INVESTMENT MANAGEMENT (IM)

 

First Major: Any TEN (10) courses of the following have to be completed for a First Major in Investment Management  (IM) (10 X 3) 30 credit hours.

Second Major: Any SIX (6) courses of the following have to be completed for a Second Major in Investment Management  (IM) (6 X 3) 18 credit hours.

Minor: Any FOUR (4) courses of the following have to be completed for a Minor in Investment Management  (IM) (4 X 3) 12 credit hours.

ELECTIVE/MAJOR COURSES

Course Code

Course Title

Pre-requisite

IM-4001

Financial Markets

20 core courses including BBA-3116

IM-4002

Negotiation Theory and Practice

20 core courses including BBA-4119

IM-4003

Regulations and Investment

IM-4001

IM-4004

Doing Business in Bangladesh

20 core courses including BBA-4119

IM-4005

Macroeconomic Conditions for Investment

20 core courses including BBA-2209

IM-4006

Investment Analysis and Portfolio Management

20 core courses including BBA-3116

IM-4007

Labor Economics

20 core courses including BBA-2209, MAT-2103

IM-4008

Economics and Law

20 core courses including BBA-2209, MAT-2103

IM-4009

Competition Assessment and Law

20 core courses including BBA-2211

IM-4010

Business Risk Management

20 core courses including BBA-3116

IM-4011

Global Finance

20 core courses including BBA-3116

IM-4012

Financial Derivatives

IM-4006

IM-4013

Taxation

20 core courses including BBA-3116

IM-4014

Development Economics

20 core courses including BBA-2209, MAT-2103

IM-4015

Agribusiness Management

IM-4010

Note: Each course equivalent to 3 credit hours

COURSE DESCRIPTIONS

IM-4001 Fundamentals of Quantitative Analysis

Pre-requisite: BBA-3115

Introduces the methods of data presentation and analysis and their applications to business problems, including measures of data description, probability concepts and distributions and statistical decision theory. Also considers sampling theorem, hypothesis testing using different techniques.

 

IM-4001: Financial Markets and Institutions

Pre-requisite:20 core courses including BBA-3116

This course deals with the dynamics of financial markets, and how along with financial institutions it plays a vital role in the economic development of a nation. The major topics of this course include the following: Empirical as well as contemporary analysis of financial markets, Financial instruments traded in these markets, The role that central bank play in the financial market sector, The banking industry, determination of interest rate, mutual funds operations, pension funds operations, the non-bank financial institutions, and others. The Dhaka Stock Exchange, Chittagong stock Exchange Activities etc. indices, Primary Market, Secondary Market, Merchant Banking.

 

IM-4002: Negotiation Theory and Practice

Pre-requisite: 20 core courses including BBA-4119

The primary purpose of the course is to make students more cautious and at the same time critical observer of the negotiation process. After completing this course, students should be able to watch a negotiation and understand not only what the negotiators are doing but why they are doing it and whether their tactics help to accomplish their objectives. The secondary and related purpose of the course is to help students to use their understanding of the process to become a better negotiator. The major topics of this course should include: Introduction to the Study of Negotiation, The Bargaining Zone, Psychological Aspects of Defining the Bargaining Zone, Integrative Bargaining, Power, Social Norms of Division, The Negotiator's Dilemma, Conflict Style, Group Membership, The Principal-Agent Relationship, Multilateral Negotiations, using Mediation in Negotiation, Misrepresentation, The Law of Settlement.

 

IM-4003: Regulations and Investment

Pre-requisite:IM-4001

This course provides an opportunity to students with regard to the character and structure of different relevant institutions influencing investment and competition. The major topics of this course are the followings: The Role of Bangladesh Bank i.e. Central bank is creating investment climate, the Role of Securities and Exchange Commission (SEC) as a regulator of capital markets, the Role of Board of Investment (BOI) in affecting local and foreign investment in the country; the Role of various Ministries and Departments of the government, and the Role of Parliament in influencing investment in the country. The Company Act, Register of Joint Stock Companies, Professional Institutions.

 

IM-4004: Doing Business in Bangladesh

Pre-requisite: 20 core courses including BBA-4119

This course acquaints students with cultural as well as historical and language related issues that have to be understood in doing business in Bangladesh. The major topics of this course include the following: Basic Cultural Differences, Bangladesh's History and Language, Relationship of Chinese Culture to Doing Business in Bangladesh, Bangladesh's Current Business Environment and Economic Issues, Business Relationships and Regulations in Bangladesh, Alternative Venture Formats for Doing Business in Bangladesh and Corporate Governance in Bangladesh, Summary of Current Perspectives of Bangladesh. Constitution, Government Industrial Policy, Labor Code, Individual Policy.

 

IM-4005: Macroeconomics Conditions for Investment

Pre-requisite: 20 core courses including BBA-2209

The aim of this course is to help in learning different macroeconomic policies that influence investment in an economy and deals with policies such as Fiscal policies, Monetary policies, Foreign exchange policies, Trade and Tariff policies and a quick review of political economy.

 

IM-4006: Investment Analysis and Portfolio Management

Pre-requisite: 20 core courses including BBA-3116

This course helps students understand how to manage investment funds to derive maximum benefits. The course starts with discussing basic investment theories, and introduces appraisal of bonds, preferred and common stocks as vehicles of investment. This course also involves the study of alternative investments, the market settings, industry analysis, technical analysis, company analysis and stock selection and security legislation. This course details how to evaluate current investments and future opportunities so that one can construct a portfolio that will satisfy his risk-return objectives.

 

IM-4007: Labor Economics

Pre-requisite: 20 core courses including BBA-2209, MAT-2103

This course provides a theoretical and empirical discussion of labor markets. The labor relations and the dynamics of the labor market are discussed in considerable details. Topics consider will include: Labor supply and the determinants of hours of work, the facts underlying the rising labor participation of women, Migration, Investment in human capital, Labor demand, Wage determination, Relationship of wages to productivity, Inflation, Unemployment in the economy, Discrimination, Internal labor markets, Trade unions, Macroeconomic issues related to wages and employment, Effect of social insurance and welfare programs, Labor unions and collective bargaining. Bangladeshi Labor Code, Female Workers, Brain Drain, Labor Export.

 

IM-4008: Economics and Law

Pre-requisite: 20 core courses including BBA-2209, MAT-2103

This course familiarizes students with the elements of economics most helpful in legal analysis, and explores the basic elements of several substantive areas of law, such as property, torts, contracts, and criminal law from an economic perspective. In addition this course concentrates on the economic analysis of law by asking whether economic reasoning can contribute to a better understanding of the legal system and the integration process. It looks at the efficiency and inefficiency of laws, regulations and court decisions in all legal fields. In this course, special attention is given to accident law, product liability and insurance by asking the question how the law can contribute to reach a minimization of the total sum of accident costs. It also determines the criteria for government regulation, and differences between tort liability and regulation with respect to the example of environmental pollution. Other topics include the economics of contract law, the economics of crime, intellectual property rights and other topics such as the subsidiary principle, insurance markets and competition law.

 

IM-4009: Competition Assessment and Competition Law

Pre-requisite: 20 core courses including BBA-2211

This course is designed to assess the legal and analytical nature of markets. Topics include: Economics and Markets, Competition Policy and Law, theory of Dominance, Horizontal Agreements and Cartels, Vertical Agreements, Mergers and Acquisitions, Competition analysis, Competition Policy and Sector Regulation, Competition Policy and Consumer Protection, Competition Policy and Intellectual Property Rights.

 

IM-4010: Business Risk Management

Pre-requisite: 20 core courses including BBA-3116

This course aims to introduce students to the rationale, principles, process and major tools of risk management. A holistic/integrated view of risk management is adopted throughout the course. Covered topic includes the concept of risk, risk theory, risk measurement, risk measurement, corporate risks and the rationales of corporate risk management, risk management organization and process, and some major tools of risk management. The course content reflects also the latest developments & industry practices in the discipline of risk management. Ethical aspect of risk management is also emphasized.

 

IM-4011: Global Finance

Pre-requisite: 20 core courses including BBA-3116

This course is designed to focus on international and regional financial arrangement and institutions. It starts with the discussion of comparative economic advantage and genesis of international trade, It also covers balance of payments, adjustments and its impact on world trade, role of commercial and central banks in financing international capital flow, financing import and exports, instruments and markets of foreign exchange, and determination of exchange rates.

 

IM-4012: Financial Derivatives

Pre-requisite:IM-4006

This course explores the considerable surge in markets not only for derivatives including futures and options but also for futures contracts on financial assets. These markets are used by individuals and institutions to meet a variety of objectives. With these instruments, firms and portfolio managers can hedge particular kinds of risk or alter the distribution of the returns on their portfolios in certain ways. It also provides students with working knowledge of the tools and analytical conventions used in the practice of financial derivatives. Special emphasis is placed on understanding how risks are hedged using forward, futures, options, and swaps. Also how to price certain derivatives including forward and options is also to be discussed.

 

IM-4013: Taxation

Pre-requisite: 20 core courses including BBA-3116

This course is primarily designed to provide the students with a fundamental understanding of taxation of business entities and individuals prevailing in Bangladesh. After successfully completing this course, students are expected to be able to: i) understand the role of taxation in overall economic development of an economy, ii) understand the place of taxation in overall fiscal policy of a government, iii) understand relevant provisions of the taxation rules in Bangladesh and iv) independently assess the tax liabilities of corporate and personal entities.

 

IM-4014: Development Economics

Pre-requisite: 20 core courses including BBA-2209, MAT-2103

This course offers a brief overview of selected topics in development economics at the introductory level. Following a general introduction to the subject and to the data, the course focuses on long-term processes of productivity growth and structural transformation. This is followed by a critical presentation of the still rapidly growing, literature on cross- country growth comparisons. The course discusses also the issues of economic development of Bangladesh, India and South Asia since their independence from colonial rule in the late 1940s. Particular attention is given to their economic liberalization and systemic reforms since the 1990s and their future economic prospects in the global economy.

 

IM-4015: Agribusiness Management

Pre-requisite: IM 4010

Agribusiness Management provides an introduction to agribusiness management in the free enterprise system with an emphasis on management of production agriculture. It explores management functions and economics of agricultural organizations and operations, including input-output analysis, efficient allocation of resources, enterprise combinations, and budget analysis. Instruction includes a study of basic management concepts, government policy, economic principles, budgeting, accounting, finance, risk management, factors of production, and marketing. A significant portion of the course is devoted to human relationships in management.