NBA 5120

Applied Portfolio Management

Course Description

Course information provided by the Courses of Study 2022-2023.

This course is an introduction to the theory and practice of fundamental research, quantitative equity security selection, and equity portfolio management. Students have the unique opportunity as part of this course to manage the Cayuga Fund, a student managed fund with $1 million in assets under management from the Cornell University endowment. Students will serve as fundamental analysts, quantitative analysts and portfolio specialists for the fund. Instruction on analysis, portfolio management and the investment business are included in this course. Students are expected to assume leadership for managing the Fund by the end of the semester. The experience is similar to that offered to rising analysts and portfolio managers in buy-side investment firms. Students will learn credit research techniques, maintain their stock coverage and continue managing the Fund in the spring.

When Offered Fall, Spring.

Permission Note Enrollment limited to: graduate students in business or related fields and students who successfully completed NBA 4120. Priority given to: second-year MBAs who successfully completed either NBA 5060 or finance immersion. Non-Johnson students who successfully completed NBA 4120 and 1st-year Baker students are eligible to apply. Admission is competitive and merit-based once application acceptance exceeds 12.
Prerequisites/Corequisites Corequisite: NBA 5121.

Comments Students will be assigned to sectors and portfolio teams, and must prepare fundamental micro-industry definitions before the Fundamental Module begins.

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