Investments (MSB205)
This course discusses investment decisions, in particular material relevant for portfolio managers. Topics include potential investment vehicles (investable assets), the trading environment (asset markets)and portfolio analysis (risk/return tradeoff). Particular emphasis is on the pricing of assets, such as stocks and bonds, portfolio evaluation,and market efficiency.
Course description for study year 2023-2024. Please note that changes may occur.
Course code
MSB205
Version
1
Credits (ECTS)
10
Semester tution start
Spring
Number of semesters
1
Exam semester
Spring
Language of instruction
English
Content
Examples of typical subjects covered are
- Financial instruments (equities, fixed income, derivatives).
- Pricing of stocks and bonds.
- Portfolio diversification
- Testing of asset pricing models.
- Alpha and other tools for portfolio evaluation.
- ESG inputs to portfolio decisions.
Learning outcome
Knowledge
Upon completion of the course students will gain knowledge of:
- Asset Markets, their instruments and how they are traded.
- Portfolio theory.
- Asset Allocation.
- How ESG considerations affect investment decisions.
- The international nature of financial investments.
Skills
Upon completion of the course, students will be able to
- Evaluate portfolio expected return and risk, using models such as the CAPM and its variants.
- Perform portfolio evaluations and evaluate performance of funds.
- Use various methods to price financial assets, such as stocks and bonds.
- Use software tools like R and Excel in investment settings.
- Build portfolios (asset allocation) to match the desired goal of an investor.
Required prerequisite knowledge
Recommended prerequisites
Exam
Form of assessment | Weight | Duration | Marks | Aid |
---|---|---|---|---|
Written exam | 1/1 | 4 Hours | Letter grades | Valid calculator |
Coursework requirements
Further details about course requirements are given in the syllabus available at the beginning of the teaching semester.
Parts of the course requirements is handins to problems/cases that need to be passed before the students can take the exam.
Course teacher(s)
Course coordinator:
Bernt Arne ØdegaardStudy Program Director:
Yuko OnozakaMethod of work
Overlapping courses
Course | Reduction (SP) |
---|---|
Investments (MØA205_1) | 10 |