3803718: Asset pricing and asset management

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Semester:WS 14/15
Type:Lecture
Language:English
Scheduled in semester:1
Semester Hours per Week / Contact Hours:32.0 L / 24.0 h
Self-directed study time:66.0 h

Module coordination/Lecturers

Curricula

Master's degree programme in Banking and Financial Management (01.10.2008)

Description

  • Financial Decision Theory
  • Risk and Risk Aversion
  • Portfolio Theory and Optimal Risk Portfolio
  • Capital Market Models and Evaluation on Complete Markets
  • Portfolio Management (with Bond Portfolio Management, Style Investing, Strategic and Tactical Asset Allocation, Active Portfolio Management, Use of Derivatives)

Learning Outcomes

  • Explaining the financial decision theory fundamentals
  • Evaluating theoretical portfolio considerations in order to achieve optimal risk
  • Applying various capital market models in the case of equilibrium
  • Systematically solving various problems within the framework of stock and bond portfolio management

Qualifications

Lectures Method

Interactive lecture with exercises

Literature

Required reading:

  • Elton, E. /Gruber, M. /Brown, St.T., Goetzmann, W. (2007). Modern Portfolio Theory and Investment Analysis, (7th ed.). New York: John Wiley.

Recommended reading:
  • Copeland, T. /Weston, J.F. /Shastri, K.. (2005). Financial Theory and Corporate Policy (Fourth Edition). Pearson.
  • Bodie, Z. /Kane, A. /Marcus, A.J. (2008): Investments (Seventh Edition). Boston: Mc Graw-Hill.
  • Fama, E. (1970). Efficient Capital Markets: A Review of Theory and Empirical Work. In: Journal of Finance, May, pp. 383-417.

Materials

Lecture slides, exercises, sample questions will be available on Moodle

Exam Modalities

  • Written examination with 120 minutes editing time (90 minutes dedicated to knowledge acquired during this lecture)

Dates

DatumZeitRaum
17.10.201409:00 - 16:30abgesagt/cancelled
31.10.201413:15 - 16:30H4
07.11.201413:15 - 16:30H4
08.11.201409:00 - 16:30H4
21.11.201413:15 - 16:30H4
22.11.201409:00 - 12:15H5 (Fabrikweg)
25.11.201409:00 - 16:30H4