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Average Course Rating

This course offers a rigorous treatment of the subject of investment as a scientific discipline. Mathematics is employed as the main tool to convey the principles of investment science and their use to make investment calculations for good decision-making. Topics covered in the course include the basic theory of interest and its application to fixed-income securities, cash flow analysis and capital budgeting, mean-variance portfolio theory, and the associated capital asset pricing model, utility function theory and risk analysis, derivative securities and basic option theory, portfolio evaluation. The student is expected to be comfortable with the use of mathematics as a method of deduction and problem solving. Students may not receive credit for both EN.550.342 and EN.553.442 Students who have received credit for AS.110.106 and/or AS.110.107 taken prior to Fall 2020 should contact the course instructor to determine whether they can receive permission to register for this course.