Students are expected to have completed core courses in basic finance, statistics and

mathematics, and Portfolio theory Module A

• to examine market efficiency in practice
• to construct and use alternative methodologies to evaluate portfolio performance;
• to examine alternative portfolio strategies

This module adds supplementary contents to Portfolio Theory Module A, as following:

- Investment analysis and strategies: technical analysis, fundamental analysis, active

and passive portfolio management

- Portfolio performance evaluation

- International diversification

1 (A) Bodie,Z., Kane, A., Marcus, ., (2021) Investments, 12 ed, McGrawHill NY, Chapters 24,25,26,27.

2 (A) Bodie, Z., Kane, A, Marcus, A. (2022) Essentials of Investments 12ed. McGrawHill New York,

Part 6 -Active Investment Management

3.(C) Elton, Edwin J., Gruber, Martin J., Brown, Stephen J., Goetzmann, William N. (2014) Modern portfolio theory and investment analysis Wiley NY, Parts 4 and 5.

A not manadatory team work project, could be proposes for groups of maximum 4 students. Supplementary points will be awarded to participating students, which will be addedd to the final grade. OBS. The points will be added to the final grade IF the written exam is evaluated with minimum18 points

• • interactive lectures
  • case studies
  • homeworks and data exercises

• The final score will be calculated as follows:

  • Homework/Data exercises 30% (points awarded only if the minimum requested grade

  (18) is obtained at the final exam.)

  • Final exam 70%

  The final exam is written, and it includes two sections, respectively :

  - multiple choice questions section, aimed to assess the level of understanding of the

  theory,

  - numerical problems section, aimed to evaluate the individual ability to put in

  practice theoretical concepts of portfolio theory

English