Essex Business School
Postgraduate: Level 7
Thursday 03 October 2019
Saturday 14 December 2019
07 October 2019
Requisites for this module
MSC N42012 Accounting and Finance,
MSC N31012 Banking and Finance,
MSC N30012 Finance,
MSC N39012 Finance and Investment,
MSC N39024 Finance and Investment,
MSC N30212 Finance and Management,
MSC N30112 International Finance,
MSC N3G312 Finance and Data Analytics,
MSC N35112 Finance and Global Trading,
PHD N30048 Finance
The module covers the main concepts such as valuation, efficient diversification, managing risk exposures, portfolio management styles and performance measurement that are at the core of managing investment portfolios and pays special attention to the practicalities of implementation. The module content will therefore contain a balance between theoretical models and their practical applications.
The objective of this module is to immerse the student in the process of portfolio management. The module is specifically designed for students with an interest in becoming portfolio managers.
By the end of this module students should be able to:
1. Value equity investments using a set of alternative methods
2. Perform basic bond valuation
3. Acquire a critical understanding of the centrality of efficient diversification in portfolio management
4. Understand equity and bond portfolio management strategies and styles
5. Manage portfolio risk
6. Perform basic macroeconomic analysis
Skills for your professional life (Transferable Skills)
The module is geared towards building up or enhancing the following transferable skills:
- Fluency in Excel in general, Excel's Solver function in particular, within the context of portfolio optimisation.
- Ability to use the Bloomberg Professional terminal to retrieve corporate data and perform analytics.
- Being able to write a valuation report on a stock using discounted free cash flows.
- Ability to prepare a professional report on portfolio management research undertaken within a group environment
- Being able to interpret financial data and problems in light of established theories
- Develop rigorous theoretical arguments based on mathematical and analytical reasoning
No additional information available.
Delivery consists of one two-hour lecture per week for ten consecutive weeks and weekly one-hour computer labs or classes. You are expected to do the relevant reading and preparation before the lecture. It is strongly recommended that you also do additional reading to supplement the lecture material.
- Reilly, Frank K.; Brown, Keith C.; dawsonera. (c2012) Analysis of investments & management of portfolios, [Mason, Ohio?]: South-Western.
- Reilly, Frank K.; Brown, Keith C. (2015) Analysis of investments and management of portfolios, Andover: Cengage Learning.
The above list is indicative of the essential reading for the course. The library makes provision for all reading list items, with digital provision where possible, and these resources are shared between students. Further reading can be obtained from this module's reading list.
Assessment items, weightings and deadlines
|Coursework / exam
||120 minutes during Early Exams (Main)
Module supervisor and teaching staff
Dr Cheng Yan
Dr Nikolaos Papanikolaou
Senior Lecturer in Accounting & Finance
Available via Moodle
Of 39 hours, 30 (76.9%) hours available to students:
9 hours not recorded due to service coverage or fault;
0 hours not recorded due to opt-out by lecturer(s).
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