| Code | Lecturer(s) | Associate Lecturer(s) | Subsitute Lecturer(s) et other(s) |
|---|---|---|---|
| W-FINA-025 |
|
| Language of instruction | Language of assessment | HT(*) | HTPE(*) | HTPS(*) | HR(*) | HD(*) | Term |
|---|---|---|---|---|---|---|---|
| Français | Français | 20 | 10 | 0 | 0 | 0 | Q2 |
Contents
Initial public offering
Description and functioning of stock markets and specifically Euronext markets
Neo-classic theory of financial markets: rationality, informative efficiency, etc.
Prospect Theory
Diversification of portfolios
Required Learning Resources/Tools
Kahneman D. & Tversky A. (1979), "Prospect Theory : An analysis of Decision Under Risk", Econometrica, 47, pp.263-291
Lintner J. (1965), «The Valuation of Risk Assets and Selection of Risky Investments in Stock Portfolios and Capital Budgets », Review of Economics and Statistics, Vol.47, pp.13-37.
Markowitz H. (1952), «Portfolio Selection », Journal of Finance, vol. 7, mars, pp. 77-91.
Mossin J. (1966), «Equilibrium in a Capital Market», Econometrica, Vol.34, pp.768-783
Sharpe W.F. (1963), "A Simplified Model for Portfolio Analysis", MAnagement Science, janvier, 277-293
Sharpe W.F. (1964), «Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk », Journal of Finance, vol.19, n°3, pp.425-442
Recommended Learning Resources/Tools
Not applicable
Other Recommended Reading
Not applicable
Mode of delivery
- Mixed
Term 1 Assessment - type
- N/A
Term 1 Assessment - comments
Not applicable
Term 2 Assessment - type
- Presentation and works
- Written examination
Term 2 Assessment - comments
Written examination with a theoretical part and a part exercises (60 %)Presentationof summaries of scientific articles by group (20 %)Portfolio Management Competition and report (20 %)
Term 3 Assessment - type
- Presentation and works
- Written examination
Term 3 Assessment - comments
Written examination with a part theory and a part exercise: 100 % unless the student did not obtain a note(mark) of at least 10/20 in each of the works. In this case, the student will have to represent the works for which he would not have obtained 10/20 besides the written examination.
Resit Assessment - Term 1 (B1BA1) - type
- N/A
Resit Assessment - Term 1 (B1BA1) - Comments
Not applicable
Type of Teaching Activity/Activities
- Cours (cours magistraux; conférences)
- Travaux pratiques / travaux de laboratoire / exercices de création et recherche en atelier / projet sur ordinateur /études de cas