- Docente: Vincenzo Denicolò
- Credits: 8
- SSD: SECS-P/11
- Language: English
- Moduli: Vincenzo Denicolò (Modulo 1) Gabriele Camera (Modulo 2)
- Teaching Mode: Traditional lectures (Modulo 1) Traditional lectures (Modulo 2)
- Campus: Bologna
- Corso: First cycle degree programme (L) in Economics and Finance (cod. 8835)
Learning outcomes
The goal of theis course is to give students theoretical knowledge and skills related to financial investments. Studets will learn how to evaluate financial instruments using the most frequently used evaluation models from modern financial theory, and how these financial instruments are traded on financial markets. This is part of the job of a financial analyst.
Course contents
1. Financial assets and risk
2. The efficient frontier
3. Optimal portfolio choice in the mean-variance approach
4. The separation property
5. Mean-variance v. expected utility
6. The single index model
7. The Capital Asset Pricing Model
8. Multi index models
9. Arbitrage Pricing Theory
10. Valuation of stocks and bonds
11. options pricing
Readings/Bibliography
Bodie, Kane e Marcus, Investment and Portfolio Management, McGraw Hill, 2013
Elton e Gruber, Modern Portfolio Theory and Investment Analysis, Wiley, 2012
Teaching methods
Lectures
Assessment methods
Written exams
Teaching tools
Software programs for the calculation of the optimal portfolio will be demonstrated
Office hours
See the website of Vincenzo Denicolò
See the website of Gabriele Camera