600

Quantitative and qualitative techniques for evaluating portfolios are presented consistent with the learning objectives for the Level I of the CFA exam. Traditional mean-variance analysis and more recent developments in portfolio theory are introduced. Measures of portfolio performance are covered.

Evaluation of fixed income investments and interest rate fundamentals. Topics will replicate those for the CFA® Level I program and typically include evaluating risk, spot and forward interest rates, and bond interest rate sensitivity as measured by duration and convexity.

This course primarily covers the use of financial statements in analyzing a firm and its securities. Topics will replicate those for the CFA® Level I program and typically include cash flow analysis, earnings computations, and liability classifications including off-balance-sheet debt.

Probability and statistical techniques as applied to financial markets. Topics will replicate those for the CFA® Level I program and typically include correlation and regression in the prediction and evaluation of investment performance.