Investments and Valuation in Financial Markets

Section 1, Spring 17

Schedule Information

Enrollment: 23/40
Credits: 1

Course Description

This course will provide students with an understanding of the theory and practice of investment decision making and how assets are valued in financial markets. The course is organized in two modules. The first module examines the concepts of risk and return using the decision of how to allocate a portfolio across different asset classes (e.g. stocks, bonds, real assets). With the tools developed in modern portfolio theory, students will examine the trade-off between risk and return, the optimization of the risk-return trade-off for a portfolio and the role of forecasting expected returns in designing an optimal portfolio. The second module deals with valuing traded financial assets that have fairly complicated structures, namely in fixed income, options and derivative products.  Grading will be based on class participation (30%) and a final exam (70%).   

Course Requirements

Exam Info:
Midterm Type (if any): None
Description: None

Final Type (if any): Flex
Description: Flex exam the week of Feb. 27-Mar. 3, 2017.
Final Exam Notes:

Flex exam the week of Feb. 27-Mar. 3, 2017.

Written Work Product
Written Work Product:

Other Work

Other Course Details
Prerequisites: Law 6100 (Accounting) and Law 6101 (Corp. Finance). Students lacking these course prerequisites must obtain a waiver from the instructor based on undergraduate- or graduate-level Accounting/Finance coursework or based on work experience involving substantial exposure to Accounting/Finance issues. Concurrencies: None
Mutually Exclusive With: None
Laptops Allowed: Yes
First Day Attendance Required: No
Course Notes: Students will need their laptops every class. Students will find that Excel skills are a necessity to deal with the assigned cases, and students should be familiar with the Excel skills encapsulated in the two Excel tutorials: (1) Excel Commands and Functions: (2) Understanding the Time Value of Money using Excel:  The required materials for this class are the cases and technical notes included in the student course packet. There is no required textbook for this course. If you want one to supplement the course, we recommend Investments by Bodie, Kane, Marcus (10th Edition, McGraw Hill/Irwin). 

Graduation Requirements

*Satisfies Writing Requirement: No
**Credits For Prof. Skills Requirement: No
Satisfies Professional Ethics: No

*Yes means professor requires everyone in the course to submit a substantial research paper (which is the requirement standard in Academic Policies), so no paperwork required to be submitted to SRO. No means student must timely submit paperwork to SRO if intending to use a paper in this course to satisfy the Writing Requirement.

**Yes indicates course credits count towards UVA Law’s Prof. Skills graduation requirement, not necessarily a skills requirements for any particular state bar.

General Information

Schedule No.
Law No.
Modified Type
Cross Listed: No
Cross-Listed Course Mnemonic:
Public Syllabus Link: None
Evaluation Portal Via LawWeb Opens:
Evaluation Portal Via LawWeb Closes: