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:
2020-2021, 2021-2022, 2022-2023, 2023-2024

Description

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.

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

Evaluation criteria:
Exam
Select all marked parts

Method 2

Evaluation criteria:
Book exam
Select all marked parts
Parts of the completion methods
x

Teaching (5 cr)

Type:
Participation in teaching
Grading scale:
0-5
Language:
English, Finnish

Teaching

x

Exam (5 cr)

Type:
Exam
Grading scale:
0-5
Language:
English, Finnish
No published teaching