154-0578 – Portfolio and Risk Management (PRM)

By the end of the course, students should be able to understand the basics of portfolio management. They should understand the concept of risk aversion and utility function, the Capital Asset Pricing Model (CAPM), risk management, coherent risk measures. They should be able to apply portfolio selection techniques, analyze different investment strategies, measure portfolio performance, and calculate the risk (in terms of selected risk measures). They should also have a basic knowledge of the fintech in investment management, including big data, machine learning, artificial intelligence, and distributed ledger technology.

This course covers the principles and practices of portfolio and risk management in the investment industry. Overall, this course aims to equip the students with the knowledge and skills needed to succeed in various roles within the investment industry. By the end of the course, students should understand the basics of portfolio management. They should understand the concept of risk aversion and utility function, the Capital Asset Pricing Model (CAPM), risk management, coherent risk measures. They should be able to apply portfolio selection techniques, analyze different investment strategies, measure portfolio performance, and calculate the risk (in terms of selected risk measures). They should also have a basic knowledge of the fintech in investment management, including big data, machine learning, artificial intelligence, and distributed ledger technology.

CFA Institute. Portfolio Management in Practice, Volume 1: Investment Management. Hoboken, New Jersey: Wiley, 2021. CFA Institute Investment Series. ISBN 978-1-119-74369-9. CFA Institute. Portfolio Management in Practice, Volume 2: Asset Allocation. Hoboken, New Jersey: Wiley, 2021. CFA Institute Investment Series. ISBN 978-1-119-78796-9. CFA Institute. Portfolio Management in Practice, Volume 3: Equity Portfolio Management. Hoboken, New Jersey: Wiley, 2021. CFA Institute Investment Series. ISBN 978-1-119-78925-3.

CFA Institute. Quantitative Investment Analysis. Fourth edition. Hoboken, New Jersey: Wiley, 2020. CFA Institute Investment Series. ISBN 978-1-119-74362-0. PALEOLOGO, Giuseppe A. Advanced Portfolio Management: A Quant's Guide for Fundamental Investors. Hoboken, New Jersey: Wiley, 2021. ISBN 978-1119789796. POMPIAN, Michael M. Behavioral finance and your portfolio: a navigation guide for building wealth. Hoboken, New Jersey: Wiley, 2021. ISBN 978-1119801610.