Objectives, Official Description and Prerequisites - Course Resources - Course Policies - Grades - Cases and Assignments - Investment Project - Schedule and Reading List  - Links  - Students' Projects - Course Evaluation

Objectives:

The main task of the course is to provide the students with intellectual and analytical framework that allows them to evaluate the “real world” of investments.  We will focus mostly on the problems faced by investors in choosing among numerous available investment opportunities. We will go through strategic asset allocation, tactical asset allocation and market-neutral strategies. Both the theory and the empirical evidence are reviewed. Also, special topics, such as hedging, portfolio insurance, and behavioral biases are covered.  The project is designed to give you “hands on” knowledge of major concepts in investments.  The course is essential for any business professional that wants to make his career as investment banker or as a corporate treasurer.

Constraints:

I am limiting the number of students to 50. If there is significant oversubscription, we will try to solve the problem to mutual satisfaction. However, it is not fair either to me or to students to pack the course to the extend where any interaction between students and teacher is impossible.

Timing:

I am planning for 16 sessions in January-March of 2002. During two last sessions you will present the ideas for your investment project. Then you are welcome to start simulated trading exercise. The results are going to be presentsed in May. Thus, the final grade is due in May as well.

Key Contacts:

Lecturer: Assistant Professor Andrei Simonov, room 677, telephone +46-8-736 91 59; andrei.simonov@hhs.se

• Andriy Bondaruk, room 115, telephone +46-8-736 9385; finab@hhs.se

Secretary: Ms. Eva Eklund, room 688, telephone +46-8-736 91 49, finee@hhs.se