FNCE 4409 – Securities Analysis and Valuation

(3 credits) 3 hours lecture

Students will study fundamental analysis approaches for the valuation of equities and fixed income securities. For equities, both micro-analytical and macro-analytical approaches will be studied and synthesised, in order to explore the best practices in equity research. Fixed income analysis will focus on the quantitative valuation and risks associated with both basic and complex fixed income vehicles. A critical review of literature in the field will supplement students’ knowledge. Students will value both debt and equity securities, through project work Financial modelling will form an integral part of the projects. Approximately 25% of the Chartered Financial Analyst® Level 1 curriculum will be reviewed.

Prerequisite: Finance 3227.