Investments and Portfolio Management (IPM)

Área

AC Gestão > UC Mestrados

Activa nos planos curriculares

Finance > Finance > 2º Ciclo > Unidades Curriculares Obrigatórias > Investments and Portfolio Management

Econometria Aplicada e Previsão > Econometria Aplicada e Previsão > 2º Ciclo > Unidades Curriculares Optativas > Optativa 1 > Investments and Portfolio Management

Nível

2º Ciclo (M)

Tipo

Estruturante

Regime

Semestral

Carga Horária

Aula Teórica (T): 0.0 h/semana

Aula TeoricoPrática (TP): 3.0 h/semana

Trabalho Autónomo: 121.0 h/semestre

Créditos ECTS: 6.0

Objectivos

The learning objective statements (LOS) of this course unit can be summarized as follows.
By the end of the course the student should understand the structure of financial markets and the wide variety of the available financial instruments (LOS1), as well as analyse equilibrium in financial markets (LOS2) and discuss their efficiency (LOS3). He/she should also be able to explain and demonstrate the use of fundamentals of portfolio management and feel comfortable discussing and implementing all steps of portfolio management (LOS4), including risk profile evaluation (LOS5) and performance analysis (LOS6).

Programa

The course starts with an overview on financial markets and their instruments, and then goes towards alternative investments and portfolio theory.
It covers all steps in the portfolio management process: planning, execution and feedback. In the planning step we address the need for understanding the client?s needs and investor profiling. The preparation of investment policy statements (IPS) is discussed. For the execution step we look into strategies of asset allocation, security analysis and portfolio construction. Finally, on the feedback step we look into issues of portfolio monitoring and rebalancing as well as performance measurement and reporting.
The course also addresses equilibrium market models and discusses market efficiency and behavioural finance issues.

Metodologia de avaliação

Students may choose between two assessment regimes: the continuous evaluation (CE) regime or the one exam (OE) regime.
Continuous evaluation is based upon: (i) 4 online Quizzes, (ii) a portfolio management simulation game, (iii) an empirical assignment and (iv) final examination.
Depending on the chosen regime the final grades are computed as:
-Grade CE = 0.15*Quizzes + 0.25 Emiprical Assignment + 0.1 Simulation Game + + 0.5*Final Exam
-Grade OE= Final Exam

Bibliografia

Principal