Course 2007-2008 a.y.
8219 - PRINCIPLES OF FINANCE
MM-LS - OSI-LS - AFC-LS - CLAPI-LS - CLELI-LS - CLEACC-LS - DES-LS - CLEMIT-LS - CLG-LS - M-LS
Department of Finance
Course taught in English
Go to class group/s: 31
MM-LS (6 credits - II sem. - AI) - OSI-LS (6 credits - II sem. - AI) - AFC-LS (6 credits - II sem. - AI) - CLAPI-LS (6 credits - II sem. - AI) - CLELI-LS (6 credits - II sem. - AI) - CLEACC-LS (6 credits - II sem. - AI) - DES-LS (6 credits - II sem. - AI) - CLEMIT-LS (6 credits - II sem. - AI) - CLG-LS (6 credits - II sem. - AI) - M-LS (6 credits - II sem. - AI)
Course Objectives
The course presents a general introduction to the theory of finance. It is directed to students with a strong background in quantitative methods, and assumes knowledge of mathematics and statistics at the level of knowledge of random variables, mean, variance and higher moments, quadratic optimization and some basic knowledge of stochastic processes. The course considers application to portfolio optimization, investment valuation and derivative securities. It also considers both the stock and bond markets.
Course Content Summary
- Fixed income securities
- The term structure of interest rates
- Mean-variance portfolio theory
- The capital asset pricing model
- Expected utility
- Forward, futures and swaps
- Basic options theory
Detailed Description of Assessment Methods
Written exam.
Textbooks
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D.G. LUENBERGER, Investment science, Oxford University Press, 1998.
For further and continuously updated information consult the IEP web site or contact S.I.D. - Servizio Informazioni Didattica - Institute of Economics - via Gobbi, 5 - Room 313.
Last change 15/03/2007 20:51