FIN 500 – Investments
General Information
This course introduces into the theoretical foundations of modern portfolio management and their applications. It covers expected utility theory, measures of risk and return, the theory of portfolio selection, asset pricing models and their empirical test, the efficient markets hypothesis, and issues in stock portfolio management.
Learning Outcomes
The course provides students with an understanding of the theoretical and conceptual foundations of modern quantitative portfolio management. Students learn to understand investment strategies, and to interpret and evaluate them against the background of capital market theory and the efficient markets paradigm.
Faculty
Further Information
Time & Venue
Language
Prerequisites & Access
- Students should have successfully attended the courses Finanzwirtschaft I and II in the Mannheim Bachelor program (or similar courses at other institutions)
- Students should definitely be familiar with the material covered in Brealey, Myers and Allen: Principles of Corporate Finance, 10th edition, McGraw-Hill 2011: Chapters 7,8,9,13
- The course FIN500 also requires basic knowledge in mathematics (optimization (unconstrained and constrained), elementary matrix algebra) and statistics (expected value, variance, covariance, correlation, t-tests)
Teaching Evaluations