Portfolio Analysis and Management

The course is designed to introduce students into principles of portfolio construction, management and analysis. The course starts with the introduction to the investment environment, the asset classes and the securities traded. Then students get familiarized with stylized facts for different asset classes. Modern portfolio theory will provide basis and ground for further development. Equilibrium in the capital markets will be discussed through the Capital Assets Pricing Model, the Arbitrage Pricing Theory and Multifactor models. The efficient market hypothesis will provide theoretical framework for market analysis. The lectures will end with the portfolio performance evaluation.

+389 2 246 3156
Boulevard III Makedonska Brigada 60, 1000 Skopje


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