Moodle

The objective of this module is to immerse the student in the process of portfolio management. The module is specifically designed for students with an interest in becoming portfolio managers. The module covers the main concepts such as valuation, efficient diversification, managing risk exposures, portfolio management styles and performance measurement that are at the core of managing investment portfolios and pays special attention to the practicalities of implementation. The module content will therefore contain a balance between theoretical models and their practical applications.

Learning Aims and Outcomes

By the end of this module students should be able to:

1. Value equity investments using a set of alternative methods
2. Perform basic bond valuation
3. Acquire a critical understanding of the centrality of efficient diversification in portfolio management
4. Understand equity and bond portfolio management strategies and styles
5. Manage portfolio risk
6. Perform basic macroeconomic analysis

Skills for your professional life (Transferable Skills)

The module is geared towards building up or enhancing the following transferable skills:
- Fluency in Excel in general, Excel's Solver function in particular, within the context of portfolio optimisation.
- Ability to use the Bloomberg Professional terminal to retrieve corporate data and perform analytics.
- Being able to write a valuation report on a stock using discounted free cash flows.
- Ability to prepare a professional report on portfolio management research undertaken within a group environment
- Being able to interpret financial data and problems in light of established theories
- Develop rigorous theoretical arguments based on mathematical and analytical reasoning