Investment Summary

Description

Discuss core concepts in finance, including risk, return, risk premium and risk aversion; Analyse the portfolio selection problem, with emphasis on the mean variance framework; Develop techniques to evaluate the performance of money managers; Critically evaluate theories of asset pricing and their applications in the pricing of securities; Analyse issues in the pricing of fixed interest securities and the management of portfolios; Critically evaluate theories of the term structure of interest rates; Discuss issues in the pricing of derivative securities and their application in risk management.