KTTA4130 Asset Pricing and Investments (5 cr)
Study level:
Intermediate studies
Grading scale:
0-5
Language:
Finnish
Responsible organisation:
Jyväskylä University School of Business and Economics
Curriculum periods:
2024-2025, 2025-2026, 2026-2027, 2027-2028
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. Course supports especially the following goals of UN sustainable development: Decent work and Economic growth, including good health and well-being.
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
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
Working life and meta skills supported: Analytic, systematic thinking skills and ability to learn and adopt new things
Description of prerequisites
KTTP4110 Introduction to Finance
Recommended prerequisites
- Prerequisite group 1
Literature
- Bodie Z., Kane A., & Marcus A.J. 2024. Investments. 13th edition. McGraw-Hill Education.; ISBN: 978-1-266-08596-3
Completion methods
Method 1
Evaluation criteria:
Exam
Time of teaching:
Period 2
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
10/28–11/21/2024 Contact teaching
11/25–11/29/2024 Electronic exam, final exam
1/13–1/17/2025 Electronic exam
x
Exam (5 cr)
Type:
Exam
Grading scale:
0-5
Language:
English, Finnish