The course “Investments and Asset Pricing (FIN301)” will be held by Prof. Dr. Erik Theissen and Prof. Dr. Oliver Spalt. The course addresses the investment decision problem in corporations. The course addresses the following topics: present value calculus, capital budgeting, portfolio theory, Capital Asset Pricing Model (CAPM) and market efficiency.
There are exercise sessions that accompany the lecture. They start in the second week of the semester (from February 17, 2020). Exercise sessions offer additional possibilities to practice the concepts addressed in the lecture. We offer exercises in English and German. For more information, see the course's ILIAS group.
Students will receive one final grade for this course. The final exam will be a closed-book exam and will make up 100% of the final grade. The examination time is 90 minutes. The exam may cover all materials discussed in the first and second part of the lecture, as well as during exercise sessions. The time and location of the exam will be published by the Studienbüro during the semester.
The course will be based on the textbook:
We will cover chapters 1 to 13 (13th international edition). The book also contains practice questions and quizzes for self-study and a link to a website with further materials.
Lecture slides and problem sets will be published online on the course's ILIAS page. The site provides the course materials and the course forum.
All the communication takes place through ILIAS. All material from the lecture and the exercise sessions will be uploaded to ILIAS. The course does not require any separate registration. For registration to the ILIAS group, follow this link.