Download Institution: Vilnius College in Higher Education

Institution: Vilniaus kolegija/University of Applied Sciences
Study Programme: Software Engineering
Faculty
Subject/Course
Course code (if any)
Number of ECTS Credits
Semester (Autumn, Spring)
Subject/Course form (classroom, e-Learning,
individual)
Teacher
Teacher’s contact information
Economics
Investment management
5
Autumn, Spring
classroom
Rokas Gegieckas
[email protected]
Learning outcomes
Knowledge and practical skills how to from investment portfolio: identification of investment
goals, time perspective and risk tolerance, choosing right asset allocation, identifying most
suitable strategy, instrument selection and rebalancing according to changed conditions in the
market or investment goals.
Description of the subject/course
This subject provides basic knowledge about investment and how invests efficiently. It
identifies characteristics of different asset classes and their sub-classes, which of them and in
what proportions to take then forming investment portfolio according to investment goal, how
to choose investment strategy according to investment goals and how to choose optimal
instruments. This subject also analyses how to evaluate risk and return of investment portfolio
and how to make adjustments in portfolio in case market conditions, investment strategy or
investment goals change.
Plan of studies
Titles of the main themes
1. Investment management
fundamentals
2. Financial instrument
asset classes and their
characteristics
3. Investment strategies
4. Risk and return
evaluation, efficient
frontier and modern
portfolio theory
5. Forming and managing
investment portfolio
Total number of hours
Number of contact hours
Consultation
Number of hours for
independent students’
work
Lectures
Practical
learning
4
4
8
4
6
4
8
4
2
14
6
8
4
24
34
24
8
67
4
2
12
13
Means of assessment
FE = 0,15 · (X1 + X2) + 0,3 · X3 + 0,4 · X4, as
FE – final evaluation; X1,2 - control works; X3 - self-contained work, X4 – examination.
Recommended literature:
1.
2.
3.
4.
5.
6.
7.
Benjamin Graham. The Intelligent Investor. Collins, 2005.
Anthony Crescenzi. Strategic Bond Investor. McGraw-Hill, 2002.
Philip Fisher. Common Stocks and Uncommon Profits. Wiley, 2003
Richard (Rick) Ferri. All About Asset Allocation. McGraw-Hill, 2010
William Bernstein. The Four Pillars of Investing. McGraw-Hill, 2010
Jeremy J. Siegel. Stocks for the Long Run. McGraw-Hill 2008
Burton G. Malkiel. A Random Walk Down Wall Street. W.W. Norton 2007