Course No: Act 622
Course Name: Investment Analysis & Portfolio Management
Course Description:
Portfolio management: Characteristics, markets and traditional asset. Classes (Govt. Bonds, Corporate Bonds, equities and money market) pay off structures of derivatives and options. Portfolio theories, CAPM, APT, Markowitz efficient frontiers (Modern Portfolio Theory) and Downser Risk, Risk of investments markets.
Pricing Techniques, continuous and discrete interest rate model solutions, option pricing, volatilities and correlation, behavior finance, limitations of various option, pricing techniques, execution time, impact of expenses & faxes, credit risk and other risks.
Asset Liability Management: nature of liabilities, including insurance company obligations (life, health and property/casualty) bank liabilities, pension & benefit funds. Funding objectives, risk/return dynamics, (regulatory environment, asset-liability management frame work.
Course Review: