SemesterSpring Semester, 2021
DepartmentJunior Class A, Department of International Business Junior Class B, Department of International Business Senior Class A, Department of International Business Senior Class B, Department of International Business
Course NameInvestment
InstructorCHUNG LING TAK
Credit3.0
Course TypeElective
Prerequisite
Course Objective
Course Description
Course Schedule














































































































































































Week Date Topic Content and Reading Assignment Teaching Activities and Homework In-class Hours Outside-of-class Hours
Week 1 24-Feb-21 Overview of the financial market Lecture notes and BKM Ch 1, 2 Lecture 1 3 5
Week 2 3-Mar-21 Review of statistical and optimization techniques Lecture notes and Excel Lecture 2

HW1 (due: 8-Mar-21)		 3 5
Week 3 10-Mar-21 Security trading and introduction to Python Lecture notes, JupyterLab, and BKM Ch 3 Lecture 3 3 5
Week 4 17-Mar-21 Risk and expected returns Lecture notes, JupyterLab, and BKM Ch 5 Lecture 4

HW2 (due: 22-Mar-21)		 3 5
Week 5 24-Mar-21 Capital allocation to risky assets Lecture notes, Excel, and BKM Ch 6 Lecture 5 3 5
Week 6 31-Mar-21 Optimal risky portfolios (2 assets) Lecture notes, Excel, and BKM Ch 7 Lecture 6

HW3 (due: 5-Apr-21)		 3 5
Week 7 7-Apr-21 Optimal risky portfolios (N assets) Lecture notes, Excel, and JupyterLab Lecture 7 3 5
Week 8 14-Apr-21 Applications of modern portfolio theory Lecture notes, JupyterLab, and BKM Ch 7, 8 Lecture 8

Project 1 (due: 10-May-21)		 3 5
Week 9 21-Apr-21 Market equilibrium and CAPM Lecture notes and BKM Ch 9 Lecture 9 3 5
Week 10 28-Apr-21 Applications of index model and CAPM Lecture notes, JupyterLab, and BKM Ch 8, 9 Lecture 10

HW4 (due: 3-May-21)		 3 5
Week 11 5-May-21 Arbitrage pricing theory and multifactor models Lecture notes and BKM Ch 10 Lecture 11 3 5
Week 12 12-May-21 Project 1 Group presentations Presentation of project 1 3 5
Week 13 19-May-21 Factor investing Lecture notes, JupyterLab, and BKM Ch 10 Lecture 12

Project 2 (due: 14-Jun-21)		 3 5
Week 14 26-May-21 Performance evaluation Lecture notes, JupyterLab, and BKM Ch 24 Lecture 13

HW5 (due: 31-May-21)		 3 5
Week 15 2-Jun-21 Investment companies Lecture notes and BKM Ch 4, 26 Lecture 14 3 5
Week 16 9-Jun-21 Risk management and derivatives Lecture notes and BKM Ch 20, 22, 23 Lecture 15

HW6 (due: 14-Jun-21)		 3 5
Week 17 16-Jun-21 Project 2 Group presentations Presentation of project 2 3 5
Week 18 23-Jun-21 Final examination 2 hours open book exam Final examination 3 5

Teaching Methods
Teaching Assistant

TBA


Requirement/Grading











































Assessments Weights
HW1 5%
HW2 5%
HW3 5%
HW4 5%
HW5 5%
HW6 5%
Group project 1 20%
Group project 2 20%
Final examination 30%

Textbook & Reference

 



Investments, 11th Edition by Zvi Bodie, Alex Kane, and Alan Marcus, McGraw-Hill, 2019. (BKM)


Urls about Course
Attachment