SemesterSpring Semester, 2021
DepartmentIntegrated Curriculum by Dept. of Finance
Course NameInvestments
InstructorCHOW HSING-YI
Credit3.0
Course TypeRequired
PrerequisiteEconomic Analysis、Economics、Intro Microeconomics、Introduction to Economics、Principle of Economics,Fundamental Accounting (I)、Fundamental Accounting(I)、Priciple of Accounting,Financial Accounting Q4、Fundamental Accounting (II)、Fundamental Accounting(II)
Course Objective
Course Description
Course Schedule








  1. (2/24) Introduction and get acquainted 



Chpt. 1 and investment process




  1. (3/3) Securities markets, mutual funds and trading mechanism  



Chpt. 2, 3, 4




  1. (3/10) Securities markets, mutual funds and trading mechanism



Chpt. 2, 3, 4




  1. (3/17) Risk and return



Chpt. 5




  1. (3/24) Efficient diversification



Chpt. 6




  1.     (3/31) Capital asset pricing and multi-factor models



Chpt. 7




  1.     (4/7) Capital asset pricing and multi-factor models



Chpt. 7




  1. (4/14) Efficient market hypothesis



Chpt.8




  1. (4/21) Mid-term examination

  2. (4/28) Behavioral finance and technical analysis



Chpt. 9




  1. (5/5) Bond price and yields



Chpt. 10



12.   (5/12) Bond price and yields



Chpt. 10



13. (5/19) No class, university anniversary holiday



14. (5/26) Managing bond portfolios



Chpt. 11



15. (6/2) Equity valuation



Chpt. 13



16. (6/9) Equity valuation



Chpt. 13



17. (6/16) Investments applied to personal finance: A lesson on how to conduct a happy life



18. (6/23) Final examination



Teaching Methods
Teaching Assistant
Requirement/Grading







1.Midterm Examination 40%



2.Final Examination 45%



The final exam may include some of the material (the parts I feel the class did not perform well on) from the mid-term exam in addition to the new material covered after the mid-term exam. Due to a large number of students in the class, the exams possibly will consist mostly of multiple choices questions. You are encouraged to have a calculator with you during the exams. You may also take a self-prepared formula sheet (A4 paper) to the exams. You will be seated in a particular order for the exams. Your seat will be made known to you right before the exam begins.



3.Attendance, participation in the class discussion and ad hoc homework assignments 15%



Homework problems will be assigned and collected. I will not grade your homework regularly. However, you are encouraged to do it diligently and turn it in on time. It would have significant bearings on your final grade. I will post on the website the solutions manual to the end-of-chapter problems in the book. I suggest that you complete as many end-of-chapter questions and problems as possible. You can expect to be called upon frequently in this class. You are responsible for all lectures, assignments, and class discussions. I encourage you to form groups of 2-3 people to work on the end-of-chapter questions, problems and cases.



Textbook & Reference

Required texts: Essentials of Investments, by Zvi Bodie, Alex Kane, and Alan K. Marcus, 11th ed., 2019, McGraw-Hill International Edition


Urls about Course
Attachment

109_2????????_???.pdf