“Investment Analysis & Portfolio

Management”
Course Guide Book BBA 8th”
The module has two main objectives. First, it aims to provide students with an
insight into the key issues in advance portfolio management. In particular, it
will explore the theories and practices of classical and contemporary portfolio
management. In addition, the module is intended to further extend students’
ability to understand, critically evaluate and carry out analytical and empirical
research in the subject area, particularly in capital markets. This will be
achieved by requiring students to prepare, critically evaluate, and present
research articles assigned each week. The published research articles that we
will discuss are selected to illustrate the various elements of empirical finance
research historical trends. We will use these published research papers to
discuss and critique the most motivation for empirical research, the connection
between theory and empirical work, the research design typically used, and
the methods of analysis typically employed.

On successful completion of this module, you are expected to:

 Gain some knowledge of the main themes of investment management.

 Become aware of the practical implications of advance portfolio
management concepts and possible research avenues.
 Gain an insight into the classical and recent relevant published
literature.
 Become aware of the relevant empirical finance research.
 Become familiar with the key research methods used in the finance
literature.

“Yasmeen Akhtar, Lecturer, M Phil.”

Department of Business Administration
University of Sargodha
 Spring 2020 [Investment Analysis & Portfolio Management]

UNIVERSITY OF SARGODHA
Department of Business Administration
Course Guide Book

(BFIN 405)
Investment Analysis & Portfolio Management
Instructor: Yasmeen Akhtar Credit Hours: 3
Program: BBA 8th Class Day/Time:
Office contact timings : Tuesday, Wednesday (11:00 to 12:30) or by appointment

1. Introduction
The module is intended to provide students with insight and exposure into some of the general
topics in Advanced Portfolio Management and broad themes in capital market research. The module
builds on an understanding of basic and advanced concepts in Portfolio management and relies on
extensive reading from relevant literature on classical/recent trends in investment management.
The module will set the foundations for further in-depth study of various areas of interest for
research studies in finance.
2. Aims and Objectives of the Course
On successful completion of this module, you are expected to:
 Gain some knowledge of the main themes of investment management.
 Become aware of the practical implications of advance portfolio management concepts and
possible research avenues.
 Gain an insight into the classical and recent relevant published literature.
 Become aware of the relevant empirical finance research.
 Become familiar with the key research methods used in the finance literature.
3. Teaching Methodology
1. Lecture for disseminating key concepts
2. Discussion on practical issues
3. Assignments and Presentations/Projects

PowerPoint slides will be provided for all topics in the syllabus. However, it should be kept in mind
that students should not be relying on the PowerPoint Slides only. The module covers both the
theoretical and empirical sides of the topic and for mastering the course, studying all the materials
mentioned in this handbook is a necessity.

4. Assessment/Evaluation
The module is assessed by the group assignments and individual class presentation of relevant topics
(20%), and a 3 hours closed-book examination (80%).

Individual Class Presentations/Projects* 20%

Regular Class Presentations/Participation (7%)
Term Paper/Assignment (8%)
Noon Business School, University of Sargodha (yasmeenakhtar02@yahoo.com)) 2
 Spring 2020 [Investment Analysis & Portfolio Management]

Class Quiz/Case Studies (5%)

Mid Term Examination (1 hour) 30%
Final Examination (2 hours) 50%
100%
5. Recommended Core Text:
Investment Analysis and Portfolio Management By Frank K. Reilly & Keith C. Brown

6. WEEKLY LECTURE PLAN (According to course outline)

Week No. Lecture Plan
1 The Concept of Investing

2 The Investment Setting

3 Understanding Risk and Return

4 The Marketplace

5 Organization and Functioning of Securities Markets

6 Market Mechanics

7 Market Efficiency

8 Security Market Indexes

9 An Introduction to Asset Pricing Models

10 Common Stocks

11 Fundamental Stock Analysis

12 Valuation Tools

13 Technical Analysis

14 Bond Fundamentals

15 The Analysis and Valuation of Bonds

16 The Analysis and Valuation of Bonds

----------FINAL TERM EXAMINATION----------

Noon Business School, University of Sargodha (yasmeenakhtar02@yahoo.com)) 3
 Spring 2020 [Investment Analysis & Portfolio Management]

GENERAL CRITERIA FOR EVALUATION (Optional)

The following is meant to give a general indication of the attributes which are normally expected of written
work for it to be awarded marks in particular degree classes. This is indicative only since an answer can have
a number of attributes, strengths and weaknesses and the overall classification given to individual answers
and to a script is based on the judgment of the examiners about the inter-play of these attributes, strengths and
weaknesses.

(80%+) Excellent, logical and well-presented answer showing clear evidence of

recent research findings on the topic, evidence of additional readings, and
showing content of original thought and ideas.

(70-79%) Very good, well-presented answer showing clear evidence of

supplementary reading and some original thought and ideas.

(60-69%) Good comprehensive answer. Clear, logical, thorough with evidence of

breadth and depth in reading. Understanding of inter-relationships between
parts of the course and of the subject.

(50-59%) Adequate to good answer. Material limited to basic reading and lectures,
Competent understanding of individual topics with only limited grasp of
links between topics.

(40-49%) Incomplete answer. Material is sparse with inaccuracies and little evidence
of even basic reading. Reliance on lecture material with only limited
indication of understanding.

(<40%) Deficient answer. Inaccuracies, omissions, errors in approach, no

evidence of understanding or work.

Attendance Policy (Zero Tolerance):

As per university policy atleast 75% attendance in the class will be mandatory for every
student to become eligible for final term exam.

Noon Business School, University of Sargodha (yasmeenakhtar02@yahoo.com)) 4