COURSE SYLLABUS

BUAD 338

PRACTICUM IN PORTFOLIO MANAGEMENT

FALL 2000

 

 

INSTRUCTOR:

Dr. Herman Manakyan

 

OFFICE:††††††††

303 Holloway Hall

 

PHONE:††††††††

(410) 677-5024

 

FAX:††

(410) 546-6208

 

E-MAIL:

hxmanakyan@salisbury.edu

 

WEB SITE:

http://facultyfp.salisbury.edu/hxmanakyan

 

OFFICE HOURS:

MW 10:15-11:30, TR 9:30-11:00

Available other times by appointment

 

RECOMMENDED READING:

The Wall Street Journal, various Business periodicals.Additional readings to be assigned during the semester.

 

 

 

 

 

ENROLLMENT POLICY:

 

Completion of BUAD 441 with C or better, and instructorís 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 studentís 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:

 

Week1

Assignment of teams

Assignment of Economic Sector Responsibilities

Week 2 & 3

Reports on Economic and Industry Analysis

Week 4

Strategic Asset Allocation recommendations/decisions

Week 5 -7

(Review of existing holdings, and hold/sell recommendations)

Security Analysis reports and buy recommendations

Week 8

Recommendations of target price ranges and review trigger points

Week 9-14

Ongoing review, re-evaluation, and recommendations for modification.

Week 4, 8, 12

Preparation of monthly status reports

Week 14-15

End-of semester performance analysis reports

Week 15

Presentation to Economics and Finance Advisory Council

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%