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Home » Course Catalogue » MBA Electives » RSM2302H – Security Analysis and Portfolio Management (Fall 2022)

RSM2302H – Security Analysis and Portfolio Management (Fall 2022)

General Information


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Applicable Emphases:
(m) = Main, (s)= Supplemental

  • Finance (m)

Applicable Major(s):
(c) = Core, (r) = Recommended

  • Funds Management (c)
  • Risk Management and Financial Engineering (r)

Instructor Bio

Dana Boyko is Assistant Professor, Teaching Stream in Finance.  Dana joined Rotman with over 25 years’ industry experience, including senior roles at several Canadian financial institutions.  Her career in capital markets and portfolio management included roles as a private client portfolio manager, investment strategist, capital markets economist, and leading a team conducting investment manager research and oversight. She holds both the Chartered Financial Analyst (CFA) and Chartered Alternative Investment Analyst (CAIA) designations.  She has taught CFA exam preparation courses at all three exam levels and is a past Director of the Toronto CFA Society. 

Target Audience

Students who are interested the theoretical framework and real-world practice of portfolio management. This course provides a solid background for those who plan to work in the investment management industry in any capacity, and for others who have a strong interest in investing. RSM 2302 is a core course for the Funds Management major.


12 regular sessions, ending with group presentations.

Course Mission

This course expands on concepts introduced in RSM1231. It focuses on principles and techniques that underlie the construction and management of modern investment portfolios, emphasizing objectives, strategies, and risk-return tradeoffs that are appropriate for different types of investors. It explores key elements of the investment management process, including the development of investment policies, portfolio implementation, performance measurement and manager selection. We also explore the role of factor investing and ESG (Environmental, Social & Governance) considerations in today’s world.

Course Scope

Through a combination of lectures, readings and case discussions, students explore key elements of practical asset allocation, security selection, and style investing. Recent trends in asset management, such as “smart beta” are also covered. Students gain real world market experience by applying their knowledge and judgment by managing a portfolio on the Rotman Portfolio Management System (RPM).

Evaluation and Grade Distribution

ComponentDue DatesWeight
Assignments (2)TBD15%
Class ParticipationOngoing10%
Investment ProjectEnd of Term25%
Final ExamExam Period50%

Required Resources

  • Textbook: Investments by Bodie, Kane, Markus, Switzer, Boyko, Panasian, and Stapleton, McGraw-Hill Ryerson, 10th Canadian Edition 2022.                                          
  • Cases and readings to be downloaded from various sources.

Last Updated: 2022-04-28 @ 5:58 pm