Investments (MSB205)
This is a first course in investments and capital markets. It introduces a number of key building blocks necessary for the analysis and valuation of financial securities, such as portfolio theory,diversification, arbitrage, equilibrium asset pricing models (CAPM), market efficiency, the term structure of interest rates, performance evaluation and analysis of derivative securities (forward and option contracts).
Course description for study year 2024-2025. Please note that changes may occur.
Course code
MSB205
Version
1
Credits (ECTS)
10
Semester tution start
Spring
Number of semesters
1
Exam semester
Spring
Language of instruction
English
Content
Key topics include
Trading, Markets, Asset classes
Risk, return, market efficiency
Asset pricing, CAPM, APT, factor models
Equity pricing / Valuation
Performance evaluation
Portfolio Management (indexing, active strategies)
Currency, International Issues
Alternative asset classes
Learning outcome
Knowledge
Upon completion of the course students will gain knowledge of:
- Asset Markets, their instruments and how they are traded.
- Portfolio theory.
- Asset Allocation.
- How ESG considerations affect investment decisions.
- The international nature of financial investments.
Skills
Upon completion of the course, students will be able to
- Evaluate portfolio expected return and risk, using models such as the CAPM.
- Perform portfolio evaluations and evaluate performance of funds.
- Use various methods to price financial assets, such as stocks and bonds.
- Use software tools like R and Excel in investment settings.
- Build portfolios (asset allocation) to match the desired goal of an investor.
Required prerequisite knowledge
Exam
Form of assessment | Weight | Duration | Marks | Aid |
---|---|---|---|---|
Written exam | 1/1 | 4 Hours | Letter grades | Valid calculator |
Further details about course requirements are given in the syllabus available at the beginning ofthe teaching semester.
Coursework requirements
Course teacher(s)
Course coordinator:
Olga Aleksandrovna RabanalCourse teacher:
Olga Aleksandrovna RabanalCourse teacher:
Jean Paul Rabanal SobrinoStudy Program Director:
Yuko OnozakaOverlapping courses
Course | Reduction (SP) |
---|---|
Investments (MØA205_1) | 10 |