Skip to main content
MyCourses MyCourses
  • Schools
    School of Arts, Design, and Architecture (ARTS) School of Business (BIZ) School of Chemical Engineering (CHEM) –sGuides for students (CHEM) – Instructions for report writing (CHEM) School of Electrical Engineering (ELEC) School of Engineering (ENG) School of Science (SCI) Language Centre Open University Library Aalto university pedagogical training program UNI (exams) Sandbox
  • Service Links
    MyCourses - MyCourses instructions for Teachers - MyCourses instructions for Students - Teacher book your online session with a specialist - Digital tools for teaching - Personal data protection instructions for teachers - Workspace for thesis supervision Sisu Student guide Courses.aalto.fi Library Services - Resourcesguides - Imagoa / Open science and images IT Services Campus maps - Search spaces and see opening hours Restaurants in Otaniemi ASU Aalto Student Union Aalto Marketplace
  • ALLWELL?
    Study Skills Guidance and support for students Starting Point of Wellbeing About AllWell? study well-being questionnaire
  •   ‎(en)‎
      ‎(en)‎   ‎(fi)‎   ‎(sv)‎
  • Toggle Search menu
  • Hi guest! (Log in)

close

Can not find the course?
try also:

  • Sisu
  • Courses.aalto.fi

MS-E2114 - Investment science, 09.09.2019-18.12.2019

This course space end date is set to 18.12.2019 Search Courses: MS-E2114

  1. Home
  2. Courses
  3. School of Science
  4. department of...
  5. ms-e2114 - in...
 
Syllabus
 

Why take this course in investment science?

  • Why take this course in investment science?

    Why take this course in investment science?

    Investment science is based on the application of mathematical modeling as a means of informing investment decisions. This course is focused on financial investments, including investments into securities such as bonds and stock, as well as derivative securities such as forwards, futures, swaps, and options. 

    The analysis of investment decisions requires a sound understanding about cash flow dynamics, stochastic processes, pricing and valuation of investments. This course gives a well-rounded introduction to all these topics, thus ensuring that the students master the fundamental concepts in investment science and are able to apply them in practice.

    Taking this course in 2019

    We welcome you to this course in 2019, periods I and II. The first lecture will be held on Monday 09.09.2019, at 10.15 - 12.00 in lecture hall U358 in Otakaari 1. The first exercise session is on Thursday 12.09.2019, at 10.15 - 12.00 in lecture hall U4 in Otakaari 1.

    The course topics include

    • deterministic cash flows (e.g. net present value, interest rate analysis)
    • single period random cash flows (Markowitz mean-variance portfolio theory, capital asset pricing model)
    • derivative securities and investment hedging
    • multiperiod random cash flows (discrete and continuous)
    • arbitrage pricing theory and risk neutral valuation
    • pricing of options and real options, and the Black-Scholes equation


    Course book

    D.G. Luenberger: Investment Science, Oxford University Press, 1998 (or newer editions).

    Grading

    The course is graded on a scale 0-5 based on a Final Exam (30 p/75 %) and homework (scaled to 10 p/25%).

    The homework consists of 8 assignments that each yield 0-6 points + 2 extra point for willingness to present demo exercises related to the assignments. The points are valid until the start of the next course.

    Course staff

    Lecturer:  Professor Ahti Salo (forename.surname@aalto.fi)

    Assistant: BSc Leevi Olander (forename.surname@aalto.fi)

    Office hours:
    Lecturer:  Wednesdays at 15:00 - 16:00 in room Y217. 

    • icon for activity
      ForumAnnouncements Forum
    • icon for activity
      ForumGeneral discussion Forum

Course home

Course home

Next section

Materials►
Skip Upcoming events
Upcoming events
Loading
Site event MyCourses maintenance, service out of use
Monday, 12 June, 10:00 » 17:00

Go to calendar...
  • MS-E2114 - Investment science, 09.09.2019-18.12.2019
  • Sections
  • Why take this course in investment science?
  • Materials
  • Assignments & Exercises
  • For Aalto users
  • Home Examination
  • Home
  • Calendar
  • Learner Metrics

Aalto logo

Tuki / Support
Opiskelijoille / Students
  • MyCourses instructions for students
  • email: mycourses(at)aalto.fi
Opettajille / Teachers
  • MyCourses help
  • MyTeaching Support form
Palvelusta
  • MyCourses rekisteriseloste
  • Tietosuojailmoitus
  • Palvelukuvaus
  • Saavutettavuusseloste
About service
  • MyCourses protection of privacy
  • Privacy notice
  • Service description
  • Accessibility summary
Service
  • MyCourses registerbeskrivining
  • Dataskyddsmeddelande
  • Beskrivining av tjänsten
  • Sammanfattning av tillgängligheten

Hi guest! (Log in)
  • Schools
    • School of Arts, Design, and Architecture (ARTS)
    • School of Business (BIZ)
    • School of Chemical Engineering (CHEM)
    • –sGuides for students (CHEM)
    • – Instructions for report writing (CHEM)
    • School of Electrical Engineering (ELEC)
    • School of Engineering (ENG)
    • School of Science (SCI)
    • Language Centre
    • Open University
    • Library
    • Aalto university pedagogical training program
    • UNI (exams)
    • Sandbox
  • Service Links
    • MyCourses
    • - MyCourses instructions for Teachers
    • - MyCourses instructions for Students
    • - Teacher book your online session with a specialist
    • - Digital tools for teaching
    • - Personal data protection instructions for teachers
    • - Workspace for thesis supervision
    • Sisu
    • Student guide
    • Courses.aalto.fi
    • Library Services
    • - Resourcesguides
    • - Imagoa / Open science and images
    • IT Services
    • Campus maps
    • - Search spaces and see opening hours
    • Restaurants in Otaniemi
    • ASU Aalto Student Union
    • Aalto Marketplace
  • ALLWELL?
    • Study Skills
    • Guidance and support for students
    • Starting Point of Wellbeing
    • About AllWell? study well-being questionnaire
  •   ‎(en)‎
    •   ‎(en)‎
    •   ‎(fi)‎
    •   ‎(sv)‎