FIN 377: Investments

Larry Schrenk, Instructor


Textbook:                   Zvi Bodie, Alex Kane, and Alan J. Marcus.  Investments. McGraw-Hill: You may use either the new 10th edition or the previous 9th edition. (Publisher Website)


                                 Note that this is the Investments text, not the Essentials of Investments text, and that you will save a considerable amount of money by purchasing the earlier edition...used copies of the 9th edition are about $20 on


Three Recommended, but Optional, Books :     

                                         Peter L. Bernstein. Against the Gods: The Remarkable Story of Risk. Wiley, 2008. (An enjoyable discussion of risk–financial and otherwise) Kindle

                                         Peter L. Bernstein. Capital Ideas: The Improbable Origins of Modern Wall Street. Wiley, 2009. (A serious chronological account of recent investment theory) Kindle 

                                         Peter L. Bernstein. Capital Ideas Evolving. Wiley, 2009. (A continuation of Capital Ideas) Kindle


Calculator:               You will need a calculator with financial functions for this class. If you already have a TI-83 or 84 Plus graphing calculator, you do not need to buy anything else. If not, you will need to get a financial calculator. (Unfortunately, basic scientific calculators normally do not have financial functions. If in doubt, contact me.) Do not spend a lot of money on a fancy model. A basic financial calculator should cost $30-$40 at many department stores (maybe cheaper if you get it online). The most common models are the HP 10bII, HP 10bII+ and TI BAII Plus. A financial calculator has many financial functions (so you won't need to memorize a lot of formulae for the exams), and we will go over the use of a financial calculator in the course. You can download a Financial Calculator Guide for the course. Either of the following are good choices: