Financial Markets

Code:

LGE512

Acronym:

MF

Keywords
Classification	Keyword
OFICIAL	Business Sciences

Instance: 2004/2005 - 2S

Active?	Yes
Web Page:	http://www.fep.up.pt/disciplinas/lge512
Responsible unit:	Department of Management
Course/CS Responsible:	Business Administration

Cycles of Study/Courses

Acronym	No. of Students	Study Plan	Curricular Years	Credits UCN	Credits ECTS	Contact hours	Total Time
ECO	130	Official Curricular Structure since 2004	4	2		-
GES	25	Official Curricular Structure since 2004	4	2		-

Objectives

The area as of financial markets comprises the whole difficult of the active financiers and of its gender while environmement as of conversion as of saver well into investment , from the formation as of costs about to all kind of active and for the best affectation of resources among the different applications alternatives existing in terms of economic. THE ONE thematic of the financial markets AND from its has suffered at the last decades an breeding remarkable would you like well into terms of its dimension , would you like in terms of from its paper well into terms of the economy at its all of , and in the guy as of appliances than it is to into it they are to trade. Alias the industry finacial is today one of more important in the world in terms of fowls as of richness AND I employ. The chair he goes will approach the big three marketplaces as of active financiers : bazaar as of bonds , shares AND as of derived ( by including - in case that herein the designated “investimentos alternative ). The prospect than it is to we will be impress at the chair it shall the one of answering at the litigation : How do? THE ONE emphasis he goes being placed at the direct contact with the actuality of the marketplaces , being this one assimilated as of he forms pretty assertive via the management and reporting , during the period of the lessons , from a stock portfolio efectuada by the pupils under the terms of at the costs reais as of bazaar.

Program

I. Introduction
1. Financial Markets Roles
2. The asset allocation decisiom
3. The globalization and the investment choices
4. Organization and functioning of Capital Markets

II. Analysis and Management of Bonds
1. Introduction to Bond Markets
2. Valuation and analysis of Bonds
3. Bond Portfolios Management Strategies

III. Analysis and Management of Stocks
1. Introduction to Stock Markets
2. Fundamental Analysis of Stocks
3. Technical Analysis of Stocks
4. Stock Portfolios Management Strategies

IV. Analysis and Management of alternative investments
1. Listed Derivatives and OTC instruments
2. Alternative Investments Management Strategies
3. The Hedge funds Industry

V. The Management of Assets
1. The industry
2. The performance evaluation of asset managers

Main Bibliography

Reilly, Frank K. and Brown, Keith C., 2000, "Investment Analysis and Portfolio Management",The Dryden Press, 6ª edição.

Levy, Haim, 2002, "Fundamentals of Investments" Prentice Hall.

Complementary Bibliography

Fischer, Donald E. and Jordan, Ronald J., 1995, Security Analysis and Portfolio Management, Prentice Hall, 6ª edição.

Warwick, Ben, 2000, Searching for Alpha: The Quest for Exceptional Investment Performance, John Wiley & Sons .

Teaching methods and learning activities

The classes will made the theoretical presentation of the subjects. We will discuss real cases and the student will have to make decisions on his portfolios of assets.

Software

Simulation software "stocksquest"

Evaluation Type

Distributed evaluation with final exam

Calculation formula of final grade

1. Avaliação Contínua

a) A avaliação contínua é composta por um trabalho de grupo, a simulação de gestão de uma carteira de acções, índices e “forex” e por três mini-testes. A determinação da classificação final resultará das seguintes ponderações:

Trabalho de Grupo Simulação Mini-Testes
25% 30% 45%




2. Avaliação por Exame Final

A avaliação por exame final é composta por uma prova. Caso o aluno tenha feito simulação e trabalhos de grupo pode integrá-los na nota final nas seguintes condições:

Exame Final Simulação Trabalho de Grupo
a)
b)
c)
d) 1
0,8
0,7
0,8 -
0,2
0,1
- -
-
0,2
0,2

O aluno deverá indicar antes de iniciar o exame final qual a alternativa que escolhe. Contudo, em casos onde a consideração do trabalho leve a uma redução da classificação final, o trabalho não será considerado para efeitos de determinação da classificação final, fazendo-se essa como em a) ou b) conforme aplicável.