Financial Markets
The e-learning course encompasses the most important concepts of financial market theory. Financial market theory is particularly suited for an e-learning course because information technology has always played an important role in this field. For example, Markowitz's portfolio theory from the 1950's was not implemented until a decade late when computers became available that had the capacity to deal with the required amount of input data. It is imperative that students of financial markets theory are able to solve mathematical, statistical and simple econometric problems in addition to mastering the theoretical concepts. A virtual course is an ideal solution that allows students to work through the course contents individually and interactively.
The topics covered are:
- Portfolio theory (diversification and efficient frontier)
- Portfolio selection and applications(Tobin separations theorem, shortfall risk, international asset allocation)
- Asset Pricing ( capital asset pricing model, estimation of betas, empirical test of the CAPM, Roll's critique, arbitrage pricing theory)
- Information and market efficiency
- Investment management (performance measurement), active portfolio management, investment strategies)
- Options and derivatives (options, futures, pricing models, greek letters, strategies, portfolio insurance)
Course form
E-learning course with online tutoring and group homeworks. Besides the introductory event and the final exam are face to face classes.
Target audience
Persons interested in finance who want to deepen their understanding of financial market theory. They should have a basic knowledge of mathematics, statistics, economics and Excel.
