Investments Syllabus Spring2014

8/12/2019 Investments Syllabus Spring2014

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INVESTMENTSFIN -4223

Spring 2014

MW 4:00-5:15Instructor: Matt Hull

E-mail: [email protected]

Phone: 744-8664

Office Hours: by appointment

Office Location: 410A Business Building

Course Description and Goals

This course explores various approaches to analyzing and valuing investments opportunities, e.g., common stocks,

bonds, and options, and examines modern concepts of portfolio theory. The goal of the course will be to present

both theoretical issues and material of practical value. It will focus on the concepts of risk and return, asset

allocation, diversification, security valuation, and market efficiency. Students should be able to understand and

effectively utilize the terminology commonly used in the finance industry to describe and discuss market forces,

securities, participants, and positions. Students will also understand trading structures in the markets and how

securities are traded.

Specifically, students should be able to:

Course Objective Program Learning GoalApply various models to value stocks and bonds.

Analyze the stylized facts of stocks, bonds and

options.

Business Knowledge and Competency

Use financial data from available databases. Use

Excel to analyze the relationship between risk and

return. Examine benefits of diversification and use

optimization techniques to design efficientlydiversified portfolios. Conduct a thorough security

analysis

Technological Competence Critical Thinking

Written Communication

Use asset pricing models as a tool to uncover

anomalies in the observed behavior of financial

securities, and assess the performance of various

investment strategies and professional money

managers.

Business Knowledge and Competency Critical Thinking

Identify and discuss ethical dilemmas regarding

insider trading and market efficiency. Ethical Decision Making Business Knowledge and Competency

Gain experience in securities trading and portfolio

management through a class-wide competition Business Knowledge and Competency Critical Thinking

Have a basic understanding of derivative securities

and their use. Business Knowledge and Competency

Since this is a high-level course, which covers difficult material, I expect students to work hard. Many of the topics

are quite quantitative and require ample self-exercise. I expect the course to be a lot of fun, but also a lot of work!
mailto:[email protected]:[email protected]:[email protected]


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REQUIRED READINGS:

1. Jordan Miller. Fundamentals of Investments, Sixth Edition. McGraw-Hill/Irwin.

2. McGraw Hill : Connecthttp://connect.mcgraw-hill.com/class/m_hull_spring_20143. Cramer, James J., Jim Cramers Real Money: Sane Investing in an Insane World . Simon & Schuster, 2005

Other Materials: Regular reading of the following publications is suggested

1. Barrons,Business Week, Forbes, Fortune, Investors BusinessDaily , Kiplingers2. Money, Smart Money, Value Line, Wall St. Journal.3. You will need a financial calculator.

a. I recommend Texas Instruments BAII Plus or BAII Plus Professional

ATTENDANCE AND OFFICE HOURS:Regular attendance is highly recommended. Please feel free to contact me either by phone, e-mail, or in

person if you have any questions regarding the course. If ever you need to talk to me outside of class andin person I encourage you to email me and make an appointment.

OSU University Syllabus Attachment: Additional important academic information and university

policy can be found on the syllabus attachment that can be downloaded from the OSU website at:

http://academicaffairs.okstate.edu/images/Patty/FacultyandStaffResources/Syllabus/spring%202014%20syllabus%20final%20with%20copyright%20statement.pdf

Exams could consist of multiple choice questions, problem solving questions and essay

questions. They will cover boththe material presented in class and assigned reading. It is my

policy that no student may leave an examination until the test has been handed in.

Projects: You will have two projects one that is to be completed by yourself and the second willbe completed in collaboration with other students.

Written Assignments- Topics for written analysis will be assigned in class. This will call for

research, reading of assigned articles and critical thought.

NO Late papers or projects, late work will not be graded. Late is defined after the time I call forthem in class or after the electronic classroom drop box closes. Turning in work early is an

acceptable alternative to late work.

Grading Policy:

o Exam 1 150 pts.

o Exam 2. 150 pts.

o Security Analysis 300 pts.

o Cramer Book Assignment 100 pts.

o Final exam: Cumulative 300 pts.1000 pts.

Letter grades will be determined as:A = 90% or above 900 points and above

B = 80% - 89% 800899 pointsC = 70% - 79% 700799 pointsD = 60% - 69% 600699 pointsF = below 60% 599 points and below
http://connect.mcgraw-hill.com/class/m_hull_spring_2014http://connect.mcgraw-hill.com/class/m_hull_spring_2014http://connect.mcgraw-hill.com/class/m_hull_spring_2014https://mail.okstate.edu/owa/redir.aspx?C=CmEWFD3cUUu0mApk-XHKePq5AqUi5NAIy1M6xaL8CqFvZIbTBkUZiDLr0rrAeAoQR7ZoNaT765I.&URL=http%3a%2f%2facademicaffairs.okstate.edu%2fimages%2fPatty%2fFacultyandStaffResources%2fSyllabus%2fspring%25202014%2520syllabus%2520final%2520with%2520copyright%2520statement.pdfhttps://mail.okstate.edu/owa/redir.aspx?C=CmEWFD3cUUu0mApk-XHKePq5AqUi5NAIy1M6xaL8CqFvZIbTBkUZiDLr0rrAeAoQR7ZoNaT765I.&URL=http%3a%2f%2facademicaffairs.okstate.edu%2fimages%2fPatty%2fFacultyandStaffResources%2fSyllabus%2fspring%25202014%2520syllabus%2520final%2520with%2520copyright%2520statement.pdfhttps://mail.okstate.edu/owa/redir.aspx?C=CmEWFD3cUUu0mApk-XHKePq5AqUi5NAIy1M6xaL8CqFvZIbTBkUZiDLr0rrAeAoQR7ZoNaT765I.&URL=http%3a%2f%2facademicaffairs.okstate.edu%2fimages%2fPatty%2fFacultyandStaffResources%2fSyllabus%2fspring%25202014%2520syllabus%2520final%2520with%2520copyright%2520statement.pdfhttps://mail.okstate.edu/owa/redir.aspx?C=CmEWFD3cUUu0mApk-XHKePq5AqUi5NAIy1M6xaL8CqFvZIbTBkUZiDLr0rrAeAoQR7ZoNaT765I.&URL=http%3a%2f%2facademicaffairs.okstate.edu%2fimages%2fPatty%2fFacultyandStaffResources%2fSyllabus%2fspring%25202014%2520syllabus%2520final%2520with%2520copyright%2520statement.pdfhttps://mail.okstate.edu/owa/redir.aspx?C=CmEWFD3cUUu0mApk-XHKePq5AqUi5NAIy1M6xaL8CqFvZIbTBkUZiDLr0rrAeAoQR7ZoNaT765I.&URL=http%3a%2f%2facademicaffairs.okstate.edu%2fimages%2fPatty%2fFacultyandStaffResources%2fSyllabus%2fspring%25202014%2520syllabus%2520final%2520with%2520copyright%2520statement.pdfhttp://connect.mcgraw-hill.com/class/m_hull_spring_2014


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Academic Dishonesty: Academic Dishonesty or Misconduct will not be tolerated. Examples

include plagiarism, unauthorized collaboration on assignments and projects, cheating on

examinations, unauthorized advance access to exams, fraudulent alteration of academicmaterials, and failure by a student to prevent misuse of his/her work by others. The University

Policy, Procedures and Sanctions for Academic Dishonesty or Misconduct will be followed. It is

your responsibility to refer to the OSU Student Rights and Responsibilities Governing StudentBehavior (www.okstate.edu/ucs/srr.html), Catalogue, and Policy and Procedure Letters

E-MAIL PROTOCOL

Due to the tremendous amount of junk mail that appears in my university e-mail account, youwill need to follow this protocol if you want a timely response to your e-mail. When creating the

e-mail be sure to include in the Subject Line FIN4223"(I will filter my incoming mail for this

phrase and will only respond to those that have FIN4223 in the subject line, no spaces). Also

please include a salutation (i.e. Dear Mr. Hull), and close with your name (if your question mayrequire detailed explanation, also include your phone number).

DISABILITIES:If any member of this class feels that she/he has a disability and needs special accommodations, I

will work with you and the Office of Disabled Student Services, 326 Student Union, to provide

reasonable accommodations to ensure that you have a fair opportunity to perform in this class.Please advise me of disabilities during the first week of class as well as the Office of Disabled

Student Services in order to provide the required written verification from that office.

Additional Policies:

1) Grades will not be given out over the phone or by email.2) If you have a problem with CONNECT you have to bring me a case #.

3) Priority will be given to students who are in the office. Walk Inswill be asked to wait or call back at alater time if there is a student present.

4) If you ask to review questions in order to renegotiate your grade on homework, assignment or an exam. Ireserve the right to re-grade the entire exam ,paper, or assignment.

5) Office hours are specifically for the purpose of addressing questions and problems related to class and arereserved for students. Times other than posted for office hours are by appointment, but are available. Ifyou do not have an appointment for hours outside of posted office hours, you may be asked to wait orcome back at a later time.

6) You are responsible for all material presented in class. If you miss any material because of absence ortardiness, you should ask another student for notes. The instructors notes will not be available.

7) Cell phones, pagers and other electronic devices must be turned off during the class. Repeatedinterruption from these items will run the risk of dismissing the student from the class or the items

being confiscated. If you are late arriving to class, please make everyeffort to minimize

disruption to other students.

Investments Syllabus Spring2014

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