This course studies the financial planning industry. Students create sample investment plans for either individual investors of varying backgrounds or institutional investors with a wide range of goals. To start, the investment needs of a broad range of investors is covered – from individuals in different phases of their life and having varied levels of wealth, financial knowledge and risk tolerance, to institutional endowments, pension plans, government funds and insurance company accounts. Students learn to identify investor needs and goals, including required returns, risk tolerance and time horizons. Student will also study the basics of asset allocation and asset-liability matching concepts.
Prerequisites