Requirements and Grading

Prerequisites for 684 are 614 and a keen interest in applying mathematical and statistical concept to the valuation of financial assets. The course consists of a combination of lectures, case presentations and discussions, and projects with a particular emphasis on case studies. Case presentations and discussion are student responsibility. The grade is comprised of a midterm and final (60%); Bloomberg's Fixed-Income Essentials (10%); case write-ups and presentations (20%); and a final group project (10%). Case write-ups are due at the beginning of the class for which discussion is scheduled.

At the beginning of term, you sign up for the two cases you wish to present on a first come, first served basis. In addition, you select two other cases for formal case write-ups (up to two pages of analysis and 6 pages of appendices) for which you do not need to sign up. Presenting groups only have to turn in copies of their presentation material (e.g., hand-outs, copies of slides, analytic material) but are expected to lead the subsequent class discussion. Case write-ups or presentation material are due at the beginning of the class for which discussion is scheduled. Cases should be solved in groups (max 3 to 5 students depending on class size). You may find it advantageous to form stable groups early on, especially in view of the final group project. Students' full participation in the group work (case preparation, final project) will be assessed through peer evaluations that directly affect your individual case and project grades. Homework assignments are simply for practice and should be completed individually although you are obviously free to discuss the problems with your classmates.

Bloomberg's Fixed-Income Essentials 10%
1 case presentation, 1 case write-up 20%
Midterm exam 30%
Final exam 30%
Analyst Report10%

In accordance with departmental practice, the expected letter grade distribution will approximately be (remaining 10% attributed as warranted):

A+, A, A- B+, B, B- C D, F
35% 45% as warranted as warranted

Enrollment in Fin 684 means that you accept the conditions of the American University Honor Code. The University's Academic Integrity Code is designed to ensure that the principles of academic honesty and integrity are upheld. All students are expected to adhere to this Code. The Kogod School of Business does not tolerate academic dishonesty. All acts of academic dishonesty will be dealt with in accordance with the provisions of this code. Please visit the following website for more information on the University's policy in this regard as specified in the Academic Integrity Code.