Financial Investments: Module I, Portfolio Theory; Module Ii, Portfolio Management
A.Y. 2024/2025
Learning objectives
Instructional objectives that students are expected to achieve (first module - PORTFOLIO THEORY):
Equilibrium in capital markets, portfolio theory and practice: to understand theory and empirical evidence behind optimal risky portfolios; capital asset pricing models; arbitrage pricing models, single-index and multifactor models of risk and return.
The efficient market hypothesis, and the behavioral finance: to understand theory and empirical evidence behind well-functioning markets, irrational behaviors and bubbles.
Instructional objectives that students are expected to achieve (second module - PORTFOLIO MANAGEMENT):
Risk management in the context of fixed-income securities: to understand bond prices and yields, the term structure of interest rates, managing bond portfolios.
Risk management in the context of stock securities: to understand macroeconomic and industry analysis, equity valuation models, financial statement analysis.
Risk management in the context of derivatives: to understand the trading mechanics of option and futures contracts and their pricing.
Portfolio performance evaluation: to understand the reasons for the use of risk-adjusted indicators, to calculate and use them.
Equilibrium in capital markets, portfolio theory and practice: to understand theory and empirical evidence behind optimal risky portfolios; capital asset pricing models; arbitrage pricing models, single-index and multifactor models of risk and return.
The efficient market hypothesis, and the behavioral finance: to understand theory and empirical evidence behind well-functioning markets, irrational behaviors and bubbles.
Instructional objectives that students are expected to achieve (second module - PORTFOLIO MANAGEMENT):
Risk management in the context of fixed-income securities: to understand bond prices and yields, the term structure of interest rates, managing bond portfolios.
Risk management in the context of stock securities: to understand macroeconomic and industry analysis, equity valuation models, financial statement analysis.
Risk management in the context of derivatives: to understand the trading mechanics of option and futures contracts and their pricing.
Portfolio performance evaluation: to understand the reasons for the use of risk-adjusted indicators, to calculate and use them.
Expected learning outcomes
Instructional objectives that students are expected to achieve (first module - PORTFOLIO THEORY):
Equilibrium in capital markets, portfolio theory and practice: to understand theory and empirical evidence behind optimal risky portfolios; capital asset pricing models; arbitrage pricing models, single-index and multifactor models of risk and return.
The efficient market hypothesis, and the behavioral finance: to understand theory and empirical evidence behind well-functioning markets, irrational behaviors and bubbles.
Instructional objectives that students are expected to achieve (second module - PORTFOLIO MANAGEMENT):
Risk management in the context of fixed-income securities: to understand bond prices and yields, the term structure of interest rates, managing bond portfolios.
Risk management in the context of stock securities: to understand macroeconomic and industry analysis, equity valuation models, financial statement analysis.
Risk management in the context of derivatives: to understand the trading mechanics of option and futures contracts and their pricing.
Portfolio performance evaluation: to understand the reasons for the use of risk-adjusted indicators, to calculate and use them.
Equilibrium in capital markets, portfolio theory and practice: to understand theory and empirical evidence behind optimal risky portfolios; capital asset pricing models; arbitrage pricing models, single-index and multifactor models of risk and return.
The efficient market hypothesis, and the behavioral finance: to understand theory and empirical evidence behind well-functioning markets, irrational behaviors and bubbles.
Instructional objectives that students are expected to achieve (second module - PORTFOLIO MANAGEMENT):
Risk management in the context of fixed-income securities: to understand bond prices and yields, the term structure of interest rates, managing bond portfolios.
Risk management in the context of stock securities: to understand macroeconomic and industry analysis, equity valuation models, financial statement analysis.
Risk management in the context of derivatives: to understand the trading mechanics of option and futures contracts and their pricing.
Portfolio performance evaluation: to understand the reasons for the use of risk-adjusted indicators, to calculate and use them.
Lesson period: First trimester
Assessment methods: Esame
Assessment result: voto verbalizzato in trentesimi
Single course
This course cannot be attended as a single course. Please check our list of single courses to find the ones available for enrolment.
Course syllabus and organization
Single session
Responsible
Lesson period
First trimester
Module I, Portfolio Theory
SECS-P/11 - FINANCIAL MARKETS AND INSTITUTIONS - University credits: 6
Lessons: 40 hours
Professor:
Degl'Innocenti Marta
Module II, Portfolio Management
SECS-P/09 - CORPORATE FINANCE - University credits: 6
Lessons: 40 hours
Professor:
Vandone Daniela
Professor(s)
Reception:
On appointment