Covers the essential analytical and quantitative tools applied in the investment management industry. It provides students with the knowledge and skills required to construct and manage portfolios of financial securities. Examines both index funds and actively managed portfolios, the mix of different types of assets in portfolios, and the role of derivative securities in portfolio management. Focuses on portfolio theory, investment analysis, quantitative analysis, factor models and portfolio risk management. An essential component involves the use of software programs (MS-Excel and Barra) in applying concepts to the real-world market environment.