Exam dates

Handbook information

Aim

This is an advanced level course and builds on the knowledge acquired in the earlier courses in finance. The objective of the course is to provide a deeper understanding of the main elements in modern financial theory by combining theoretical and practical approach. Starting from utility specifications, we analyse optimal portfolio/consumption choices under uncertainty, derive asset pricing models, and look more in depth into corporate finance theory, especially at the capital structure and financing decisions of the firm. The course consists of lectures and related exercises.

Language of Instruction

English

Pre-requisites

It is assumed that students are familiar with fundamental concepts in finance theory and have decent skills in matrix algebra.

Contact hours

30 h

Instruction

Lectures and exercises

Literature

Copeland T E, Weston J F & Shastri K (2005): Financial theory and corporate policy. 4th ed. Pearson Education Inc. Parts specified by the lecturer.
Grinblatt M & Titman S (2002): Financial markets and corporate strategy. Irwin/McGraw-Hill. Parts specified by the lecturer.

Additional material specified by the lecturer.

Examination

There will be a written examination at the end of the course. The final grade will consist of exercises (20%) and the final examination (80%).

Instructor

Hussain Syed, Mujahid