Autumn 2023Spring 2024
Analysis in connection with the three main types of financial instruments:
- Interest rate instruments (bonds/bills)
- Derivatives (options, futures and forwards)
Further development of "standard portfolio theory":
- Portfolio analysis
- Capital Asset Pricing Model (CAPM) and new variants
- The efficiency characteristics of financial markets
- Investment analysis and portfolio management
- New management principles
- Pricing and valuation
- Management and strategies
- Institutional conditions
- Students will be able to understand the principles of pricing and valuation of financial instruments such as stocks, derivatives and fixed income securities;
- Students will be able to know portfolio theory and its relation to the capital asset pricing model (CAPM) and variants of the model;
- Students will be able to understand the principles of asset allocation and strategies, as well as performance evaluation of portfolios.
- Students will be able to apply the theory and models on practical problems of relevance for investors through in-depth knowledge of the financial markets and rigorous analytical thinking;
- Students will be able to solve financial problems using Microsoft Excel.
- Students will be able to address investment decisions in a systematic manner focusing on financial theory and empirical evidence;
- Students will be able to communicate the knowledge to investment professionals and carry out extensive independent work on investment analysis;
- Students will be able to provide insights to a wider audience about the differences among the basic types of securities and how they fit in the total portfolio picture;
- Students will be able to form an opinion about current issues and debates covered by media and finance journals.
Lectures, quizzes and problem sets.
It is recommended that students have taken courses like BED3 / BED030 Investment.
Credit reduction due to overlap
FIE400E course can not be combined with FIE400N, which is the Norwegian version of the same course.
Approved problem sets, groups of up to 5 students.
Compulsory activities (work requirements) from FIE400N is valid for FIE400E.
4 hour school exam.
A - F
- Bodie, Z., A. Kane & A.J. Marcus: Investments. International Student Edition, 12th Edition, McGraw-Hill, 2021.
Permitted Support Material
One bilingual dictionary (Category I)
All in accordance with Supplementary provisions to the Regulations for Full-time Study Programmes at the Norwegian School of Economics Ch.4 Permitted support material
- ECTS Credits
- Teaching language
Spring and Autumn. Offered Autumn 2023.
Autumn 2023 the course will be taught by Associate Professor Nataliya Gerasimova
Spring: Assistant Professor Elizaveta Sizova, Department of Finance, NHH.