INVESTMENT ANALYSIS -- FCL 351
Spring 2004

    PROFESSOR ED EDWARDS

OFFICE: Room 3289 Haworth College of Business
PHONE:
FAX:
(269) 387-5524
(269) 387-5839
EMAIL: ed.edwards@wmich.edu
OFFICE HOURS: MWF 11:00 am to noon
MW 1:00 pm to 2:00 pm
MW 3:30 pm to 4:00 pm
COURSE TIME:

MWF 9:00 am to 9:50 am
MWF 10:00 am to 10:50 am
MW 2:00 pm to 3:15 pm


COURSE INFORMATION

TEXT: Fundamentals of Investments: Valuation of management by Corrado and Jordan

STOCK-TRAK,(Atlanta, GA 2001) www.stocktrak.com

COURSE INCIDENTALS



     

     

    BBA DEGREE PROGRAM MISSION & OBJECTIVES


    The Mission Statement is:

    The Haworth College of Business delivers undergraduate business programs designed to provide students with the knowledge, skills, and attitudes required for success in a global, technological environment.

    After completing the BBA program, our graduates will be able to:


    MISSION STATEMENT OF

    THE FINANCE AND COMMERCIAL LAW DEPARTMENT

    The Department of Finance and Commercial Law endeavors to educate its students in the theory and practice of finance, and in the application of legal and ethical principles.

    VISION STATEMENT OF

    THE FINANCE AND COMMERCIAL LAW DEPARTMENT

    This education enhances the knowledge, skills, and abilities of students. The quality of learning is strengthened by experiences, such as cases, internships, study abroad, and professional business seminars, use of technology and a faculty committed to professional development and research.


    COURSE OBJECTIVES


     

    MANNER OF PRESENTATION

    The course will be presented in a Lecture/Discussion format

    PORTFOLIO SIMULATION

    As a feature of the course, there is a portfolio simulation computer game. This will be a weekly project and will give you an opportunity to experiment with a wide array of investment vehicles during the semester. There will be a group assignment done through Stock-Trak. Please submit weekly confirmations of trades.

    ATTENDANCE POLICY

    One unexcused absence. More than one will adversely affect final grade.

    PREREQUISITE

    FCL 320 (Strictly enforced)

    ACADEMIC HONESTY

    Please refer to University Undergraduate Catalog 2001-2003 (pp. 268-70).

    INCOMPLETE POLICY

    Please refer to University Undergraduate Catalog 2001-2003 (p.28)

    COURSE OUTLINE

    Jan 7 Introduction, Assignment,etc.
    Jan 9 Risk and return Chap. 1
    Jan 12 Secuirty Types Chap. 3
    Jan 14 Buying and Selling Securities Chap. 2
    Jan 16 Buying and Selling Securities Chap. 2
    Jan 19 No Class (Martin Luther King Day)
    Jan 21 Mutual Funds Chap. 4
    Jan 23 Mutual Funds Chap. 4
    Jan 26 Exam I (Chaps. 1-4)
    Jan 28 Stock Market Chap. 5
    Jan 30 Stock Market Chap. 5
    Feb 2 Options Chap. 14
    Feb 4 Options Chap. 14
    Feb 6 Option valuation Chaps. 15
    Feb 9 Futures Chap. 16
    Feb 11 Futures Futures
    Feb 13 Futures Futures
    Feb 16 Exam 2 (Chaps.5,14-16)
    Feb 18 INVT. Theories Chaps.6-8
    Feb 20 Funmental Analysis Chap. 6
    Feb 23 Funmental Analysis Chap. 6
    Feb 25 Earnings and Cash Flow Chap. 7
    Feb 27 Spirit Day - No Classes
    Mar 1-5 Mid-semester Break
    Mar 8 Earnings & Cash Flow Chap. 8
    Mar 10 Technical Analysis Chap.8
    Mar 12 Efficient Markets Chap.8
    Mar 15 Efficient Markets Chap.8
    Mar 17 Bond Analysis Chaps. 11, 12
    Mar 19 Treasury Bonds Chap. 12
    Mar 22 Municipal Bonds Chap. 12
    Mar 24 Corporate Bonds Chap. 11
    Mar 26 Bond Analysis Chaps. 9-10
    Mar 29 Bond Analysis Chaps. 9-10
    Mar 31 Bond Analysis Chaps. 9-10
    Apr 2 Exam 3 (Chaps. 6-9, 11,12)
    Apr 5 Review
    Apr 7 Risk and Diversification Chap. 17
    Apr 9 Risk and Diversification Chap. 17
    Apr 12 MPT (Modern Portfolio Theory) Chap. 18
    Apr 14 MPT (Modern Portfolio Theory) Chap. 18
    Apr 16 Performance Evaluation Chap. 19
    Apr 19-23 FINAL EXAM WEEK

 

GRADING POLICY

    Exam 1 20 POINTS
    Exam 2 20 POINTS
    Exam 3 20 POINTS
    Final Exam 25 POINTS
    Portfolio Game (Group) 15 POINTS
    TOTAL 100 POINTS


     

     

     

 

 

GRADING SCALE

    90-100 A
    85-89 BA
    80-84 B
    75-79 CB
    70-74 C
    65-69 DC
    60-64 D

STOCK SELECTION SCHEDULE

    Jan 12 20 STOCKS
    Jan 16 International Stock
    Jan 23 Mutual Fund
    Jan 30 Int. Mutual Fund
    Feb 6 Put & Call
    Feb 13 Commodity Future
    Feb 20 Stock Index Future
    Feb 25 Technology Stock
    Mar 12 Value Stock/Growth Stock
    Mar 19 Treasury Bond, Muni. Bond
    Mar 26 Corporate Bond, Bond Funds
    Apr 2 Last Day of Project
    Apr 9 Project Due Date

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