This course is to provide students insights on asset valuation, portfolio management, and analyses on fixed-income and derivative securities. It is designed to associate theoretical investment framework with empirical practices. Upon the completion of this course, students will comprehend the key investment theories and models as well as empirical implications for the financial markets.

This course is to provide students insights on asset valuation, portfolio management, and analyzes on fixed-income and derivative securities. It is designed to associate theoretical investment framework with empirical practices. Upon the completion of this course, students will comprehend the key investment theories and models as well as empirical implications for the financial markets.

The topics covered in this course will follow the major structure of the textbook that supply you the classical learning aids and convenience. The first part of the class will cover the investment background and major developments in investment theory. Then we will study asset pricing principles as the basis for stock and bond valuation. Fixed income securities will be learned in the last part of the class. This class will also offer virtual trading practices that prepare students for the stronger demand of such experience from the financial industries.

The topics covered in this course will follow the major structure of the textbook that supply you the classical learning aids and convenience. The first part of the class will cover the investment background and major developments in investment theory. Then we will study asset pricing principles as the basis for stock and bond valuation. Fixed income securities will be learned in the last part of the class. This class will also offer virtual trading practices that prepare students for the stronger demand of such experience from the financial industries.

1.Reilly, Frank, and Keith Brown, Investment Analysis and Portfolio Management, South-Western Cengage Learning。(CFA designated text)
2.Journal papers

1.Reilly, Frank, and Keith Brown, Investment Analysis and Portfolio Management, South-Western Cengage Learning. (CFA designed text)
2. Journal papers