The applied portfolio management course will look at topics in portfolio management that go beyond the null of efficient markets. Topics covered will vary but may include alternatives to mean variance optimization such as the growth optimal portfolio, the role of active versus passive management and the relevance of recent anomalies that go under the rubric of inefficient markets or behavioural finance. Assignments will be done in groups back testing various investment strategies. The emphasis is on the interface between current investment research and real world investment strategies.