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Investments MSB205

This course is about investement decisions, particularly investments in financial assets. To make informed investment decisions one first need an understanding of available assets, their payoff stuctures, and how they are priced. Secondly, one needs an understanding of how to combine assets into portfolios, and determining the optimal portfolio for a given investor. The specific topics covered in detail in this course are pricing of financial assets, such as stocks and bonds, portfolio theory, asset pricing and portfolio evaluation.  


Course description for study year 2021-2022. Please note that changes may occur.

Fakta
Emnekode

MSB205

Vekting (SP)

10

Antall semestre

1

Vurderingssemester

Spring

Undervisningsspråk

English

Tilbys av

UiS Business School

Learning outcome

Knowledge

Upon completion of the course:

  • Students will have deep knowledge about financial markets, various financial institutions and how financial instruments are traded.
  • Students will have obtained thorough understanding of the portfolio theory, its relation to the capital asset pricing model (CAPM). Students will know about several extensions of the CAPM model and understand why these extensions were introduced.
  • Students will have obtained a detailed knowledge about asset allocation, its purpose and limitations.

Skills

  • The student will be able to examine portfolio expected returns and risk, and apply various measures of fund performance.
  • Students will be able to evaluate performance of portfolios and investment funds.
  • The knowledge gained by students will enable them to apply financial theory to practical investment problems which they can encounter both as a private person and in their professional life.
  • Students will be able to apply the theory and models on practical problems of relevance for investors through in-depth knowledge of the financial markets and rigorous analytical thinking.
  • Students will have improved their analytical thinking.
  • Students will be able to solve financial problems in Excel or other relevant software, and this way they will have deepened their ability to use such software.
Content
This course is an intermediate course in investements. It describes portfolio decisions and key aspects of financial investments. The course will cover the following topics: Basic financial instruments (equities, fixed income, derivatives), optimal portfolio choice, equilibrium asset pricing models and fund performance measurement.
Required prerequisite knowledge
None
Eksamen / vurdering
Vurderingsform Vekting Varighet Karakter Hjelpemiddel
Written exam 1/1 4 Hours A - F Valid calculator.

Coursework requirements
Assignments
Information about coursework requirements will be announced on Canvas.
Course teacher(s)
Course coordinator: Peter Molnar
Course coordinator: Peter Molnar
Course teacher: Peter Molnar
Study Program Director: Yuko Onozaka
Method of work

The course is delivered as a combination of lectures and extensive course work. The course work will be in the form of case studies the students will have to solve.

The expected workload for the students is 250-300 hours, allocated to:

50 hours lectures and seminars

150 hours self study (reading textbook, solving problems), and

50-100 hours coursework

Open for
Master in Accounting and Auditing Business Administration - Master of Science
Course assessment
Students will have the opportunity to give feedback on the course first in an early dialogue, and then in a written course evaluation at the end of the course.
Overlapping courses
Course Reduction (SP)
Investments (MØA205) 10
Literature
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