlier version of the textbook, please check with
Lacey for the correct details of the questions as they are different
between versions.
November
3, 2008. Lecture slides for November 6 available
for download at the Course Outline section.
October
31, 2008. If you cannot access the ftp to download
files, please get the files from Lacey or send us an email so
that we can send the files to you. Homework assignment #1 distributed,
due before class on November 6, 2008. On October 30, we went through
Example 2 to calculate the portfolio return and risk when assets
have different correlations. The answer to Example 2 can be downloaded
here, and the excel worksheet for Example 2 can to downloaded
here. There is one error in one of the correlation coefficient
formula in your notes (am class only), I will go through that
next week.
October
27, 2008. There are several new items that you can
download. The quiz that you took last week (with answer key) can
be downloaded here. There are new lecture
slides for Lecture 4 on October 30, 2008 with more on correlation
coefficient in a portfolio context and two examples that we will
go through in class, it can be downloaded here
(the version for translation can be downloaded
here). Homework assignment #1 can be downloaded
here. Homework assignment #1 is due before class
on November 3, 2008.
October
23, 2008. For Lectures 4 and 5, please bring the
lecture slides from all the previous lectures. I have added suggested
exercises that you can do from the textbook. But as discussed
before, please make sure that it is the right question as my question
number refers to the latest edition of the book; you can borrow
the latest edition of the textbook from Lacey to check. The suggested
exercises are Chapter 2 Q11, Chapter 3 Q4, Chapter 5 CFA Problems
1 to 5, Chapter 6 Q4. We will go through these questions in class
before the mid-term test.
October
22, 2008. Lecture 3 slides are available for downloading.
A student had email and told me that the ftp cannot be accessed
for downloading; if you encountered the same problem in downloading
or accessing, please check with me or Lacey. Please also make
sure that you have the textbook and start to read up on the first
few lecture because the mid-term test
will be in THREE weeks.
October
17, 2008. Lecture 2 slides are available for downloading.
You can look for sources of Chinese textbook at various online
auction sites.
October
12, 2008. Course outline, project outline, and lecture
1 slides are available for downloading.
July
25, 2008. Detailed course outline and lecture notes
will be available when the term begins.
Back
to top || Updates || Course
Outline and Lecture Notes || Lecture Review
|| Course Details || Assessment
Information
ASSESSMENT
Back
to top || Updates || Course
Outline and Lecture Notes || Lecture Review
|| Course Details || Assessment
Information
ALL
in-class quizzes, assignments, mid-term test, and final examination
are INDIVIDUAL effort, meaning that you should
work on your own material and any unscholarly actions prohibited
by the university must be avoided.
I
will post ALL relevant course materials, updated
information, correspondences, and relevant student questions in
the UPDATES section on
this page. Students are responsble to check the UPDATES
section frequently on their own to ensure that they are up-to-date.
I will provide the dates and topics of the updates to easier search.
The
final grade is based on five parts:
| In
class Quiz + class participation (attendence, participation,
and discussion in lectures and tutorials) |
15% |
| Assignments
|
15% |
| Mid-term
test |
20% |
| Final
examination |
50% |
| Total |
100% |
| |
|
| Individual
project (optional) |
5% |
Quiz.
There will be numerous very short in-class quizzes based
on recently taught materials. Together with attendance and class
participation, they will make up for 15% of the total result for
this course.
DOWNLOAD:
quiz one answer key || quiz
two answer key || quiz three
answer key || quiz four answer
key || quiz five answer key
Assignments.
There will be three short assignments composed of multiple choice,
true-and-false, short answers, and calculation questions. The
focus of the assignments is to direct students to concepts, information,
and calculations that they would be expected to perform in both
the mid-term test and final examination. There is generally a
week's time to finish the assignment. The assignments should be
based onindividual efforts and each student should work on their
own assignment. The assignment is due before class starts on the
due date. The three assignments will make up for 15% of the total
result for this course.
DOWNLOAD:
assignment one || assignment
one answer key || assignment
two || assignment two answer
key || assignment three
|| assignment three answer key
Mid-term
test. The mid-term test will be composed of multiple
choice, true-and-false, short answers, and calculation questions
on financial concepts and materials taught up to the time of the
mid-term test in this course. The mid-term test will make up for
20% of the total result for this course.
DOWNLOAD:
mid-term answer key
Final
examination. The final examination will be composed of
multiple choice, true-and-false, short answers, and calculation
questions on financial concepts and materials taught in the course
with an emphasis on materials from the second half of the course.
The final examination will make up for 50% of the total result
for this course.
Individual
project (optional). Each student will perform basic investment
research on a company or an industry. Basic industry analysis,
competitive strategy evaluation, Porter's five forces model, SWOT
analysis, and other analytical models should be performed to result
in a short report for submission. This individual project is OPTIONAL.
Students that submit an individual project report can achieve
a maximum of 5% bonus score to their total result for this course.
More details will be provided when class starts.
DOWNLOAD:
project outline || project
outline for translation
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to top || Updates || Course
Outline and Lecture Notes || Lecture Review
|| Course Details || Assessment
Information
LECTURE
REVIEW Back
to top || Updates || Course
Outline and Lecture Notes || Lecture Review
|| Course Details || Assessment
Information
A
summary of our discussion during the lecture is provided here
for your reivew.
|
October
9, 2008 |
For
this lecture, we discussed a number of logistic and introductory
topics on financial management. Major topics included:
- the
logistics of the course like how the final grades are
determined,
-
some information on the optional research project,
- the
difference between personal financial planning, financial
management (corporate finance), and investment management,
- what
assets and investments are and their characteristics,
- the
roles of the financial markets,
- who
the participants are in the financial markets, what they
do, what kind of jobs they offer, and the nature of these
jobs, and lastly
- some
recent trends in the financial markets.
|
| |
|
| October
16, 2008 |
For
this lecture, major topics discussed included:
- the
various types of financial assets which include fixed
income, equities, indices, derivatives, and cash,
- the
tax exempt status of municipal bonds,
- the
two ways to construct stock market indices,
- the
process of IPO,
- how
securities are traded in the secondary markets, and
- other
related toics like buying on margin, short trading, and
insider trading.
|
| |
|
| October
23, 2008 |
In
this lecture, we discussed:
- risk
and return of a one asset,
- return
is made up of capital gains and recurring income,
- risk
is measured by variance or standard deviation,
- we
started to talk about the effects of holding more than
one investment on risk and return,
- return
is the weighted average of the asset returns,
- risk
is measured by standard deviation AND the correlation
between the assets, and
- for
the next lecture, we will go through an actual calculation
of how correlation affects portfolio risk.
|
| |
|
| October
30, 2008 |
In
this lecture, we continued with our discussion of risk and
return:
- review
of risk and return for one asset,
- expected
return for a portfolio of two assets,
- portfolio
risk of a portfolio of two assets - with positive correlation
coefficient,
- portfolio
risk of a portfolio of two assets - with negative correlation
coefficient,
- assuming
everything constant, effect on portfolio risk and return
when weights of assets varies,
- effect
on portfolio risk and return when both weights and correlation
coefficient varies,
- adding
more assets to derive efficient frontier, and
- characteristics
and special properties of the efficient frontier.
|
| |
|
| November
6, 2008 |
In
this lecture, we extended our existing two assets risk and
return model with:
- risk
free asset as another choice for investment,
- Capital
Allocation Line (CAL) which helps determine how much risk
free and how much the market portfolio to buy,
- individual
investors' utility function and indifference curve,
- combinating
indifference curve with CAL to find best portfolio allocation
for investors,
- use
of leverage in portfolio investment, and
- Markowitz
portfolio selection model, separation property, and passive
investment strategy.
|
| |
|
| November
13, 2008 |
Mid-term
test given. Answer key with explanation can be downloaded
here.
We will discuss questions from the mid-term in next week's
tutorial sessions. |
| |
|
| November
20, 2008 |
Mid-term
questions discussed, and my marked mid-term test answer key
can be downloaded
here.
Then we discussed:
- diversification
in terms of systematic versus non-systematic risk, and
- CAPM,
arbitrage, and multifactor models.
|
| |
|
| November
27, 2008 |
In
this lecture, we went through a short review of our previous
topics to answer the mid-term short answers questions on the
efficient frontier, optimal portfolio, and the indifference
curve. Then we discussed:
- how
CAPM is derived and what beta means,
- concepts
of diversification and systematic versus non-systematic
risks,
- other
models other than CAPM,
- how
to go from theory to real life, and
- market
efficiency.
|
| |
|
| December
4, 2008 |
In
the regular and evening make up lectures, we continued with
our discussion of market efficiency:
- market
efficiency,
- failures
and research on market efficiency,
- research
findings on CAPM,
- behavioral
finance, and
- how
the above factors cause deviations in real life from theories
we learned in class.
|
| |
|
| December
11, 2008 |
In
the regular session, we went through:
- the
basics of technical analysis,
- the
basics of fundamental analysis,
- industry
/ product life cycle,
- Porter's
Five Forces model, and
- sector
rotation.
Then
in the evening make up session, we discussed:
- using
balance sheet information for equity valuation,
- using
the dividend discount model for equity valuation,
- using
price to earnings and other ratios for equity valuation,
- using
free cash flow model for equity valuation, and
- using
financial statement analysis to determine quality of company
for investment.
|
| |
|
| December
18, 2008 |
In
the regular session, we went through:
- the
two ways to calculate returns, time-weighted and dollor-weighted,
- adjust
for risk level of returns using Sharpe, Treynor, Jensen,
and Information Ratio, and
- the
effect of foreign exchange on investment returns.
Then
in the evening make up session, we discussed:
- topics
that is covered for the final exmination,
- presentation
on project, and
- quizzes
4and 5 answer kpt.
|
|
|
Back
to top || Updates || Course
Outline and Lecture Notes || Lecture Review
|| Course Details || Assessment
Information
COURSE
OUTLINE AND LECTURE NOTES Back
to top || Updates || Course
Outline and Lecture Notes || Lecture Review
|| Course Details || Assessment
Information
Chapter
based on the 8th edition of the textbook, if you use an earlier
version of the book, please check chapter content to read correct
material.
This
course outline is tentative and subject to change based on our
progress. Please check the UPDATES section
and table below for latest information.
Course
outline can be downloaded
here.
"Skim"
= should review the chapter briefly but focus on parts discussed
in the lecture for test and examination purposes.
Reading
= should read the chapter and understand the concepts as questions
based on these material might appear in test and examination.
| PART
I. INTRODUCTION. Introduction to Investment Management,
its role in the world of finance, and how it fits with other
topics that you have learned. |
| Lecture
1 |
|
|
|
| October
9, 2008 |
Introduction
to investment management, logistics and other details |
|
|
| |
Suggested
exercises: Chapter 2 Q11, chapter 3 Q4 (DOWNLOAD:
suggested
exercise key) |
|
|
| |
|
|
|
| PART
II. FINANCE THEORIES ON RISK AND RETURN - MODERN PORTFOLIO
THEORY AND ASSET PRICING. Financial assets are measured by
the two parameters of risk and return, and the modern portfolio
theory provides a framework to standardize these two measures
so that assets can be priced correctly. This is an important
theoretical foundation upon which most subsequent finance
theories are based. |
| Lecture
2 |
Reading:
Chapter 5 and 6
(DOWNLOAD: lecture slides
|| lecture slides for translation) |
|
|
| October
16, 2008 |
Introduction
to Investment Management, Risk and return |
|
|
| |
Suggested
exercises: Chapter 5 CFA Problems 1 to 5, Chapter 6 Q4 (DOWNLOAD:
suggested
exercise key) |
|
|
| |
|
|
|
| Lecture
3 |
Reading:
Chapter 7
(DOWNLOAD: quiz 1 key
|| lecture slides ||
lecture slides for translation) |
|
|
| October
23, 2008 |
Optimal
risky portfolios |
|
|
| |
Suggested
exercises: Chapter 7 Q1, 4 to 19, CFA Problems 4 to 11 (DOWNLOAD:
ch
7 suggested exercise key) |
|
|
| |
|
|
|
| Lecture
4 |
Reading:
Chapter 9
(DOWNLOAD: lecture slides
|| lecture slides for translation
|| example 2 Answer ||
example 2 Excel) |
|
|
| October
30, 2008 |
Capital
asset pricing model |
|
|
| |
Assignment
One distribution (DOWNLOAD:
assignment
one) |
|
|
| |
Suggested
exercises: Chapter 9 Q5, 13 to 16 and 19 (DOWNLOAD:
ch
9 suggested exercise key) |
|
|
| |
|
|
|
| Lecture
5 |
Reading:
Chapter 8 and 10
(DOWNLOAD: quiz 2 key
|| suggested exercise key
|| lecture slides ||
lecture slides for translation) |
|
|
| November
6 , 2008 |
Index
models, arbitrage pricing theory, multifactor models of risk
and return |
|
|
| |
ASSIGNMENT
ONE DUE before class (DOWNLOAD:
assignment one answer key) |
|
|
| |
Mid-term
test review |
|
|
| |
Suggested
exercises: Chapter 8 Q6, 7 and 17 (DOWNLOAD:
ch
8 suggested exercise key) |
|
|
| |
Suggested
exercises: Chapter 10 Q5, 10, CFA Problem 2 (DOWNLOAD:
ch
10 suggested exercise key) |
|
|
| |
|
|
|
| Lecture
6 |
Mid-term
test review |
|
|
| November
13, 2008 |
MID-TERM
TEST (DOWNLOAD:
mid-term answer key) |
|
|
| |
|
|
|
| PART
III. SECURITIES ANALYSIS. Based on the theoretical framework
of modern portfolio theory, we will study ways in which various
assets are evaluated. |
| Lecture
7 |
Reading:
Chapter 11
(DOWNLOAD: lecture slides
|| lecture slides for translation) |
|
|
| November
20, 2008 |
Mid-term
test discussion (DOWNLOAD:
MARKED mid-term answer key) |
|
|
| |
Market
efficiency |
|
|
| |
Suggested
exercises: Chapter 11, Q6, 7, 9, 13, 17, 19, CFA Problems
1 to 6 (DOWNLOAD:
ch
11 suggested exercise key) |
|
|
| |
|
|
|
| Lecture
8 |
Reading:
Chapter 12 and 13
(DOWNLOAD: lecture slides
|| lecture slides for translation) |
|
|
| November
27, 2008 |
Behavioral
finance and empirical evidence |
|
|
| |
Suggested
exercises: Chapter 12 Q2 to 4 (DOWNLOAD:
ch
12 suggested exercise key) |
|
|
| |
|
|
|
| Lecture
9 |
Reading:
Chapter 17 and 18
(DOWNLOAD: quiz 3 key
|| quiz 4 key || lecture
slides || lecture slides
for translation) |
|
|
| December
4, 2008 |
Economical
factors and equity valuation models |
|
|
| |
Suggested
exercises: Chapter 17 Q8 to 11, 14, CFA Problems 2 to 5 (DOWNLOAD:
ch
17 suggested exercise key) |
|
|
| |
Suggested
exercises: Chapter 18 Q6, 8 to 10, 14 to 17 (DOWNLOAD:
ch
18 suggested exercise key) |
|
|
| |
|
|
|
| Lecture
10 |
Reading:
Chapter 19
(DOWNLOAD: assignment two
|| lecture slides ||
lecture slides for translation) |
|
|
| December
11, 2008 |
Financial
statement analysis |
|
|
| |
Assignment
Two distribution (DOWNLOAD:
assignment
two) |
|
|
| |
Suggested
exercises: Chapter 19 Q4 to 6, CFA Problems 3, 7 to 9, 13
to 15, 17 (DOWNLOAD:
ch
19 suggested exercise key)
|
|
|
| |
|
|
|
| PART
IV. PORTFOLIO MANAGEMENT - MANAGEMENT, DIVERSIFICATION, PERFORMANCE
EVALUATION . Asset returns and their level of risk interact
and change when they are combined into a portfolio. In this
section, we will learn about this interaction, its use and
measurement, and its application in real life situation. |
| Lecture
11 |
Reading:
Chapter 4, 14, 15, 20, 21, 22, 23 (all skim)
(DOWNLOAD: quiz 5 key
|| lecture slides ||
lecture slides for translation) |
|
|
| December
18, 2008 |
Mutual
funds and other investment companies, options, futures and
swaps |
|
|
| |
ASSIGNMENT
TWO DUE before class (DOWNLOAD:
assignment two answer key) |
|
|
| |
Assignment
Three distribution (DOWNLOAD:
assignment three) |
|
|
| |
Suggested
exercises: Chapter 4 Q7 (DOWNLOAD:
ch 4 suggested exercise key)
|
|
|
| |
Suggested
exercises: Chapter 14 Q5, 7 to 10, 14, CFA Problem 2 (DOWNLOAD:
ch 14 suggested exercise
key)
|
|
|
| |
Suggested
exercises: Chapter 15 Q8, CFA Problems 2 to 3 (DOWNLOAD:
ch 15 suggested exercise
key)
|
|
|
| |
Suggested
exercises: Chapter 20 Q6, 7, 12, 14 to 16, 22, 23 (DOWNLOAD:
ch 20 suggested exercise
key)
|
|
|
| |
Suggested
exercises: Chapter 21 Q2 to 4, 11 to 13, 28 (DOWNLOAD:
ch 21 suggested exercise
key)
|
|
|
| |
Suggested
exercises: Chapter 22 Q9 to 10, 12, CFA Problems 1 to 3 (DOWNLOAD:
ch 22 suggested exercise
key)
|
|
|
| |
Suggested
exercises: Chapter 23 Q7 to 8 (DOWNLOAD:
ch 23 suggested exercise
key)
|
|
|
| |
|
|
|
| Lecture
12 |
Reading:
Chapter 24 and 25 |
|
|
| December
18, 2008 |
Performance
evaluation and international diversification |
|
|
| |
Suggested
exercises: Chapter 24 Q5, 6, 14, CFA Problems 1, 5 to 6, 10,
12 to 13, 16 (DOWNLOAD:
ch 24 suggested exercise
key)
|
|
|
| |
Suggested
exercises: Chapter 25 Q3, CFA Problems 2 to 3 (DOWNLOAD:
ch 25suggested exercise key)
|
|
|
| |
|
|
|
| Lecture
13 |
Reading:
Chapter 26 and 27 |
|
|
| December
18, 2008 |
Portfolio
management and active portfolio management |
|
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| December
25, 2008 |
ASSIGNMENT
THREE DUE (DOWNLOAD:
assignment three answer key) |
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| January
7, 2009 |
FINAL
EXAMINATION |
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| January
8, 2009 |
INDIVIDUAL
PROJECT (OPTIONAL) DUE (DOWNLOAD:
project
outline || project outline
for translation) |
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| February
4-8, 2009 |
SUPPLEMENTARY
EXAMINATION |
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Back
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Outline and Lecture Notes || Lecture Review
|| Course Details || Assessment
Information
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