|Year of offer||2019|
|Subject level||Graduate coursework|
|Fees||Subject EFTSL, Level, Discipline & Census Date|
Investments is designed to provide you with the tools of modern finance for devising and evaluating financial portfolios and to make better investment choices. To this end we discuss and develop valuation techniques of financial instruments and working knowledge of portfolio management, pricing and hedging with options on individual stocks and indexes, forwards and futures contracts, monetary policy and how the conduct of monetary policy affects investment performance, devising investment strategies exploiting market inefficiencies.
Intended learning outcomes
On completion of this subject, students should be able to:
- Value important classes of financial assets such as common stocks, fixed-income securities, and derivative securities.
- Build a diversified portfolio and assess portfolio performance.
- Use financial derivatives as hedging instruments in portfolio creation and management.
- Understand how money is created, how monetary policy is implemented and the effect of central banks decisions’ on the performance of their investment portfolios.
- Devise investment strategies robust to financial crises and also those that exploit certain inefficiencies of financial markets.