Pre-requisite: 51111
Investment analysis and portfolio management are important to both individuals who manage their own personal investment and investment managers who invest on behalf of their clients or companies. This unit aims to consolidate the investment and portfolio theories to make investment and portfolio decisions. Coverage includes valuation of major investments such as bond, stock, option and futures, and determination of their proportions in a portfolio. Emphasis is placed on the analytical aspects of the valuation and decision making process to enable students to adapt the established but often simplified theories and models in the more sophisticated and dynamic financial world.