Please note: there may be some adjustments to the teaching arrangements published in the course catalogue for 2020-21. Given current circumstances related to the Covid-19 pandemic it is anticipated that some usual arrangements for teaching on campus will be modified to ensure the safety and wellbeing of students and staff on campus; further adjustments may also be necessary, or beneficial, during the course of the academic year as national requirements relating to management of the pandemic are revised.

Investment Analysis and Portfolio Management ACCFIN5236

  • Academic Session: 2022-23
  • School: Adam Smith Business School
  • Credits: 20
  • Level: Level 5 (SCQF level 11)
  • Typically Offered: Semester 1
  • Available to Visiting Students: No
  • Available to Erasmus Students: No

Short Description

The course focuses on advanced investment analysis and various issues involved in the portfolio management process and financial securities, including equities, bonds, and derivatives, associated with international financial markets and multinational companies.


10 x 2-hour seminars, 8 x 1-hour breakout sessions.

Requirements of Entry

Please refer to the current postgraduate prospectus at:

Excluded Courses





25% Group Essay (ILOs 1-6), 75% Final Exam (ILOs 1-6)

Main Assessment In: December

Course Aims

The aim of the course is to provide students with a thorough understanding of investment portfolio or fund management, as well as an advanced critical understanding of common financial securities traded in capital markets. The course stresses the necessity of deciding on the investment goals before taking any other decisions that hinge on concepts of risk, return, and valuation. Various asset pricing models will be applied to practical investment problems. The course further provides an in-depth understanding on the international issues of diversification and fund management.

Intended Learning Outcomes of Course

At the end of this course, students should be able to;

1. Critically assess the mechanisms of capital markets from the perspective of both an individual investor and financial institutions.

2. Evaluate pricing techniques for various financial assets specifically equities, bonds and options, traded within the financial markets.

3. Demonstrate a critical approach to the management of investment portfolios including the evaluation of investment decisions that bridge theory and practice.

4. Critically appraise the theoretical underpinnings and empirical evidence concerning the modern portfolio management and trading techniques.

5. Apply appropriate analytical and integrative thinking to construct, manage, and evaluate a range of investment strategies faced by fund managers and investors.

6. Assess the various aspects of international investing for portfolio management, especially in the context of emerging markets.

7. Work effectively in a group to produce academic outputs.

Minimum Requirement for Award of Credits

Students must submit at least 75% by weight of the components (including examinations) of the course's summative assessment.