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2016/2017  BA-BHAAI1066U  Principles of Investment Finance

English Title
Principles of Investment Finance

Course information
Language English
Course ECTS 7.5 ECTS
Type Elective
Level Bachelor
Duration Summer
Start time of the course Summer
Timetable Course schedule will be posted at calendar.cbs.dk
Study board
Study Board for BSc in Economics and Business Administration
Course coordinator
  • Course instructor - Thomas P. Duffin, PhD. Bryn Mawr College Graduate School of Social Work, td.acc@cbs.dk
    Sven Bislev - Department of Management, Society and Communication (MSC)
In case of any academic questions related to the course, please contact the course instructor or the academic director, Sven Bislev at sb.ikl@cbs.dk.
Main academic disciplines
  • Finance
Last updated on 29/05/2017
Learning objectives
To achieve the grade 12, students should meet the following learning objectives with no or only minor mistakes or errors:
  • Be familiar with the theories and practices of investment management
  • Be able to explain and employ the investment terms and the various tools used by investment professionals
  • Be able to produce financial budgets and make financial decisions
Course prerequisites
None
Examination
Principles of Investment Finance:
Exam ECTS 7.5
Examination form Written sit-in exam
Individual or group exam Individual exam
Assignment type Written assignment
Duration 4 hours
Grading scale 7-step scale
Examiner(s) One internal examiner
Exam period Summer, Ordinary exam: End of July - beginning of August 2017.

Retake exam: End of September - beginning of October 2017.

3rd attempt (2nd retake) exam: End November - beginning of December 2017.

Exam schedule is available on http://www.cbs.dk/summer http:/​/​www.cbs.dk/​uddannelse/​summer-university-programme/​exam.
Aids allowed to bring to the exam Closed book: no aids
Make-up exam/re-exam
Same examination form as the ordinary exam
If the number of registered candidates for the make-up examination/re-take examination warrants that it may most appropriately be held as an oral examination, the programme office will inform the students that the make-up examination/re-take examination will be held as an oral examination instead.
4 hour written sit-in exam, new exam question
Exam form for 3rd attempt (2nd retake): 72 hours home project assignment, max. 10 pages.
Course content and structure

The goal of this course is to introduce students to the fundamentals of finance and to the world of financial markets. We will discuss stocks and bonds and their valuation, fundamentals of investing, the principle of risk and return, portfolio construction, financial planning and budgeting. We will also explore the new world of Impact Finance which creatively combines the goals of financial returns with an emphasis on social impacts.

 

Class 1: Overview of Finance and Financial Assets

Class 2: Financial Markets and Investment Banking Process

Class 3 Valuation Concepts of Stocks

Class 4 Risk and Rates of Return of Various Asset Classes

Class 5 Fundamental Analysis of Stocks

Feedback activity: Group projects of selecting portfolios

Class 6 Fixed Income and Bond Investing

Class 7 Asset Allocation and Risk Management

Class 8 Portfolio Management and Construction

Class 9 Mutual Funds and Investment Vehicles

Class 10 Financial Planning and Budgeting

Class 11:  New Trends: Impact Finance
Teaching methods
A combination of lecture, group discussion and small group projects will be employed in each session. Each class session will have three components on each topic: 1.) what can go right 2.) what can go wrong and 3.)what will happen. Students will be encouraged to evaluate the pros and cons of the various topics and draw conclusions as to likely outcomes. The objective is for students to develop a critical perspective of Impact Investing and Finance and its impact on various communities.
Student workload
Preliminary assignment 10 hours
Classroom attendance 33 hours
Preparation 144 hours
Feedback activity 7 hours
Examination 12 hours
Further Information

Preliminary Assignment: To help students get maximum value from ISUP courses, instructors provide a reading or a small number of readings or video clips to be read or viewed before the start of classes with a related task scheduled for class 1 in order to 'jump-start' the learning process.

 

Feedback Activity: A feedback activity defined by the course instructor will take place approx. half-way through the course.

 

Course timetable is available on http://www.cbs.dk/uddannelse/summer-university-programme/courses.

 
Expected literature

PRIMARY LITERATURE (MUST-HAVE BOOK):

 

Zvi Bodie, Alex Kane, Alan Marcus

Essentials of Investments

ISBN-13: 978-0077835422; ISBN-10: 0077835425

McGraw Hill; 10th Edition, 2016
Last updated on 29/05/2017