[Sessional Lecturer] Portfolio management praxis under real market constraints - APS1051

Date Posted: 03/26/2024
Req ID: 36675
Faculty/Division: Faculty of Applied Science & Engineering
Department: APSC: Ofc of the Dean - Faculty General
Campus: St. George (Downtown Toronto)

Description:

Position: Sessional Lecturer I (2 position available)

Course title and code: Portfolio management praxis under real market constraints - APS1051

Course description: After an introductory review of the techniques most commonly used to evaluate investment portfolios and investment managers, this course will proceed, through a combination of lectures, readings, short case studies and, most of all, practical exercises (“paper trading”) on a functional trading platform under the supervision of experienced practitioners willing to share their own trading methodologies with the participants, to enable them: to understand the trading techniques of some of the most important portfolio managers of our time; to test, when applicable, simplified versions of these techniques by managing basic portfolios under real market constraints; to manage basic portfolios of Stocks & ETFs as well as basic derivatives portfolios of Credit & Debit Spreads under real market conditions using the value, momentum and covered options algorithms that the course instructors use in their own private practice; to manage the risk of an investment portfolio using the market breadth-based algorithms used by the instructors on their own portfolios; to learn how to apply the main techniques used to evaluate the historical performance of trading systems, and finally, how to create a general portfolio management strategy adapted to the risk and return requirements of the user incorporating the principles learned in the course, and how to back-test such protocol against historical data to objectively evaluate its performance.

This course intends:

•              To review and to hone through practice the student’s ability to apply the techniques most commonly used to evaluate investment portfolios and their managers (Sharpe, Treynor, “The Alphas”, performance attribution analysis, etc…).

•              To expose students to the quantitative trading and investing philosophy and techniques of some of the most relevant portfolio managers of our time (including the LTCM hedge fund!); to make students understand the quantitative bases of these management techniques through the guided analysis of selected literature, and to enable them to implement and apply working versions of these techniques to the management of simple portfolios subject to real market constraints.

Estimated Enrolment: Approximately 50-80 students

Estimated TA support: TBA

Class schedule: One 3-hour lecture per week.

Sessional date of appointment: Summer May - August 2024

: Minimum level of pay is $4,728.94 each (50% of Sessional Lecturer I as co-instructor), which includes vacation pay, and may increase depending on applicant’s level of experience and suitability for the position.

Qualifications: Applicants must have extensive experience in innovation, entrepreneurship, product marketing, and sales. The applicant must have strong skills in product pitching and negotiating in a professional environment, as well as the ability to effectively communicate and explain concepts clearly to decision-makers. In addition, the applicant must have experience working with teams, including senior executives, using effective management and organizational tools to bring a product or service idea from concept to market. Further, the applicant must be experienced in the area of domestic and international marketing, sales, and have knowledge of the various issues and concerns when dealing with product implementation.  Applicants should have a strong record of presenting lectures. The applicant must be able to lecture in a clear voice, and explain concepts clearly.

Please note: Undergraduate or graduate students and postdoctoral fellows of the University of Toronto are covered by the CUPE 3902 Unit 1 collective agreement rather than the Unit 3 collective agreement, and should not apply for positions posted under the Unit 3 collective agreement.

Brief description of duties: Duties include: preparation of lectures and course materials; delivery of lectures; possible supervision of Teaching Assistants; setting and marking of projects, tests and exams; evaluation of final grades; contact with students.

To indicate interest in this position, please complete the CUPE UNIT 3 application form, downloaded from:

https://gradstudies.engineering.utoronto.ca/files/2022/08/UNIT-3-Application-Form.pdf and submit to  [email protected]

Office of the Vice Dean Graduate Studies, Faculty of Applied Science and Engineering, University of Toronto

44 St. George Street, Toronto, Ontario M5S 2E4, Email: [email protected]

Closing Date: 04/07/2024, 11:59PM EDT
**

This job is posted in accordance with the CUPE 3902 Unit 3 Collective Agreement. 

 It is understood that some announcements of vacancies are tentative, pending final course determinations and enrolment. Should rates stipulated in the collective agreement vary from rates stated in this posting, the rates stated in the collective agreement shall prevail.  

Preference in hiring is given to qualified individuals advanced to the rank of Sessional Lecturer II or Sessional Lecturer III in accordance with Article 14:12 of the CUPE 3902 Unit 3 collective agreement.

Please note: Undergraduate or graduate students and postdoctoral fellows of the University of Toronto are covered by the CUPE 3902 Unit 1 collective agreement rather than the Unit 3 collective agreement, and should not apply for positions posted under the Unit 3 collective agreement.