INVESTMENT ANALYSIS -- FCL 654
SINGAPORE, JUNE 2-10, 2001

    PROFESSOR ED EDWARDS

OFFICE: Room 3296 Haworth College, Kalamazoo, Michigan
PHONE:
FAX:
(616)387-5722 - Kalamazoo
(616)387-5839 - Kalamazoo
EMAIL: ed.edwards@wmich.edu
OFFICE HOURS: To be Assigned
COURSE TIME: SAT June 2 9AM - 6 PM
SUN June 3 9AM - 6PM
TUES June 5 7PM-10PM
THURS June 7 7PM-10PM
SAT June 9 9AM-6PM
SUN June 10 9AM-6PM


    COURSE INFORMATION

    TEXT: Reilly, Frank and Edgar A. Norton Investments (5th edition - Dryden)


    COURSE INCIDENTALS:







    MISSION STATEMENT FOR GRADUATE PROGRAMS
    IN THE HAWORTH COLLEGE OF BUSINESS:


    The Haworth College of Business is dedicated to providing excellent graduate programs designed to help current and future managers meet the challenges of a changing global business environment. Using shared learning, fostering integration and recognizing diversity, our graduate programs expand the skills of Business Professionals from Western Michigan and selected international markets


    OBJECTIVES OF THE GRADUATE PROGRAMS
    IN THE HAWORTH COLLEGE OF BUSINESS


    1. To provide excellent graduate programs for specific markets.
    2. To deliver programs that assist students with the advancement of skills in leadership, analysis and team work.
    3. To provide seminars and training programs for specific markets.
    4. To provide a program which utilizes methodologies that will enable students to become participants in the development of knowledge.
    5. To operate in a continuous improvement environment.



    MISSION STATEMENT FOR 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 FOR 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:

    1. To provide a survey of the various investment vehicles.
    2. To experience a hands-on investment portfolio simulation during the course.
    3. To gain an appreciation for the process of portfolio management.
    4. To realize the global nature of the securities markets.
    5. To gain an appreciation for the effects of human nature in security decisions.
    6. To appreciate the interrelationships of accounting, financing, marketing, management, communication and technology in the field of investments.

    MANNER OF PRESENTATION:

    The course will be presented in a Lecture/Discussion format

    GRADING POLICY:

    MID-TERM 50 POINTS
    FINAL 50 POINTS
    TOTAL 100 POINTS





    GRADING SCALE:

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


    ATTENDANCE POLICY:

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

    PREREQUISITE:

    FCL 612. Financial Management

    ACADEMIC HONESTY:

    Please refer to University Graduate Catalog (p. 24)

    INCOMPLETE POLICY:

    Please refer to University Graduate Catalog (p.13)



    COURSE OUTLINE


    SESSION ASSIGNMENTS, CHAPTERS
    1 INVESTMENT MARKETS CH. 1-5
    2 DERIVATIVES CH. 17,18,21
    3 MID-TERM EXAM
    INVESTMENT THEORIES
    CH 1-5,17,18,21
    CH.10
    4 INVESTMENT THEORIES CH. 8-14
    5 BOND ANALYSIS
    RISK ANALYSIS
    CH. 15,16,18
    CH. 6-7
    6 RISK ANALYSIS
    PORTFOLIO MANAGEMENT
    PERFORMANCE EVALUATION
    CH. 6,7
    CH. 19,20
    CH. 22


    PROBLEM ASSIGNMENTS


    Chapter
    Assignments
    1
    #2, #5, #6, #7
    2
    none
    3
    #6
    4
    #1, #4, #5
    5
    #1
    6
    #4, #13
    7
    none
    8
    none
    9
    #1, #2
    10
    #6, #8, #11, #12
    11
    none
    12
    none
    13
    #4
    14
    none
    15
    none
    16
    #2, #3
    17
    #3, #4, #6, #14
    18
    #3
    19
    #7
    20
    none
    21
    none
    22
    #1, #2, #3