LEARNING OUTCOMES
Understand how sustainable finance differs from traditional finance and how sustainable finance can affect asset pricing, corporate decisions, and sustainability goals.
Credits: 6
Schedule: 22.10.2024 - 03.12.2024
Teacher in charge (valid for whole curriculum period):
Teacher in charge (applies in this implementation): Erkki Vihriälä
Contact information for the course (applies in this implementation):
Erkki Vihriälä, erkki.vihriala@aalto.fi
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:
The course provides an up-to-date overview of the field of sustainable finance to students with no prior expertise on the topic. The covered topics can include but are not necessarily limited to (i) the aims of sustainable finance, (ii) the role of different actors in sustainable finance (companies, investors, regulators), (iii) evidence on the effects of sustainable finance, (iv) potential pitfalls of sustainable finance.
applies in this implementation
Twelve lectures (à 1h45min) and assignments.
Lectures:
- Introduction
- Investor valuation of sustainability
- Corporate sustainability
- Sustainable investing styles and data
- Sustainable investing and risk-adjusted returns
- Sustainable finance and real outcomes
- Sustainable finance outside equities
- Climate finance
- Sustainable household finance
- TBA
- Regulation of sustainable finance
- Course recap and Q&A
Changes to the course content are possible during the course -- please check the up-to-date version of the syllabus on My Courses.
Assessment Methods and Criteria
valid for whole curriculum period:
Exam (50%) and Assignments (50%)
applies in this implementation
- 50 % Final exam
- 25 % Company sustainability analysis (group work)
- Structure communicated separately on My Courses
- 15 % Data assignment (individual work)
- Available on My Courses after lecture “Sustainable investing styles and data”
- 5 % Midterm quiz
- 4 % Lecture participation
- Quantity and quality matter
- Use My courses submission box to record contributions
- 1 % Answering course feedback
Workload
valid for whole curriculum period:
Contact teaching, assignments, exam
applies in this implementation
Contact teaching 21h
Independent study 138h
Exam 3h
DETAILS
Study Material
valid for whole curriculum period:
Materials provided during the course
applies in this implementation
The course materials include lecture slides and a reading list of academic articles and reports (separately provided in My Courses).
The course does not have a textbook.
Substitutes for Courses
valid for whole curriculum period:
Prerequisites
valid for whole curriculum period:
FURTHER INFORMATION
Further Information
valid for whole curriculum period:
Teaching Language: English
Enrollment:
Students at Aalto Finance M.Sc. programme (i.e. who have graduated as B.Sc.) will be guaranteed a seat on Finance M.Sc. courses. Students re-taking the course (grade already registered) will not be prioritized and can participate only if there are places remaining.
Remaining seats are prioritized as follows:
1. Finance M.Sc. exchange students from other universities
2. Aalto Finance B.Sc. students with a finished B.Sc. thesis (registered in transcript of records)
3. All other M.Sc. students at the School of Business.
Please carefully follow the registration deadlines of the courses and exams! Missing registration deadline automatically foregoes a guaranteed seat for Finance M.Sc. courses and puts prospective student at the bottom of the prioritization list.