This course covers “security investments”, a main subject of finance courses in business school in the US and Europe as well as “corporate finance”. “Investments in securities II” mainly discusses more practical aspects of different asset classes and portfolio management.
This course aims that students will be able to understand the nature behind price movements and events in the financial markets by gaining solid understandings of practice as well as theories of financial systems, asset classes, asset valuation and portfolio management.
Students will learn the following skills from taking this course.
1) Be able to explain about asset classes and respective investment strategies
2) Be able to explain about risk premium and investment ideas based on the risk premium
3) Be able to explain about portfolio management
4) Be able to consider the nature behind price movements and events in the financial markets by themselves
|✔ Applicable||How instructors' work experience benefits the course|
|An instructor with work experiences in the asset management industry will provide hands-on education in finance theory, based on practice in the field that features the practical application of the theories.|
Time Value, DDM, Yield Curve, Portfolio, Forecast, Building bloc, Risk Premium, Derivatives
|✔ Specialist skills||✔ Intercultural skills||Communication skills||Critical thinking skills||✔ Practical and/or problem-solving skills|
Lecture style with some class interactions with quiz and financial news. Students are encouraged to participate actively. Welcome questions in class
|Course schedule||Required learning|
|Class 1||Time value and DCF||To understand DCF analysis|
|Class 2||Stock valuation||To understand stock valuation on DDM|
|Class 3||Fixed Income valuation 1||To understand basics of fixed income assets|
|Class 4||Fixed Income valuation 2||To understand fixed income valuation|
|Class 5||Derivatives Instruments (Futures/Forwards/Options)||To understand derivative pricing|
|Class 6||Investing globally||To understand impacts by foreign exchanges|
|Class 7||Portfolio management||To understand basics of practical portfolio management|
To enhance effective learning, students are encouraged to spend approximately 100 minutes preparing for class and another 100 minutes reviewing class content afterwards (including assignments) for each class.
They should do so by referring to textbooks and other course material.
No text book is set.
Investments/Zvi Bodi et al.
Shin-Shouken Touhiron I/ Takao Kobayashi and Toshio Serizawa
Shin-Shouken Touhiron II/ Keisuke Ito et al.
Report and quiz: 100% Active class participation can be plus
TIM.A536 ： Investments in securities I (Preferable, NOT required)