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SS463 COURSE DETAILS


3 Version(s) of this Course

SS463 (Version: 2021 1) COURSE DETAILS


COURSE TITLE EFF YEAR EFF TERM DEPARTMENT CREDIT HOURS
SS463 INVESTMENT THEORY & APPL 2021 1 Social Sciences 3.0 (BS=0.0, ET=0.0, MA=0.0)
SCOPE
Investment Theory and Application is designed to give cadets an appreciation of the theoretical underpinnings for investing as well as the way investors think about and approach the markets today. This course pulls from concepts in statistics, microeconomics, econometrics, accounting, and finance. Broadly, the course is organized into three interconnected blocks. Before studying the movement of prices and the measure of risk and return in the markets, investors need to understand how to value (price) a security (stock, bond, or option). After understanding these basic valuation techniques, investors can begin appreciating the relationship between risk and return in the markets and how that builds to some of the foundational theories and models in finance: modern portfolio theory, the efficiency market hypothesis, and the capital asset pricing model. Finally, after building the theoretical story of efficient markets, we will explore the counterpoint. The course concludes with a rigorous final project, where students wade through imperfect information to propose and defend recommendations for the current active portfolio within West Point's Investment Club.
LESSONS: 30 @ 75 min (2.000 Att/wk) LABS: 0 @ 0 min
SPECIAL REQUIREMENTS:
None

SS463 COURSE REQUISITES


TYPE COURSE EFF YEAR EFF TERM TRACK RED BOOK FLG
PRE REQUISITE  
  SS368 1989 2 1 Y
  SS382 1980 2 1 Y
  SS494 2015 1 1 Y

SS463 (Version 2021-1) COURSE OFFERINGS


AYT #SECT/SIZE CPBLTY ENRLD WAIT SEATS CLOSED CRSE DIRECTOR DETAILS
2023 - 2 3 18 54 38 0 16 N CPT GANNETTA Hours

2024 - 2 3 18 54 53 0 1 N Hours

2025 - 1 0 18 0 0 0 0 Y Hours

2025 - 2 3 18 54 41 0 13 N CPT GANNETTA Hours

2026 - 1 0 18 0 0 0 0 N Hours

2026 - 2 2 18 36 1 0 35 N CPT GANNETTA Hours


SS463 (Version: 2019 2) COURSE DETAILS (ARCHIVED)


COURSE TITLE EFF YEAR EFF TERM DEPARTMENT CREDIT HOURS
SS463 INVESTMENTS THEORY & APPL 2019 2 Social Sciences 3.0 (BS=0.0, ET=0.0, MA=0.0)
SCOPE
This course will draw upon the theory and methods of microeconomics and applied econometrics to investigate how individual and institutional investors optimize investment portfolios to maximize risk-adjusted returns. The course is organized into five blocks: (i) financial markets and institutions; (ii) optimal asset allocation with uncertain returns; (iii) modem portfolio theory, which explores asset pricing and market efficiency; (iv) security valuation; and (v) portfolio management - how individual and institutional investors manage investment portfolios to maximize risk-adjusted returns and achieve efficient diversification, given preferences for risk.
LESSONS: 30 @ 75 min (2.000 Att/wk) LABS: 0 @ 0 min
SPECIAL REQUIREMENTS:
None

SS463 COURSE REQUISITES


TYPE COURSE EFF YEAR EFF TERM TRACK RED BOOK FLG
PRE REQUISITE  
  SS368 1989 2 1 Y
  SS382 1980 2 1 Y

SS463 (Version: 2017 2) COURSE DETAILS (ARCHIVED)


COURSE TITLE EFF YEAR EFF TERM DEPARTMENT CREDIT HOURS
SS463 INVESTMENTS THEORY & APPL 2017 2 Social Sciences 3.0 (BS=0.0, ET=0.0, MA=0.0)
SCOPE
This course will draw upon the theory and methods of microeconomics and applied econometrics to investigate how individual and institutional investors optimize investment portfolios to maximize risk-adjusted returns. The course is organized into five blocks: (i) financial markets and institutions; (ii) optimal asset allocation with uncertain returns; (iii) modem portfolio theory, which explores asset pricing and market efficiency; (iv) security valuation; and (v) portfolio management - how individual and institutional investors manage investment portfolios to maximize risk-adjusted returns and achieve efficient diversification, given preferences for risk.
LESSONS: 40 @ 55 min (2.500 Att/wk) LABS: 0 @ 0 min
SPECIAL REQUIREMENTS:
None

SS463 COURSE REQUISITES


TYPE COURSE EFF YEAR EFF TERM TRACK RED BOOK FLG
PRE REQUISITE  
  SS368 1989 2 1 Y
  SS382 1980 2 1 Y