Katz Investments and Trading Certificate

Mervis Hall lab

Investment management professionals use sophisticated tools and rigorous financial analysis to trade, design, manage, and market financial products. The Katz Investments and Trading Certificate gives you a practical understanding of finance theory so that you can use it to solve problems in global financial management. The training provides skills that are essential to future portfolio managers, traders, or researchers, as well as those working in private wealth management.


The Katz Investments and Trading Certificate builds your background in investments and capital markets, trading, fixed income, and forecasting. Major topics include discounted cash flow valuation, risk-return tradeoffs, international diversification, asset return calculations, portfolio theory, index models, and investment performance analysis. Students spend significant time in our Financial Analysis Laboratory, a 3,000-square-foot facility equipped with Bloomberg terminals and tracking and simulation software. Furthermore, students have the option of taking the Portfolio Practicum, an elective in which they serve on a portfolio management team and engage in trading activities.

Any Katz MBA student is eligible for the Katz Investments and Trading Certificate. Katz students who pursue the certificate enhance their preparation for the CFA® exams. Katz is a CFA Program Partner, a designation meaning that our finance curriculum covers at least 70 percent of the CFA® program.

Required Courses and Electives

Total Credits: 10.5 credits

Required Courses (7.5 credits):

Course Credits
BFIN 2039: Investments and Capital Markets 3
BFIN 2068: Markets and Trading 1.5
BFIN 2069: Fixed Income Securities 1.5
BQOM 2537: Forecasting 1.5

Electives (3 credits):

Course Credits
BFIN 2555: Portfolio Practicum* 3
BFIN 2043: International Financial Management 3
BFIN 2145: Financial Modeling 3
BFIN 2051: Introduction to Derivatives 1.5

*Portfolio Practicum has to be taken during 2 consecutive semesters for a total of 3 credits.

Full-time and part-time students are eligible to receive an Investments and Trading Certificate when all of the following criteria are satisfied:

Completion of both Financial Management 1 (1.5 credits) and Financial Management 2 (1.5 credits), as they serve as prerequisites for subsequent electives.
Completion of a combination of 7.5 required credits and 3 elective credits from the approved course list.
Grades of B or better for each course, required and elective.
A minimum B+ average (3.25 QPA) across all certificate-related courses and credits.

Career opportunities across functional areas

Corporate Finance

Treasury: Manages capital, long-and short-term funding, credit facilities, liquidity, and the cash and investment portfolio of a company. Also manages foreign currency exchange exposure for financing transactions as well as investments. Manages relationships with credit rating agencies, commercial banks, broker dealers, and all credit providers and counterparties.

Investor Relations: Manages relationships with sell-side analysts, buy-side analysts, and large institutional investors. Clearly articulates company strategy to enhance shareholder value/share price. Formally reviews quarterly performance with these constituencies.

Investment Management
Portfolio Manager: Manages equity or fixed income securities for institutions and individuals. CFA designation is typically preferred.

Portfolio Trader: Trade equity and fixed income securities in support of portfolio manager. CFA designation is typically preferred.

Portfolio Research: Investment research of equity and fixed income securities in support of portfolio manager. CFA designation is typically preferred.
Investment Sales and Marketing: Drives efforts for investment management firms to attract new investors and increase revenues and assets under management. Accomplishes this by highlighting investment track records in various asset classes and by promoting new funds.

Private Wealth Management: Assists high net worth individuals with meeting their individual and estate planning objectives. Private wealth management associates build a book of clients and serve as the primary point of contact with clients, pulling on the resources of the entire bank. May provide some asset allocation and investment management advice.

Independent Investment Research: Analyzes company and industry fundamentals, predicts earnings and cash flows, determines valuations, and recommends investments to buy-side clients. Research professionals can work on the sell side (Morningstar, etc).

Private Equity/Venture Capital: Private equity is a type of alternative investment that involves investing in privately held companies or buying a public company and transferring it to private ownership. Investments in private equity often involve either an investment of capital into an operating company or the acquisition of an operating company, with the objective of selling the company at a significantly higher price in the future. Venture capital investments are typically early-stage startups.

Risk: Includes the identification, assessment, and prioritization of risks, and the impact-mitigation of events that have the potential to adversely impact a company's capital and/or reputation. This area allows for improved risk intelligence and strengthened decision making and business strategy, thus driving corporate governance and business performance, and increasing value through changing the business model to mitigate client's risk.

Faculty Contact

Akin Sayrak
Visiting Assistant Professor of Business Administration - Finance
Phone: 412-648-1571