Intoduction to Course:

This course focuses on the application of investment techniques to operating and investing decisions. The purpose of investment and project appraisal is to assess the viability of project, programme or portfolio decisions and the value they generate. In the context of a business case, the primary objective of investment appraisal is to place a value on benefits so that the costs are justified. The course is designed to ex-ante examination of a proposal project to determine whether the same should be implemented or not whereas project evaluation is an ex-post assessment of the impact of accomplished project and it ensures students reach a proficient level of professional applicability.

Course pre requisites (if any):

No

Learning Outcomes

After completing this course student will be able to

• Understand the concepts which underlie the appraisal of investment projects and the advantages and drawbacks of each of the main approaches used (namely cost benefit analysis, multi criteria analysis and other important concepts.
• Understand the ultimate outcome of a public or a private investment that closely links the financial and economic analysis, and in turn identifies the distribution of benefits and costs over the various interest groups.

Textbooks:

1. Hussain, Ch.M: “Project Appraisal, Monitoring and Evaluation Process with Special Reference to Pakistan “Royal Book Co. Karachi, (1985)
2. Adwin.J, Elton and Martin J Goober, Modern Portfolio Theory and Investment Analysis, John Wiley and Sons(1997).
3. Donald, E., Fischer, J., Security Analysis and portfolio Management, Prentice Hall Delhi, ( Latest)

Description of system of Evaluation (Exam, assignments etc.):

Mid Term Exam: 30%

Final Term Exam: 50%

Sessional Marks: 20% (Presentations/Participation, Assignments)

Date and Time of Class Meetings: 

Monday

Regular: 10:00am to 11:00am;       Self Support: 4:00pm-5:00pm

Tuesday

Regular: 10:00am to 11:00am;       Self Support: 4:00pm-5:00pm

Wednesday

Regular: 10:00am to 11:00am;       Self Support: 4:00pm-5:00pm