Securities Analysis: Builds on the foundation of investment management developed in FIN 3120 by focusing on the management of funds of institutional investors, including insurance companies, pension funds, and foundations. Prerequisite: FIN 3120 or FIN 3125.

( FIN 3120 OR FINC 3120 OR FIN 3125 OR FINC 3125 )

1. Compute holding period, current yield and yield to maturity returns in bond analysis.
2. How the Efficient Markets and the Efficient Markets Hypothesis are used in constructing      investment portfolios.
3. Compute security returns using CAPM and APT models.
4. Evaluate portfolio performance using Sharpe, Treynor, and Jensen index values.
5. Perform asset allocation decisions.
6. Examine behavioral finance topics and apply to personal investments.
7. Compute rates of return and value securities.
8. Perform bond pricing and managing bond portfolios
9. Perform statistical analysis and create security market lines.
10. Construct efficient combinations and compute the mean and variance of an efficient set.
11. Use of software to build bond analysis models.
12. Use software to build portfolio optimization models for two-asset and multiple-asset portfolios. Analyze international investments through inter-country and inter-country correlational analysis.

1. Required Materials


1. Textbooks

Excel Modeling in Investments - 3.Edition - 2009
Craig Holden
Prentice Hall (Pearson)
ISBN: 9780132079907


Essentials of Investments - 7.Edition - 2008
Bodie, Kane, and Marcus
McGraw-Hill
ISBN: 978-0-07-340517-9



APA Manual
The APA Manual 5th Edition is a recommended textbook for all courses.
Effective August 1^st 2009, the 6th edition of the APA Manual is recommended for all courses.

NSU Bookstore
Textbooks and Case Studies may be purchased from the NSU Bookstore (located in the University Park Plaza) by calling 1-800-509-2665 or online at http://www.nsubooks.bkstore.com.

The NSU libraries comprise the Alvin Sherman Library, Research, and Information Technology Center, East Campus Branch Library, Health Professions Division Library, Law Library and Technology Center, North Miami Beach Branch Library, University School Library Media Centers, and the William S. Richardson Ocean Science Library. Students are strongly encouraged to visit one of the physical locations and/or take advantage of the vast electronic library available for research. For more information, please visit http://www.nova.edu/library.

Please note that all required and recommended materials should be referenced in APA style.