MSc COURSE : ASSET PRICING AND PORTFOLIO THEORY

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Presentation transcript:

MSc COURSE : ASSET PRICING AND PORTFOLIO THEORY

Aims Introduce basic concepts used to price financial assets Analyse relationships between risk and return Diversification and Portfolio Theory CAPM and other factor models Practical issues and empirical findings

The Textbook

The Website http://www.staff.city.ac.uk/d.nitzsche

The Course Lecture 1 : Lecture 2 : Lecture 3 : Lecture 4 : Lecture 5 : The Basics Lecture 2 : Utility and Risk Aversion Lecture 3 : Valuation Models : Equities and Bonds Lecture 4 : Efficient Markets and Predictability of Stock Returns Lecture 5 : Portfolio Theory

The Course (Cont.) Lecture 6 : Lecture 7 : Lecture 8 : Lecture 9 : International Portfolio Diversification / Practical Issues Lecture 7 : The CAPM Lecture 8 : Factor Models Lecture 9 : Empirical Evidence : CAPM and APT Lecture 10 : Applications of Linear Factor Models

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