The aim of the course is to expand students' knowledge in the field of securities portfolio management, i.e. financial asset management in terms of optimal selection of securities and optimal allocation of funds. Students will thereby acquire the knowledge necessary for work in pension and investment funds, portfolio management in financial institutions, and for managing individual investments.
1. Introduction to the course.
2. Investment and pension funds (types and portfolio management strategies).
3. Trading in securities on financial markets.
4. Risk and return when investing in securities.
5. Inflation and real rate of return.
6. Composition of securities portfolio.
7. Diversification and portfolio risk.
8. Capital Asset Pricing Model (CAPM).
9. Securities valuation models.
10. Bond portfolio management.
11. Contemporary perspectives on portfolio management.
After completing the course, the student will be able to:
1. assess the risk and return of various securities,
2. argue an opinion on the applicability of capital asset pricing models in emerging markets,
3. form an immunized portfolio of bonds,
4. evaluate different investment strategies in securities and draw a conclusion about the optimal investment strategy.
