MSCF Investments

Course Number: 46972

Concentration: Finance
Semester(s): Fall, Mini 1
Required/Elective: Required
Prerequisite(s): None

MSCF Investments gives students a foundation for quantitative portfolio management and for understanding market price determination. Key concepts include risk measurement, risk-reward trade-offs, equilibrium asset pricing, portfolio optimization, benchmarking, price discovery, market efficiency, and pricing anomalies. Specific portfolio management tools include mean-variance optimization, CAPM and APT asset pricing, general equilibrium asset pricing theories and cash-flow/discount-rate decompositions, factor models (e.g., Fama-French), momentum strategies, and performance evaluation. The course presents essential theories and formulas and also reviews important institutional and empirical facts about equity, bond, and commodity markets.