723 M2200-02 Investment Management Fall, 2010
Hsien-Chan Ho


I. Textbook: Elton,Gruber,Brown and Goetzmann, Modern Portfolio Theory and Investment Analysis, 8th ed.,2010(Hua-Tai, 2377-3877)

II. Course Schedule
9/14 Introduction
9/21 Ch.2 Financial Securities & Ch.3 Financial Markets
9/28 Ch.4 The Characteristics of the Opportunity Set Under Risk
10/5 Ch.5 Delineating Efficient Portfolios
10/12 Ch.6 Techniques for Calculating the Efficient Frontier
10/19 Ch.7 The Correlation Structure of Security Returns: The Single Index Model
10/26 Ch.9 Simple Techniques for Determining the Efficient Frontiers
11/2 Ch.13 The Standard Capital Asset Pricing Model
11/9 Mid-Term Exam
11/16 Ch.14 Nonstandard Forms of Capital Asset Pricing Models
11/23 Ch.15 Empirical Tests of Equilibrium Models
11/30 Ch.16 The Arbitrage Pricing Model
12/7 Ch.17 Efficient Markets & Ch.23 Option Pricing Theory
12/14 Ch.24 The Valuation and Uses of Financial Futures
12/21 Ch.25 Evaluation of Portfolio Performance
12/28 Review
1/4/2011 Final Exam


III. Evaluation
Mid-Term Exam 50%
Final Exam 50%
Total 100%

IV. Notes
1. Students are expected to attend all the class meetings. No make-up Exams.
2. The course syllabus provides a general plan for the course; deviations may be necessary.