LEARNING OUTCOMES
The student has a good understanding of the key concepts and methods of investment science, including topics such as interests rates; cash flow analysis; Markowitz' portfolio theory; capital asset pricing model; arbitrage pricing theory; forward, futures and option contracts; pricing of options; hedging; interest rate derivatives; interest rate dynamics.
The student is able to formulate and solve problems involving financial instruments. The student has a strong foundation for pursuing advanced studies in financial engineering and quantitative finance.
Credits: 5
Schedule: 16.12.2021 - 16.12.2021
Teacher in charge (valid for whole curriculum period):
Teacher in charge (applies in this implementation): Ahti Salo
Contact information for the course (applies in this implementation):
CEFR level (valid for whole curriculum period):
Language of instruction and studies (applies in this implementation):
Teaching language: English. Languages of study attainment: English
CONTENT, ASSESSMENT AND WORKLOAD
Content
valid for whole curriculum period:
Financial instruments of investment science and finance, risk analysis, term structure of interest rates, pricing of derivatives, optimization of investment portfolio return.
DETAILS
Study Material
valid for whole curriculum period:
D.G. Luenberger: Investment Science, Oxford University Press, either 1st (1998) or 2nd edition (2013).
Substitutes for Courses
valid for whole curriculum period:
Prerequisites
valid for whole curriculum period:
SDG: Sustainable Development Goals
8 Decent Work and Economic Growth
9 Industry, Innovation and Infrastructure
FURTHER INFORMATION
Further Information
valid for whole curriculum period:
Teaching Period:
2020-2021 Autumn I-II
2021-2022 Autumn I-II
Course Homepage: https://mycourses.aalto.fi/course/search.php?search=MS-E2114
Registration for Courses: In the academic year 2021-2022, registration for courses will take place on Sisu (sisu.aalto.fi) instead of WebOodi.