1. Portfolio Management
MODULE GUIDE 2014-15This document is designed to supplement information contained
in the University’ s Web based Module Information Directory
http://mid.coventry.ac.uk/midhome.htmlStudents should consult the MID entry for
information on;Module summary Teaching Learning and AssessmentModule
resources Module organisation.1. Module deliveryIf you have a disability or medical
condition and need an adjustment to allow you to fully participate in this module (e.g.
different format of literature, clear communication for lip reading, breaks for medication,
etc.) please tell your lecturer so that arrangements may be made.1.1 Teaching PlanTo
complete the module successfully, attendance at all classes is advised. Students are also
expected to work independently, undertake any required background reading or practice
exercises and actively participate in seminars or other small group work. If allocated to a
seminar group, students should remain with that group.Week Method of
Delivery Topic1 L + S Introduction to portfolio management.2 L + S The
measurement of risk and return3 L + S Markowitz portfolio theory.4 L + S The Capital
Market Line and the CAPM5 L + S Using the CAPM for portfolio management.6 L +
S Testing the CAPM – Single Index Model.7 L + S Efficient market theory.8 L +
S Passive fund management and EMT.9 L + S Active fund management and alpha
returns.10 L + S Behavioural finance and the critique of modern portfolio
theory.1.2 Module tutorsModule Leader Room E-mail TelephoneTony
Kilmister WM121Surgery hours: Monday 12.00-2.00.Tuesday 11.00-1.00Messages can
be left at reception in the William Morris building or emailed to the tutor.1.3 Use of
Module webThe module web will be used to convey module resources such as lecture and
seminar handouts and announcements.2. Module AssessmentThe assessment method and
coursework weighting can be found in section 1 of the MID entry for this module on
http://mid.coventry.ac.uk/The assessment for this module consists of one examination
[70% of module mark] and one coursework [30% of module mark]. The coursework
assessment takes the form of one piece of written work.2.1 Coursework
AssignmentsFurther details will be published on the module website.2.2 Coursework
deadlinesCoursework Assignment Day Month Year5 December 2014Late WorkAll
work submitted after the submission deadline without an approved reason will be given a
mark of zero. This is not the same as a non-submission, as a late submission counts as an
attempt and a mark of zero may allow you to resit the coursework (see section 2.6 on
referrals).You should note that short deferrals (extensions) of up to three calendar weeks

2. can only be given for genuine “ force majeure” and medical reasons, not for bad planning of
your time. Please note that theft, loss, or failure to keep a back-up file, are not valid reasons.
The short deferral must be applied for on or before the submission date. You can apply for a
short deferral by submitting an Examination/ Coursework Deferral Application Form.
Application Forms along with the supporting evidence should go to the relevant Student
Support Office (WM404 or GE103), for undergraduates, or Postgraduate Reception
(WMG29). For a longer delay in submission a student may apply for a (long) deferral. See
your programme manager for details.Examination/Coursework Deferral Application Forms
are available from the BES reception, the Student Support Offices in WM and GE buildings,
or the BES Faculty website.2.3 Coursework submissionDetails of the arrangements for
coursework submission are set out in the document “ Coursework Submission” . If you did
not collect a copy of this document at enrolment you can download it from the BES Faculty
website or collect a copy from reception.You should always enter your name and complete
all other details on a BES coursework cover sheet and also ensure that your student ID
number and the module number are on the front page of the coursework itself.You must
check that all your coursework marks have been recorded accurately on the module web
and notify your module tutor if you believe a mistake has been made.NB. It must be stressed
that all marks notified to you during the year are provisional until confirmed by the end of
year Subject Assessment Board. It is possible that notified marks may be raised or lowered
by this board.Students MUST keep copies (electronic or photocopies) of all coursework
submitted on this module.2.4 PlagiarismStudents are advised to consult the University
Regulations* and their course handbooks regarding the penalties for and definition of
plagiarism, which essentially is the deliberate and substantial insertion in your own work of
material from someone else e.g. a published source such as a book or article, or simply
another student’ s piece of work, without acknowledging the extent or source or clearly
marking up the quotation in inverted commas.*To view regulations use the University
website.USE OF TURNITIN1. Whenever requested by your module leader, you should
upload a WORD copy of your work onto the relevant icon on your module web for
plagiarism checking. If you do not do this then your work will not be marked.2. Drafts of
assessed work for any particular module should only be uploaded onto the draft icon on
that module web, as this draft icon will be configured so that the final submission will not
flag up overlaps with the draft submission. If you submit a draft onto any other module web
then Turnitin will identify any overlaps with your final submission as plagiarised.3. You
should never submit anyone else’ s work onto Turnitin under your own name and you
should never ask anyone else to submit your work onto Turnitin under their name.4.
Normally students are only allowed to submit one draft of an assessment via Turnitin. If the
guidance on plagiarism has been followed, and the student has written the work
themselves, this should be sufficient.For further guidance on the use of Turnitin please see
your module web, ask your tutor or contact the CUOnline helpdesk.2.5 Form of
ExaminationThe examination will comprise a two hour unseen paper.You are reminded that
the form of the examination may be subject to revision. More information on the structure
of the examination paper and what is expected of students in the examination will be
provided during the revision session.2.6 ReferralYou must have attempted the

3. coursework (and examination, if appropriate) at the first attempt to be eligible for a re-sit.If
you are referred in a coursework component you will be normally required to submit a
complete new set of assignments. Students should look on the BES Faculty website to obtain
referred work for assessments and the exact deadline date. (The deadline will be normally
be in mid-August, just before resit examinations commence.) The referred examination
timetable will be published on the university website3 MODULE RESOURCESThe essential
textbook(s) recommended for purchase is / are:-
Author Date/Edition Title Publisher Library shelf numberEJ Elton, MJ Gruber,
SJBrown & WN Goetzmann 20108th Edition Modern Portfolio Theory and Investment
Analysis Wiley 332.6 ELTR A Strong 2009 Portfolio Construction, Management,
Protection South Western 332.645 CUT3.1 Web
sitesSite url CommentsBloomberg www.bloomberg.comFinancial
Times www.ft.comReuters www.reuters.co.ukYahoo
Finance finance.yahoo.co.ukI.M.F www.imf.orgWorld
Bank www.worldbank.orgOECD www.oecd.orgA variety of subject generic Web links are
accessible via the BES Faculty website.3.4 Other resourcesAIDitional resources can be
found in the module’ s Moodle site4. MODULE HANDOUTSStudents enrolled on this
module will have the handouts detailed below made available to them via this web
site.4.1 Lecture NotesTopic LocationIntroduction to portfolio
management. CUonlineMarkowitz portfolio theory. CUonlineThe capital asset pricing
model. CUonlineApplying CAPM to portfolio analysis. CUonlineTesting the
CAPM. CUonlineEfficient market theory. CUonlinePassive fund management and
EMT. CUonlineActive fund management and alpha returns. CUonline4.3 Past
examination papersCopies of previous years’ examination paper can be accessed online via
CURVE.Students are warned that the format of the examination paper may be subject to
variation.ORDER TODAY YOUR PAPER WITH SIMILAR INSTRUCTIONS AND WE WILL
WRITE YOUR PAPER FROM SCRATCH