SATUAN ACARA PERKULIAHAN (SAP) Kelas : PAGI/XL SEMESTER PERIODE : II.I

Kode mata kuliah Nama mata kuliah Penanggung jawab Kompetensi umum

: : : :

JUNI

SEPTEMBER 2011

SAPS/2 SKC Security Analysis & Portfolio Selection Sulaeman Rahman, SE, MBA Concerned with the characteristics and analysis of individual securities, as well as With the theory and practice of optimally combining securities into portfolio.

Sessi

1.

2.

3.

Hari tgl Jam Senin, 06 Juni ‘11 10.45-12.25

Rabu, 08 Juni ‘11 10.45-12.25

Senin, 13 Juni ‘11 10.45-12.25

Kode Dosen

Pokok bahasan / Sub Pokok Bahasan

Sumber Acuan

PORTFOLIO ANALYSIS o

SR

o o o

Mean variance portfolio theory The characteristic of the opportunity set under risk

Delineating efficient portfolio Techniques for calculating the efficient frontier

Chapter : 4, 5 and 6

SIMPLIFYING THE PORTFOLIO SELECTION PROCESS

SR

o

o

The Single Index-model Multi-index model

Chapter : 7 and 8

SELECTING THE OPTIMUM PORTFOLIO

SR

o o

Simple techniques for determining the efficient frontier Maximizing the geometric mean return

o o

Safety first

Chapter : 9 and 11

Stochastic dominance

COMPUTER at Indonesia Stock Exchange (ISX)

4.

Rabu, 15 Juni ‘11 10.45-12.25

o

SR

o o o o

Data input Mean returns Standard deviation

ISX

Mean return and standard deviation portfolio Alpha and beta

INTERNATIONAL DIVERSIFICATION

05.

Senin, 20 Juni ‘11 10.45-12.25

SZ

o

The world portfolio

o o o o o

Calculating the return on foreign investment The risk of foreign securities Return from international diversification The effect of exchange risk Return expectations and portfolio performance

Chapter : 12

THE STANDARD CAPITAL ASSET PRICING MODEL

6.

7.

8.

Rabu, 22 Juni ‘11 10.45-12.25

Senin, 27 Juni ‘11 10.45-12.25

13 Juli ‘11

o

SZ

o o o o

The assumption underlying the CAPM Prices and the CAPM

Non standard forms of CAPM Empirical tests of equilibrium models The Arbitrage Pricing Model APT

Chapter : 13, 14, 15 and 16

Efficient Market o

SZ

TIM

o o o

Tests of return predictability Announcement and price return

Methodology of event study Strong form efficiency UJIAN SISIPAN

Chapter : 17

Sessi

Hari tgl Jam

9.

Senin, 01 Agust ‘11 10.45-12.25

10.

Rabu, 03 Agust ‘11 10.45-12.25

11.

Senin, 08 Agust ‘11 10.45-12.25

12.

Rabu, 10 Agust ‘10 10.45-12.25

13.

Senin, 15 Agust ‘11 10.45-12.25

Kode Dosen

Pokok bahasan / Sub Pokok Bahasan

Sumber Acuan

SECURITY ANALYSIS AND PORTFOLIO THEORY o

SZ

o o o

Introduction of capital market Function of the Capital Market Primary market and Secondary market

Bapepam and ISX

The role of the Bourse

SECURITY ANALYSIS AND PORTFOLIO THEORY

SZ

o

The Jakarta Stock Exchange Trading System

Bapepam and ISX

THE VALUATION PROCESS o

SZ

o o

Discounted cash flows model Cross-sectional regression analysis An ongoing system

Chapter : 18

EARNING ESTIMATION o

SZ

The elusive number called earnings

o The important of earnings o Characteristics of earnings Earnings forecast

Chapter : 19

COMPUTER at ISX o

SR

o o o

Market index-model application: Mean returns Standard deviation

ISX

Mean return and standard deviation portfolio

EVALUATION OF PORTFOLIO PEFORMANCE

14.

Senin, 22 Agust ‘11 10.45-12.25

15.

Rabu, 24 Agust ‘11 10.45-12.25

16.

24 Des’ 09

SR

o

Evaluation techniques

o o o

Decomposition of overall evaluation Multi-index, APT,and performance evaluation Mutual fund performance

Chapter : 24

COMPUTER at ISX or Guest Lecturer

SR/DT

o

Evaluation of portfolio performance ISX

TIM

ISX

UJIAN AKHIR

Tim Dosen: 1. Dr. Sulaeman Rahman, SE.,MBA (SR). 2. Dr. Sumarno Zain, SE.,MBA.Ak. (SZ) 3. Dosen Tamu (DT) Daftar Pustaka: Elton. J. Edwin and Gruber. J. Martin, Modern Portfolio Theory and Investment Analysis, John Wiley & Sons, Inc. New York, Fifth Edition, 1995. Juni 2011 Penanggung Jawab

Dr.Sulaeman Rahman, SE, MBA

SATUAN ACARA PERKULIAHAN (SAP) Kelas : SORE/XXXVIII SEMESTER PERIODE : II.I

Kode mata kuliah Nama mata kuliah Penanggung jawab Kompetensi umum

: : : :

DESEMBER 2010

MARET 2011

SAPS/2 SKC Security Analysis & Portfolio Selection Sulaeman Rahman, SE, MBA Concerned with the characteristics and analysis of individual securities, as well as With the theory and practice of optimally combining securities into portfolio.

Sessi

Hari tgl Jam

1.

Rabu, 08 Des ‘10 18.30-20.10

2.

3.

Rabu, 15 Des ‘10 18.30-20.10

Rabu, 22 Des ‘10 18.30-20.10

Kode Dosen

Pokok bahasan / Sub Pokok Bahasan

Sumber Acuan

PORTFOLIO ANALYSIS o

SR

o o o

Mean variance portfolio theory The characteristic of the opportunity set under risk

Delineating efficient portfolio Techniques for calculating the efficient frontier

Chapter : 4, 5 and 6

SIMPLIFYING THE PORTFOLIO SELECTION PROCESS

SR

o

o

The Single Index-model Multi-index model

Chapter : 7 and 8

SELECTING THE OPTIMUM PORTFOLIO

SR

o o

Simple techniques for determining the efficient frontier Maximizing the geometric mean return

o o

Safety first

Chapter : 9 and 11

Stochastic dominance

INTERNATIONAL DIVERSIFICATION

4.

Rabu, 29 Des ‘10 18.30-20.10

SZ

o

The world portfolio

o o o o o

Calculating the return on foreign investment The risk of foreign securities Return from international diversification The effect of exchange risk Return expectations and portfolio performance

Chapter : 12

COMPUTER at Indonesia Stock Exchange (ISX)

5.

Rabu, 05 Jan ‘11 18.30-20.10

o

SR

o o o o

Data input Mean returns Standard deviation

ISX

Mean return and standard deviation portfolio Alpha and beta

THE STANDARD CAPITAL ASSET PRICING MODEL

6.

7.

8.

Rabu, 12 Jan ‘11 18.30-20.10

Rabu, 19 Jan ‘11 18.30-20.10 18.30-20.30

o

SZ

o o o o

The assumption underlying the CAPM Prices and the CAPM

Non standard forms of CAPM Empirical tests of equilibrium models The Arbitrage Pricing Model APT

Chapter : 13, 14, 15 and 16

Efficient Market o

SZ

TIM

o o o

Tests of return predictability Announcement and price return

Methodology of event study Strong form efficiency UJIAN SISIPAN

Chapter : 17

Sessi

Hari tgl Jam

9.

Rabu, 02 Feb ‘11 18.30-20.10

10.

Rabu, 09 Feb ‘11 18.30-20.10

11.

Rabu, 16 Feb ‘11 18.30-20.10

12.

Rabu, 23 Feb ‘11 18.30-20.10

13.

Rabu, 02 Mar ‘11 18.30-20.10

Kode Dosen

Pokok bahasan / Sub Pokok Bahasan

Sumber Acuan

SECURITY ANALYSIS AND PORTFOLIO THEORY o

SZ

o o o

Introduction of capital market Function of the Capital Market Primary market and Secondary market

Bapepam and ISX

The role of the Bourse

SECURITY ANALYSIS AND PORTFOLIO THEORY

SZ

o

The Jakarta Stock Exchange Trading System

Bapepam and ISX

THE VALUATION PROCESS o

SZ

o o

Discounted cash flows model Cross-sectional regression analysis An ongoing system

Chapter : 18

EARNING ESTIMATION o

SZ

The elusive number called earnings

o The important of earnings o Characteristics of earnings Earnings forecast

Chapter : 19

COMPUTER at ISX o

SR

o o o

Market index-model application: Mean returns Standard deviation

ISX

Mean return and standard deviation portfolio

EVALUATION OF PORTFOLIO PEFORMANCE

14.

Rabu, 09 Mar ‘11 18.30-20.10

15.

Rabu, 16 Mar ‘11 18.30-20.10

16.

18.30-20.30

SR

o

Evaluation techniques

o o o

Decomposition of overall evaluation Multi-index, APT,and performance evaluation Mutual fund performance

Chapter : 24

COMPUTER at ISX or Guest Lecturer

SR/DT

o

Evaluation of portfolio performance ISX

TIM

ISX

UJIAN AKHIR

Tim Dosen: 1. Dr. Sumarno Zain, SE,MBA,Ak (SZ). 2. Dr.Sulaeman Rahman,SE,MBA. (SR) 3. Dosen Tamu (DT) Daftar Pustaka: Elton. J. Edwin and Gruber. J. Martin, Modern Portfolio Theory and Investment Analysis, John Wiley & Sons, Inc. New York, Fifth Edition, 1995. Desember 2010 Penanggung Jawab

Dr.Sulaeman Rahman, SE, MBA

SATUAN ACARA PERKULIAHAN (SAP) Kelas : EKSEKUTIF/XXXIV SEMESTER PERIODE : II.I

Kode mata kuliah Nama mata kuliah Penanggung jawab Kompetensi umum

: : : :

DESEMBER 2010

MARET 2011

SAPS/2 SKC Security Analysis & Portfolio Selection Sulaeman Rahman, SE, MBA Concerned with the characteristics and analysis of individual securities, as well as With the theory and practice of optimally combining securities into portfolio.

Sessi

Hari tgl Jam

1.

Sabtu, 04 Des ‘10 13.45-15.25

2.

3.

Minggu, 05 Des ‘10 13.45-15.25

Sabtu, 11 Des ‘10 13.45-15.25

Kode Dosen

Pokok bahasan / Sub Pokok Bahasan

Sumber Acuan

PORTFOLIO ANALYSIS o

SR

o o o

Mean variance portfolio theory The characteristic of the opportunity set under risk

Delineating efficient portfolio Techniques for calculating the efficient frontier

Chapter : 4, 5 and 6

SIMPLIFYING THE PORTFOLIO SELECTION PROCESS

SR

o

o

The Single Index-model Multi-index model

Chapter : 7 and 8

SELECTING THE OPTIMUM PORTFOLIO

SR

o o

Simple techniques for determining the efficient frontier Maximizing the geometric mean return

o o

Safety first

Chapter : 9 and 11

Stochastic dominance

INTERNATIONAL DIVERSIFICATION

4.

Minggu, 12 Des ‘10 13.45-15.25

5.

Sabtu, 18 Des ‘10 13.45-15.25

SZ

o

The world portfolio

o o o o o

Calculating the return on foreign investment The risk of foreign securities Return from international diversification The effect of exchange risk Return expectations and portfolio performance

Chapter : 12

COMPUTER at Indonesia Stock Exchange (ISX) o

SR

o o o o

Data input Mean returns Standard deviation

ISX

Mean return and standard deviation portfolio Alpha and beta

THE STANDARD CAPITAL ASSET PRICING MODEL

6.

7.

8.

Minggu, 19 Des ‘10 13.45-15.25

Sabtu, 08 Jan ‘11 13.45-15.25 29 Jan ‘11

o

SZ

o o o o

The assumption underlying the CAPM Prices and the CAPM

Non standard forms of CAPM Empirical tests of equilibrium models The Arbitrage Pricing Model APT

Chapter : 13, 14, 15 and 16

Efficient Market o

SZ

TIM

o o o

Tests of return predictability Announcement and price return

Methodology of event study Strong form efficiency UJIAN SISIPAN

Chapter : 17

Sessi

Hari tgl Jam

9.

Sabtu, 05 Feb ‘11 13.45-15.25

10.

Minggu, 06 Feb 11 13.45-15.25

11.

Sabtu, 12 Feb ‘11 13.45-15.25

12.

Minggu, 13 Feb 11 13.45-15.25

13.

Sabtu, 19 Feb ‘11 13.45-15.25

Kode Dosen

Pokok bahasan / Sub Pokok Bahasan

Sumber Acuan

SECURITY ANALYSIS AND PORTFOLIO THEORY o

SZ

o o o

Introduction of capital market Function of the Capital Market Primary market and Secondary market

Bapepam and ISX

The role of the Bourse

SECURITY ANALYSIS AND PORTFOLIO THEORY

SZ

o

The Jakarta Stock Exchange Trading System

Bapepam and ISX

THE VALUATION PROCESS o

SZ

o o

Discounted cash flows model Cross-sectional regression analysis An ongoing system

Chapter : 18

EARNING ESTIMATION o

SZ

The elusive number called earnings

o The important of earnings o Characteristics of earnings Earnings forecast

Chapter : 19

COMPUTER at ISX o

SR

o o o

Market index-model application: Mean returns Standard deviation

ISX

Mean return and standard deviation portfolio

EVALUATION OF PORTFOLIO PEFORMANCE

14.

Minggu, 20 Feb 11 13.45-15.25

15.

Sabtu, 26 Feb ‘11 13.45-15.25

16.

19 Mar ‘11

SR

o

Evaluation techniques

o o o

Decomposition of overall evaluation Multi-index, APT,and performance evaluation Mutual fund performance

Chapter : 24

COMPUTER at ISX or Guest Lecturer

SR/DT

o

Evaluation of portfolio performance ISX

TIM

ISX

UJIAN AKHIR

Tim Dosen: 1. Dr. Sumarno Zain, SE,MBA,Ak (SZ). 2. Dr.Sulaeman Rahman,SE,MBA. (SR) 3. Dosen Tamu (DT) Daftar Pustaka: Elton. J. Edwin and Gruber. J. Martin, Modern Portfolio Theory and Investment Analysis, John Wiley & Sons, Inc. New York, Fifth Edition, 1995. Desember 2010 Penanggung Jawab

Dr.Sulaeman Rahman, SE, MBA