KTTA4130 Asset Pricing and Investments (5 cr)

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Study level:

Intermediate studies

Grading scale:

0-5

Language:

English, Finnish

Responsible organisation:

Jyväskylä University School of Business and Economics

Curriculum periods:

2017-2018, 2018-2019, 2019-2020

Description

Content

The lecture course deepens students’ understanding of theories of asset pricing, investments and risk. The key points of the lecture course are the price of risk, the Capital Asset Pricing Model (CAPM), factor models, term structure of interest rates, portfolio diversification and optimization, predictability of markets, behavioral finance and risk adjusted measures of investment performance.

Completion methods

Book exam: academic year

Assessment details

Accepted completion of the designated assignments. The assessment criteria of the course is specified in the study program annually.

Learning outcomes

At the end of the course student is expected to be able to:
recognize, define, and report the key theories explaining asset pricing and functioning of financial markets (CAPM, factor models)
analyze the possibilities offered by different types of assets and investment strategies, to make investment propositions, and to make investment decisions
evaluate the investment performance of asset management services and investment managers
plan and construct basic investment solutions

Description of prerequisites

KTTP4110 Introduction to Finance

Literature

Bodie Z., Kane A., & Marcus A.J. 2014. Investments. 10th Global Edition. McGraw-Hill Education.; ISBN: 139780077161149

Completion methods

Method 1

Select all marked parts

Method 2

Select all marked parts

Parts of the completion methods

Unpublished assessment item