FIN08014 2016 Investments - Portfolio Analysis

General Details

Full Title
Investments - Portfolio Analysis
Transcript Title
Investment Portfolio Analysis
N/A %
Subject Area
FIN - Finance
BUS - Business
08 - NFQ Level 8
05 - 05 Credits
Start Term
2016 - Full Academic Year 2016-17
End Term
9999 - The End of Time
Fergal Keane
Programme Membership
SG_BBUSI_H08 202100 Bachelor of Business (Honours) in Business L8 (Ab-initio) SG_BFINA_H08 202100 Bachelor of Business (Honours) in Business in Finance and Investment SG_BFINV_K08 202100 Bachelor of Business (Honours) in Business in Finance and Investment Stream(Add-on)

This module introduces students to the theories of investing, from individual equities up to investment portfolios.  Theories will be put into practice through the creation of a virtual portfolio throughout the module.  The module will conclude with an examination of market efficiency.

Learning Outcomes

On completion of this module the learner will/should be able to;


Analyse the differences between investment asset classes with respect to volatility and return


Examine the concepts underlying the pricing of financial assets


Construct an optimal portfolio using modern portfolio theories


Critically assess financial theories and models


Assess the concept of market efficiency and identify sources of inefficiency

Teaching and Learning Strategies

Learners wil be presented with theoretical concepts and will also be required to undertake practical investment exercises both in class and on virtual trading environments.

Module Assessment Strategies

Learners will create and maintain a virtual portfolio throughout the semester.  As new theories are encountered they should update their portfolio to reflect new learning and reflect on the rationale behind their investment decisions.

Repeat Assessments

Both repeat exam and CA element will be available. Module lecturer will decide which each repeat candidate should complete

Indicative Syllabus

Investment Basics

  • Calculation of returns
  • Comparison of Asset classes with respect to historic returns and volatility
  • Sources of Information

Equity Investment

  • Fundamental of share pricing and valuation
  • Constructing a portfolio of equities
  • Investment Styles - passive v active
  • Trading Long / Short


  • Markowitz Analysis
  • CAPM
  • Modern Portfolio theory
  • Practical application (using SML, alpha & beta)

Market Efficiency

  • Examination of the degrees of efficiency
  • Sources of inefficiency
  • Introduction to behavioral Finance

Coursework & Assessment Breakdown

Coursework & Continuous Assessment
50 %
End of Semester / Year Formal Exam
50 %

Coursework Assessment

Title Type Form Percent Week Learning Outcomes Assessed
1 In class questions, quizes and discussions Formative Assessment - % OnGoing 1,2,3,4,5
2 Creation and justification of a portfolio of equity investments Practical Individual Project 25 % Week 3 1,2,3,4
3 Extended Essay Continuous Assessment Essay 20 % Week 12 2,3,5
4 Review of virtual portfolio in light of new concepts and theories encountered Continuous Assessment Written Report 5 % Week 13 2,3,4,5

End of Semester / Year Assessment

Title Type Form Percent Week Learning Outcomes Assessed
1 Final Exam (2 hour written exam) Final Exam Closed Book Exam 50 % End of Semester 1,2,3,4,5

Full Time Mode Workload

Type Location Description Hours Frequency Avg Workload
Lecture Tiered Classroom Lecture 2 Weekly 2.00
Tutorial Not Specified Case studies, virtual investing, etc. Mainly classroom based, but at least two hours during semester should be allocated to a lab; one to demonstrate virtual trading environment and one to facilitate trouble shooting two weeks later 1 Weekly 1.00
Independent Learning UNKNOWN Case studies, investment research, etc.. 3 Weekly 3.00
Independent Learning UNKNOWN Lab work - trading and online research 1 Weekly 1.00
Total Full Time Average Weekly Learner Contact Time 3.00 Hours

Required & Recommended Book List

Recommended Reading
2011-08-01 Fundamentals of Investment. by Brian O'Loughlin, Frank O'Brien Gill & MacMillan
ISBN 0717149781 ISBN-13 9780717149780

An updated edition of this introduction to the fundamentals of investment, reviewing the operations of the industry post-financial crisis from a variety of perspectives. * New to this edition: * Reflects the myriad of changes to the investment markets since the financial crash * Several new case studies, including the Eurozone Sovereign Bond Markets and the Irish Banking Sector * New chapter on Alternative Assets. * Introduces investment concepts and issues in a conversational manner, using Irish case studies and examples where appropriate. * Examines key topics relating to investment, including: * Retail Investor's Choices * Portfolio Theory * Real Economy and the Markets * Pension Fund Investment * The Fund Management Industry * Evaluating Investment Performance. WRITTEN FOR: - Students studying for industry qualifications in the banking, insurance and investment sectors - Any university course where investment is a module - Investment practitioners and those working in support functions, such as sales/marketing, administration and IT support within the investment, banking and insurance sectors - Pension trustees - Informed private investors

Recommended Reading
2014-01-21 Modern Portfolio Theory and Investment Analysis Wiley
ISBN 1118469941 ISBN-13 9781118469941

An excellent resource for investors, Modern Portfolio Theory and Investment Analysis, 9th Edition examines the characteristics and analysis of individual securities as well as the theory and practice of optimally combining securities into portfolios. A chapter on behavioral finance is included, aimed to explore the nature of individual decision making. A chapter on forecasting expected returns, a key input to portfolio management, is also included. In addition, investors will find material on value at risk and the use of simulation to enhance their understanding of the field.

Recommended Reading
2011 Fundamentals of Investments Mcgraw Hill Higher Education
ISBN 0071315640 ISBN-13 9780071315647

"Fundamentals of Investments" focuses on students as investment managers, giving them information to act on by placing theory and research in the proper context. The text offers strong, consistent pedagogy, including a balanced, unified treatment of the four main types of financial investments: stocks, bonds, options, and futures. Topics are organized in a way that makes them easy to apply - whether to a portfolio simulation or to real life - and supported with hands-on activities.

Module Resources

URL Resources


Other Resources

Online journals and business section of reputable newspapers

Moodle site and in class handouts

Additional Information