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 of the Haworth College of Business
• Mission Statement and Goals of the Undergrad Program at the Haworth College of Business
• Course Objectives
• Manner of Course Presentation
• Grading Policy and Scale
• Attendence Policy
• Prerequisites
• Incomplete Policy
• Academic Honesty Policy






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