Portfolio Management
Course ID:
Semester: 8th
Year of Study:
Category: Economics Elective
For Erasmus Students: Όχι
Learning Outcomes
- By the end of this course the student will be able to understand the functions of the investment process with a reference to the notion of risk and return of single assets and its extension to multiple assets when forming a portfolio of assets. Hence, the optimal portfolio selection and portfolio management assessment becomes the core idea of this course.
- The students will also have the ability to analyze topics such as:
- Estimation of returns, and systematic and non-systematic risk of a portfolio.
- Identification of effective portfolios.
- Evaluation of investors’ risk/return preferences and formulation of excellent portfolios based on utility theory.
- Applying portfolio valuation measures in order to assess portfolio management and performance.
- Development of diversification strategies in order to reduce the non-systematic risk and hedge the risk of buying a portfolio.
- Forming portfolio management strategy
Course Contents
- The Investment Process and the Financial System
- Microeconomic view of investor behavior under uncertainty
- Risk & Return
- Portfolio Theory
- Models of one and multiple indicators
- Capital Market Theory: CAPM & APT Models
- Fundamental Analysis of Shares: DCF Models
- Market Efficiency
- Technical analysis
- Portfolio Management Strategies
Teaching Activities
Lectures (3 hours per week)
Teaching Organization
|
Activity |
Semester workload |
| Lectures (3 hours per week) |
(3X13) 39 hours |
| Study and analysis of the literature |
72 hours |
| Project writing and problem sets solving |
39 hours |
| Total number of hours for the Course (25 hours of work-load per ECTS credit) |
150 hours (total student work-load) |
Assessment
Written final exam
Use of ICT
Use of IT in teaching and communication with students (e-class).
Teaching Hours: 3
ECTS Credits: 6
Teaching Credits: 3
Weight: 1.5
Type:
Language: Ελληνική
Teaching Method: Πρόσωπο με πρόσωπο
General Competences: Αναζήτηση, ανάλυση και σύνθεση δεδομένων και πληροφοριών, με τη χρήση και των απαραίτητων τεχνολογιών, Προσαρμογή σε νέες καταστάσεις, Λήψη αποφάσεων, Ομαδική εργασία, Άσκηση κριτικής και αυτοκριτικής, Προαγωγή της ελεύθερης, δημιουργικής και επαγωγικής σκέψης
Γνωστικό Αντικείμενο: Economics of Business, Innovation & Regional Developement
Οργανική Μονάδα / Εργαστήριο:
E-mail: tzelepis@upatras.gr
Τηλέφωνο: +30 2610 962583
Ώρες γραφείου: Tuesday 17:00 - 19:00
eclass URL: e-class
- Brown Keith C. and, Frank K. Reilly, (2015), Analysis of Investment and Management of Portfolios, 11th Edition, South-Western
- Edwin J. Elton, Martin J. Gruber, Stephen J. Brown, William N. Goetzmann. Modern Portfolio Theory and Investment Analysis, 8th Edition, 2010, International Student Version ISBN: 978-0-470-50584.
- Saunders Anthony, Cornett Marcia M., Financial Markets and Institutions, 7th edition, 2018, McGraw Hill, ISBN 1259919714
