In this course you will be introduced to major issues currently of concern to all investors. It will give you the skills to conduct a sophisticated assessment of current issues debates covererd by both the popular (especially digital) media as well as more specialized finance journals. The course will familiarize students with the financial markets and will provide an introduction to the theory and practices of investments for both individual investors as well as for funds. The course will emphasize the international dimension of the investment process and will introduce sustainable short term and long term investment strategies.

Course content

The course will be organized as follows:

  • • Asset classes: markets, pricing and historical record
    • Equity markets and historical record
    • Fixed Income Securities: pricing, markets and historical record
    • Alternative investments: real estate, commodities, venture, etc
  • • Fixed Income
    • Bond pricing
    • The term structure of interest rate
    • Bond portfolio management
  • • Equity valuation
    • The price to earnings ratio
    • Macroeconomic and industry analysis
  • • The portfolio management process
    • Mean-Variance theory and the CAPM
    • Efficient markets and portfolio management
    • Active portfolio management strategies
    • Optimal portfolio rebalancing
  • • Measuring portfolio performance
  • • Hedge funds, mutual funds and exchange traded funds
  • • Investment policy and the framework of the CFA institute


This is an excerpt from the complete course description for the course. If you are an active student at BI, you can find the complete course descriptions with information on eg. learning goals, learning process, curriculum and exam at We reserve the right to make changes to this description.