MRSyllabus_E0211.v1

INTERNATIONAL MSc IN FINANCE

Ethics and CFA Standards February 2015 / June 2015

Instructor(s): Manuel Leite Monteiro, PhD Ulugbek Suyumov, CFA __________________________________________________________________________________

Course Description:

This course will support the hard work of the preparation for the CFA Exam. This course will discuss in detail Ethics issues in Finance and it will consolidate the CFA exam preparation concerning subjects that you have already studied in your MSc. You should prepare in advance all the subjects that will be discussed in each session and be prepared to take a Quiz at the beginning of each session. The Quiz will be based on typical CFA Exam questions and will allow to:

1. Identify areas where the students need more help and review during the class, while saving the time by not covering topics that have already been mastered by all class participants; 2. Replicate the real examination setting, where students will have 2 minutes per question. Continuous practice will make CFA candidates build confidence for exam day.

Each session starts with a quiz on the topics of the session. The materials for each session are extremely extensive so it is crucial that you prepare them well in advance. You have already a good understanding of most of the topics, requiring mainly a proper organization of your previous knowledge, which is still a challenging effort requiring great consistency and persistence. The quiz will give you an idea of how well prepared you are on that topic. The sessions will be very interactive, focused on your questions and on the issues that can be more difficult or less familiar. The professors will not be presenting new material, but instead they will clarify your questions and help you to organize your knowledge. At the end of the course there will be a mock exam covering the material studied in the course, and replicating in part the conditions of the CFA exam. All the questions of the weekly quizzes and final exam are CFA type questions. __________________________________________________________________________________

MRSyllabus_E0211.v1

Course Content:

Sessions Main Subjects CFA level I

Reading Lecturer

1 Welcome session MLM & USS

2 Ethical and Professional Standards 1-4 USS

3 Ethical and Professional Standards 1-4 USS

4 Quantitative Methods: Concepts & Application 7-11 MLM

5 Economics: Microeconomic Analysis 13-16 MLM

6 Economics: Macroeconomics Analysis 17-19 MLM

7 Corporate Finance 5-6; 36-42 USS

8 Portfolio Management 43-46 USS

9 Equity Investments 47-52 USS

10 Fixed Income 53-59 USS

11 Derivative Investments 60-65 USS

12 Company Analysis and Alternative Investments 66-67 USS

13 Mock Exam MLM & USS

__________________________________________________________________________________ Course Objectives: This course is aimed at students who want to develop their careers in Finance. The main goal of the Ethics and CFA Standards course is contribute to think critically about Ethics issues in Finance and to help you to prepare for the CFA Exam – Level 1. __________________________________________________________________________________ Grading: Average grade of all quizzes: 40% Class participation: 10% Final exam: 50% __________________________________________________________________________________

MRSyllabus_E0211.v1

Bibliography:

1. The main reading material is comprised of the CFA Institute Level 1 books. Students are requested to register for the CFA Examinations and to receive the CFA textbooks at: www.cfainstitute.org/pages/index.aspx

2. “Code of Ethics and Standards of Professional Conduct” and “Standards of Practice Handbook,

Tenth Edition”, are available on the following page: http://www.cfainstitute.org/ethics/codes/Pages/index.aspx

3. Students may complement their reading with study notes from several providers, including, for

instance, Schweser. __________________________________________________________________________________ Biography: Manuel Leite Monteiro holds a Ph.D. and a Master in Economics from Université catholique de Louvain (Belgium), and a Degree in Economics from Católica Lisbon – School of Business and Economics. He is Assistant Professor of Economics of Católica Lisbon. He teaches several courses at the Undergraduate, Masters, MBA and Executive Education Programs. His main areas of expertise are Statistics and Public Economics. He has participated in several applied studies, namely using quantitative methods applied to economic and business data. His scientific research has been focused on Public Economics and on studies of the Portuguese economy, and he has published articles in international refereed journals. Ulugbek Suyumov, CFA is a financial professional with a 19-year career history in several roles within financial institutions: research, brokerage, consulting, online trading, HNW banking, operational risk, investor relations and correspondent banking. Ulugbek is employed at Novobanco, is a CFA Charterholder since 2009 and holds a University degree in Business Administration from the European University. __________________________________________________________________________________ Contact(s) and Office hours: Manuel Leite Monteiro: mlm@ucp.pt, tel: 217 214 255 Ulugbek Suyumov: ulugbek.suyumov@novobanco.pt tel: 96 451 5668 __________________________________________________________________________________