Course Descriptions
Course No. Course Description Credit
2604631

Investment and consumption decisions under certainty and uncertainty; expected utility theory; stochastic dominance; portfolio theories; asset pricing theories; market efficiency; capital budgeting; asymmetric information.

2
2604632

Agency problems; separations of control and ownership; executive compensation; financing choices; capital structure theories; dividend policy.

2
2604643

Derivative markets; options and trading strategies; option pricing models; option price sensitivities; futures and trading strategies; swaps; forward rate agreements; interest rate options; value at risk (VaR) approaches; real options.

3
2604647

Techniques for financial statement analysis and their interpretation for decision making; uses of financial statement information in practices; demand and supply of financial statement information; quality of financial statement information; credit analysis; security analysis; risk analysis; corporate valuation.

3
2604662

Alternative investment strategies: hedge funds, real estate, and private equity; risk-return characteristics of various alternative investments; use of alternative investments to enhance portfolio risk-return tradeoffs.

2
2604663

Initial public offerings; seasoned equity offerings; rights offerings; private placement of equity; debt offerings; convertible debt; venture capital financing; mergers and acquisitions; corporate diversification; securities market regulations and corporate governance; event-study methodology.

Condition: Prerequisite 2604631 and 2604632

2
2604664

Concepts, process and construction of investment portfolios; portfolio management strategies and diversification; portfolio performance evaluation; portfolio management for individual and institutional investors; asset allocation.

2
2604665

Basic and advanced portfolio performance evaluation models; applications of performance evaluation and attribution techniques; measuring portfolio performance without knowledge of the proper model; measuring market timing; measuring hedge fund performance.

2
2604666

Theoretical foundations of behavioral finance; overconfidence; representative heuristic; attribution theory; anchoring; prospect theory; limits to arbitrage; market anomalies; corporate behavior.

2
2604667

Market microstructure models; order types; order submission strategies; trader types; behavior of informed traders; probability of informed trading; price discovery; origins of liquidity and volatility; transaction cost measurement.

2
2604668

Corporate governance; compliance and other related issues; strategic compliance management; integration of corporate governance, risk management and compliance.

2
2604669

Advanced tools of financial risk management; credit derivatives; credit risk modeling; credit scoring; option-based models; credit migration models; reduced form models; applications of risk management for financial institutions; developments and current issues in risk management.

Condition: Prerequisite 2604643

2
2604670

Market efficiency and valuation; discounted cash flow valuation; relative valuation; residual income valuation and economic value added; option application for stock valuation; technical analysis.

2
2604674

Statistical techniques and econometrics for financial research; linear regression analysis; hypothesis testing; large sample statistical theory; relaxing assumptions of classical linear regression models; univariate time series analysis

3
2604678

Financial system and institutions; aggregate demand and supply; money creation; roles of expectation on markets and policy; monetary and fiscal policies; economic indicators.

2
2604679

International monetary systems; the balance of payments; international parity conditions; exchange rate determination; exchange rate forecast; foreign exchange markets; international financial markets; measuring and managing exposure to exchange rate risk.

2
2604680

Code of ethics; standards of professional conduct; ethics in the investment profession.

1
2604687

Introduction to programming; data manipulation techniques; software project management; spreadsheet application.

2
2604688

Financial modeling; portfolio optimization; exotic derivatives; structured products; simulation and numerical methods for derivative valuation; financial innovation; cases in financial engineering.

2
2604690

Fixed income securities and markets; bond valuation; risk measurement of bonds; term structure of interest rate; yield curve fitting; bond portfolio management; interest rate derivatives.

2
2604896
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