Enrolment options

MS-E2114 - Investment Science D, Lecture, 13.9.2021-16.12.2021

Please note! Course description is confirmed for two academic years, which means that in general, e.g. Learning outcomes, assessment methods and key content stays unchanged. However, via course syllabus, it is possible to specify or change the course execution in each realization of the course, such as how the contact sessions are organized, assessment methods weighted or materials used.

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: 13.09.2021 - 16.12.2021

Teacher in charge (valid for whole curriculum period):

Teacher in charge (applies in this implementation): Ahti Salo, Leevi Olander

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.

Assessment Methods and Criteria

  • valid for whole curriculum period:

    Exam and assignments

Workload

  • valid for whole curriculum period:

    Contact hours 48 h. Attendance is not compulsory
    Assignments 25h 
    Autonomous studies 55h

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
Prerequisites
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.

Rules of Conduct - Students´ Rights and Responsibilities (in force from 1 August 2020)

Aalto University Code of Academic Integrity and Handling Violations Thereof

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