The Asset Management pathway is an interdisciplinary program designed to prepare students for careers in asset management. The pathway’s emphasis is on investing in publicly traded assets. Investments in private markets and real estate are the focus of the Venture Capital and Private Equity pathway and the Real Estate pathway. All three pathways emphasize a core set of valuation skills, and students with an interest in asset management are encouraged to explore courses in these other pathways.

A fundamental tenant of the Asset Management pathway is that good investors need to have a fundamental understanding of businesses and the markets and industries in which those businesses operate. Thus, successful investors need to know all aspects of the businesses and markets in which they invest.

A critical component of the pathway is its experiential learning course offerings, the Asset Management Practicum and the Asset Management Lab.

The Asset Management Practicum is a sequence of courses in which the students manage long/short equity portfolios with total assets under management of $10 million. The students chose stocks to analyze and are responsible for trading, asset allocation, risk management and performance attribution.

The Asset Management Lab is a course in which students are placed in asset management firms to work on a project selected by the firm. Students spend one to two days per week at the firm during the quarter.

Faculty sponsor: Robert Korajczyk (Finance)

Asset Management
Pathway

1 | Foundational

Finance I
FINC 430
Finance II
FINC 431
Accelerated Corporate Finance
FINC 440 (substitute for 430 and 431)
Capital Markets
FINC 950

2 | Competitive Advantage

Equities
Financial Decisions
FINC 442

Value Investing
FINC 444

Financial Reporting and Analysis
ACCT 451

Competitive Strategy and Industrial Structure
MECN 441

Financial Modeling for Leveraged Buyout Transactions
FINC 940-5
Fixed Income
Money Markets and the Fed
FINC 451

Financial Decisions
FINC 442

Derivatives Markets
FINC 465

International Finance
FINC 470

Mergers and Acquisitions, LBOs and Corporate Restructuring
FINC 448

Financial Modeling for Leveraged Buyout Transactions
FINC 940-5
Wealth Management
Financial Strategy and Tax Planning
FINC 447

Macroeconomic Policy and Global Capital Markets
FINC 473

Early Stage Impact Investing
KPPI 940

Global Entrepreneurial Finance
FINC 477

3 | Experiential Learning

Equities
Asset Management Practicum I-IV
FINC 456

FINC 457

FINC 458

FINC 459

Asset Management Lab
FINC 910
Fixed Income
Asset Management Practicum I-IV
FINC 456

FINC 457

FINC 458

FINC 459

Asset Management Lab
FINC 910
Wealth Management
Asset Management Practicum I-IV
FINC 456

FINC 457

FINC 458

FINC 459

Asset Management Lab
FINC 910



The Asset Management Practicum
A sequence of courses in which the students manage long/short equity portfolios with total assets under management of $10 million. Learn more about the Asset Management Practicum

Last edited December 12, 2018. For any questions regarding this page, please email kellogg-registrar@kellogg.northwestern.edu