 | Study programme 2020-2021 | Français | |
| Introduction à la finance de marché - AAEP | |||
Learning Activity |
| Code | Lecturer(s) | Associate Lecturer(s) | Subsitute Lecturer(s) et other(s) | Establishment |
|---|---|---|---|---|
| W-FINA-015 |
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| Language of instruction | Language of assessment | HT(*) | HTPE(*) | HTPS(*) | HR(*) | HD(*) | Term |
|---|---|---|---|---|---|---|---|
| Français | Français | 18 | 2 | 0 | 0 | 0 | Q2 |
| Organisational online arrangements for the end of Q3 2020-2021 assessments (Covid-19) |
|---|
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| Description of the modifications to the Q3 2020-2021 assessment procedures (Covid-19) |
| Writing examination on Moodle for 80%. 20% come from personal work. |
Organisational arrangements for the end of Q2 2020-2021 assessments (Covid-19) online or face-to-face (according to assessment schedule)
- Written exam (multiple choice, open questions)
Description of the modifications to the Q2 2020-2021 assessment procedures (Covid-19) online or face-to-face (according to assessment schedule)
Writing examination on Moodle for 80%.
20% come from personal work.
Content of Learning Activity
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
Type of Teaching Activity/Activities
- Cours magistraux
- Travaux pratiques
- Etudes de cas
Evaluations
The assessment methods of the Learning Activity (AA) are specified in the course description of the corresponding Educational Component (UE)