Class 03
Instructor
Dr. Bill Yeung
Course length
1 Hour
Instructor
Dr. Bill Yeung
About the course
Dr. Yeung簡介：
Dr. Yeung擁有澳洲南十字星大學工商管理博士學位；香港大學的教育証書(主修商業及會計科)；英國卡迪夫大學工商管理碩士(MBA) 及澳洲南昆士蘭大學專業會計商學士。
Dr. Yeung 是澳洲會計師公會資深會員(FCPA(Aust.))。英國特許市務學會會員, 香港市務學會資深會員,曾在不同商業機構包括大型證券從事管理工作，具有超過10年專業管理經驗。他亦曾擔任香港會計師公會學生專業考試(QP Programme)的顧問(QP Advisor)。
相關教育資格和經驗：
-香港教育局註冊教師
-香港能仁專上學院商學院助理教授: 教授香港政府認可本地商業及會計科學位課程
-香港科技專上書院講師及課程主任(Programme Leader) , 教授本地副學士課程及英國提賽德大學 (Teesside University), 澳洲南十字星大學及維多利亞大學商業及會計科學位課程
-香港公開大學李嘉誠專業進修學院講師及課程經理(Programme Manager)
-英國布拉德福德大學/利物浦約翰摩爾斯大學兼任講師
The Aim
The goal in this course is to provide you with an advanced understanding of how financial markets function and how assets are priced and traded. This paper covers fundamental concepts related to the portfolio decisions of individual and institutional investors. Using the concept of risk-return trade-off as a unifying theme, it discusses the techniques and implications of efficient portfolio diversification and the allocation of assets among different securities. The valuation of equity and fixed income securities are covered in some depth.
Course Outlines
This course will cover a study of financial markets and the types of securities traded on each market. This course will help students develop a conceptual framework and analytical tools and be able to apply them to particular investments and investment strategies selected from a wide array of companies, securities and investment vehicles. The focus in the course will be on adding value across the spectrum of decisions ranging from position-taking in particular securities to managing portfolio risk. The role of ethical behavior is incorporated into the study of financial markets, as well as portfolio management. Moral reasoning will be factored into portfolio management as well as environmental, multinational, and global issues affecting investments and investment performance.
The Learning Outcomes
On successful completion of this unit a learner will be able to:
1 Implement the mean-variance mathematics of portfolio optimization
2 Understand and distinguish between concepts of risk underlying different models of asset returns such as CAPM, APT, benchmark factor models etc
3 Understand the impact of behavioural biases and limits to arbitrage on market efficiency
4 Value equity and fixed income securities using both fundamental and relative valuation approaches
4 Deal with real world data in order to solve practical investment problems