Бакалавриат
2020/2021
Теория финансов
Статус:
Курс по выбору (Экономика)
Направление:
38.03.01. Экономика
Кто читает:
Департамент финансов
Где читается:
Санкт-Петербургская школа экономики и менеджмента
Когда читается:
2-й курс, 3 модуль
Формат изучения:
без онлайн-курса
Преподаватели:
Далал Адель,
Маити Моинак
Язык:
английский
Кредиты:
3
Контактные часы:
32
Course Syllabus
Abstract
This is an introductory course on theory of finance. The course starts with discussing the basics terms such as the cashflows, TMV, and it progresses towards the more advanced topics. It also discusses empirical puzzles and recent theories that have been developed. After mastering this course, the students will gain substantial knowledge on the theory of finance and will be able to apply the same in solving real life problems.
Learning Objectives
- To know theories of finance and their appropriate applications
- To critically analyze the given problem and to derive comprehensive solutions for the given problem
- To identify a problem and select appropriate models to solve it
- To develop new models and apply them to solve problems in finance
Expected Learning Outcomes
- Knowledge of finance theories and its appropriate applications
- Identifying problem and appropriate model selections
- Will be able to critically analyze the given problem and to derive comprehensive solutions for the given problem
Course Contents
- Introduction, Cash Flow and Time value of Money
- Discounting & NPV
- Valuation: Stocks & Bonds
- Introduction to Risk & Returns
- Portfolio Theory & CAPM
- Market Efficiency
Assessment Elements
- Class activity
- Project 1Project may be held in form of either PPT or an essay on a given topic/case
- Project 2Project may be held in form of either PPT or an essay on a given topic/case
- Final examThe exam is held in a written form at LMS platform. You should be online 5 minutes before the official start of the exam. The students must be online during the whole period of the exam (80 minutes). If a student faces with technical problems during the exam, she should notify the teacher immediately by email, attaching the screenshot affirming the state of the problem.
- Midterm examThe exam is held in a written form at LMS platform. You should be online 5 minutes before the official start of the exam. The students must be online during the whole period of the exam (80 minutes). If a student faces with technical problems during the exam, she should notify the teacher immediately by email, attaching the screenshot affirming the state of the problem.
Interim Assessment
- Interim assessment (3 module)0.1 * Class activity + 0.5 * Final exam + 0.2 * Midterm exam + 0.1 * Project 1 + 0.1 * Project 2
Bibliography
Recommended Core Bibliography
- Brealey, R. A., & Allen, F. (2015). Principles of corporate finance. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsbas&AN=edsbas.BEEE7487
- Brealey, R. A., & Myers, S. C. (2012). Principles of corporate finance. Slovenia, Europe: Irwin. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsbas&AN=edsbas.BA880E76
- FAMA, E. F. (1970). Efficient Capital Markets: A Review of Theory and Empirical Work. Journal of Finance (Wiley-Blackwell), 25(2), 383–417. https://doi.org/10.2307/2325486
- Fama, E. F. (1991). Efficient Capital Markets: II. Journal of Finance, (5), 1575. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.a.bla.jfinan.v46y1991i5p1575.617
Recommended Additional Bibliography
- MARKOWITZ, H. (1952). Portfolio Selection. Journal of Finance (Wiley-Blackwell), 7(1), 77–91. https://doi.org/10.2307/2975974
- Markowitz, H. M. (1991). Foundations of Portfolio Theory. Journal of Finance (Wiley-Blackwell), 46(2), 469–477. https://doi.org/10.1111/j.1540-6261.1991.tb02669.x