Particular attention is given to the correlation of short term economic forecasts to sales trends in basic industries, interest rate levels, hot money movement, export-import balances, flow of funds, and true stock market performance. Financial models and statistical software will be used. Junior standing is required. FIN312 Investments This course offers a broad perspective on investment objectives and determinants of investment decision making. Students are introduced to returns and risks from investing, and characteristics and analytic pricing techniques of investment securities.
Portfolio management is introduced as a framework for developing security pricing models.
Analysis of security operations and trading procedures in the capital markets is also presented. Development of pricing models from arbitrage arguments are used as the basis for identifying speculative and hedging applications involving equity securities and commodity options and futures. Applications of derivatives on equity securities in investments and corporate financial management are developed. The analysis, selection and management of debt securities are the topics in this course. The increasing complexity of the types and characteristics of debt securities being issued globally requires special analysis, with an understanding of options and futures concepts.