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COURSE SYLLABUS BUAD
338 PRACTICUM
IN PORTFOLIO MANAGEMENT FALL
2000 |
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INSTRUCTOR: |
Dr. Herman
Manakyan |
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OFFICE: |
303 Holloway
Hall |
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PHONE: |
(410) 677-5024 |
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FAX: |
(410) 546-6208 |
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E-MAIL: |
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WEB SITE: |
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OFFICE HOURS: |
MW
10:15-11:30, TR 9:30-11:00 Available
other times by appointment |
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RECOMMENDED READING: |
The
Wall Street Journal,
various Business periodicals.
Additional readings to be assigned during the semester. |
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ENROLLMENT
POLICY:
Completion of BUAD 441 with C or better,
and instructor’s consent.
COURSE
DESCRIPTION:
This course is made possible by funding
from the Judkins Family, the Perdue School and SSU Foundation. As a result of this funding, the students in
this course have been awarded the management of a $300,000 equity portfolio. The purpose of this course is to provide
practical hands-on experience in security analysis and selection, portfolio
construction, management, and maintenance.
The course is designed to assist students in implementing investments
and portfolio management theory in practice.
Students will make all material decisions regarding the management of
the portfolio.
ATTENDANCE:
Attendance at all scheduled class
functions is mandatory. On a number of
occasions, the class may be required to meet outside of the regularly scheduled
time. Also, team meetings and other
activities may be conducted outside of scheduled class meetings. A major component of the course is the group
dynamics and discussion involved in managing a portfolio in a team
setting. Any absences detract from this
experience, and will negatively impact your course participation grade.
PARTICIPATION:
Each student is expected to participate
in all team activities, class activities, and to regularly contribute to all
class discussions and decisions. In
addition, positive contribution to team efforts in preparation and presentation
of reports is required. The professor
will be making a daily assessment of each student’s contributions to class
discussion and activities.
Important announcements and communication
will regularly be distributed by e-mail.
TEAM
ASSIGNMENTS:
Throughout the semester, students will be
assigned to teams to conduct various types of analysis, prepare various
reports, and make presentations to the class and other constituents, to
facilitate sound decision making in the management of the portfolio. ALL reports require written AND oral
presentation. All team members are
expected to be active participants.
Each student will be given an opportunity to evaluate the contributions
of each team member at the end of the semester. This evaluation will be considered as part of the participation
grade for both the evaluator and the evaluatee.
PROFESSIONAL
INTERACTION:
An important component of the course is
professional interaction. Students will
be expected to participate in opportunities to interact with business and
investment professionals during the semester, both individually and as a
group. These opportunities may include
site visits, tours or team assignments requiring interaction with professionals. In addition, all teams will be expected to
participate in a presentation to the Economics and Finance Department Advisory
Council.
WRITING
ACCROSS THE CURRICULUM:
WAC will be addressed by the multiple
written reports prepared by the students.
COURSE
STRUCTURE:
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Week1 |
Assignment of teams Assignment of Economic Sector
Responsibilities |
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Week 2 & 3 |
Reports on Economic and Industry
Analysis |
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Week 4 |
Strategic Asset Allocation
recommendations/decisions |
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Week 5 -7 |
(Review of existing holdings, and
hold/sell recommendations) Security Analysis reports and buy
recommendations |
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Week 8 |
Recommendations of target price ranges
and review trigger points |
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Week 9-14 |
Ongoing review, re-evaluation, and recommendations
for modification. |
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Week 4, 8, 12 |
Preparation of monthly status reports |
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Week 14-15 |
End-of semester performance analysis
reports |
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Week 15 |
Presentation to Economics and Finance
Advisory Council |
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Week 15 |
Preparation of portfolio for the
unmanaged periods |
GRADING:
The course grade will be determined
according to the following formula:
Weight
Written and Oral Reports: 75%
Participation 25%