Course Policies:

I strive to treat students with dignity and fairness. I try to be sensitive to the diversity (including diversity of opinions) that exists within the student body.

 
Cheating:
For group work: All groups should work independently. You may collaborate with members of your group, but may not discuss any aspect of project or case with other groups. Sharing information or ideas between groups will be considered cheating and discovered violators will be subject to severe sanctions. 
 
For exams and individual assignments: All individuals should work independently. The problem set or examination  with the traces of other persons' works or traces of  last year solutions sheets will be deemed as unacceptable and discarded. Violators will be subject to severe sanctions. Unfortunately, in the case of exams and problem sets it is impossible to distinguish between the cheater and  the person who provide his or her work to cheaters. Thus, all parties involved will be treated equally severe. 

Here is how it happen....

One more...

And the last one.

Here student insists that he is innocent of cheating.

 

Readings:

 

Readings should be done in advance of class in which material will be discussed. The outline below will advise of the relevant topic of discussion. The required readings are marked with (X). Students can access supplemental readings through me directly.  Please note: I do not require you to understand any small detail of econometric technique, but one should be able to extract and digest the main idea of the paper This is, of course, in addition to the important reading of the Wall Street Journal for the course investment project.  Some of the classes require a lot of reading, please plan ahead!

I  am also putting some "extra" readings on the list (marked EXTRA). Those readings are for your enjoyment. They are not part of the package (mostly).  However, if possible, I will provide hyperlink for PDF file. You should read them if you feel that the course is not challenging enough for you.

 

Financial Data:

You have plenty of data available to you on the web. In addition, Finance Department has plenty of data you can use. Two databases you should use the most are 

DATASTREAM

IBBOTSON ASSOC.

Both are available through Finance Dept. library PC. Full list of databases can be found here

I will provide you with all the data you need for the cases in Excel format . However, gathering the data that are used in investment project is your own responsibility.

 

Attendance:
 

Preparation and discussion of cases are integral part of this course. This means that students have to attend case discussions.

I also expect ALL of you to attend guest lecture.

Written Reports:

 

Each study group will also prepare a written report on the case. This will involve answers to the series of questions discussed above for the presentations. Each report should be typed, double-spaced and generally no more than N pages in length, not including tables and graphs (normally N=5, precise number will be specified for each case/assignment). The report will be graded on the basis of the quality of the research, as well as of the professional presentation (neatness, clarity of exposition, etc.). I would encourage you to submit this report via Email in Word with appended Excel graphs/charts in order to save paper. I will strive to give you feedback in the form of a memo, also via E-mail, which will record your grade. I will assign the same grade to each member of the group, unless there is a compelling reason to do otherwise. 

Late assignments  cannot be accepted for credit except for the most serious reasons. As such I consider serious family matters, serious health problems (certified!), etc. For anything else (late party, job interview, even the project for other course) here is my response: .

NB: Please note that for some case sessions the class will be divided into two parts. In this case, the deadline of submitting the case is the EARLIEST class date for BOTH groups. 

NB: As a result of my previous experience: All written reports should be 

1. Double-spaced with decent margins.

2. Typed using Times New Roman 12pt font.

3. Title page should contain your group number, names and student id's.

4. Within predefined length limits. I reserve the right to lower the grade if the length of your report sufficienty exceeds the limit (although I am not going to punish you for half page over the limit or so)

 

Mobile Phones:
 

They should be switched off during the class. I am the only guy who can answer the phone call in my classroom.

 

Class participation:

 

Part of the grade is coming from  class participation. Please note that those are normally "bonus points" and there is no entitlement for those points. I will not accept any complaints of the type "can you give me more points for my class participation?"

To get those one should actively participate in case discussions and group presentations. I would encourage students to have their name tags on during case discussions. 

Note that visits during my office hours are NOT counted towards class participation grade (either explicitly or implicitly).

 

Complaints re. grading:

 

All problems re. case/assignment grading should be settled within 7 days after the grade was initially announced. 

Late complaints  cannot be accepted for credit except for the most serious reasons. As such I consider serious family matters, serious health problems (certified!), etc. For anything else (late party, job interview, even the project for other course) here is my response: .

I am ready to entertain your complaint if you can submit me short memo that describes EXACTLY what you think was the problem with the grading. 

Please note that the appeal is not a free option. On appeal your grade can go up or down...