ESCP Europe

"Bodie, Kane, and Marcus' "Investments" is the leading textbook for the graduate/MBA investments market. It is recognized as the best blend of practical and theoretical coverage, while maintaining an appropriate rigor and clear writing style. Its unifying theme is that security markets are nearly efficient, meaning that most securities are usually priced appropriately given their risk and return attributes. The text places greater emphasis on asset allocation, and offers a much broader and deeper treatment of futures, options, and other derivative security markets than most investment texts."

PART I: INTRODUCTION --- 1. The investment environment --- 2. Financial instruments --- 3. How securities are traded --- 4. Mutual funds and other investment companies --- PART II: PORTFOLIO THEORY AND PRACTICE --- 5. Learning about return and risk from the historical record --- 6. Risk aversion and capital allocation to risky assets --- 7. Optimal risky portfolios --- 8. Index models --- PART III: EQUILIBRIUM IN CAPITAL MARKETS --- 9. Capital asset pricing model --- 10. Arbitrage pricing theory and multifactor models of risk and return --- 11. The efficient market hypothesis --- 12. Behavioural finance and technical analysis --- 13. Empirical evidence on security returns --- PART IV: FIXED-INCOME SECURITIES --- 14. Bond prices and yields --- 15. The term structure of interest rates --- 16. Managing bond portfolios --- PART V: SECURITY ANALYSIS --- 17. Macroeconomic and industry analysis --- 18. Equity valuation models 19. Financial statement analysis --- PART VI: OPTIONS, FUTURES, AND OTHER DERIVATIVES --- 20. Options markets: introduction --- 21. Option valuation --- 22. Futures markets --- 23. Futures and swaps and risk management --- PART VII: APPLIED PORTFOLIO MANAGEMENT --- 24. Portfolio performance evaluation --- 25. International diversification --- 26. Hedge funds --- 27. The theory of active portfolio management --- 28. Investment policy and the framework of the CHA Institute --- References to CFA problems --- Glossary --- Name index --- Subject index..