Магистратура
2025/2026
Теория финансов
Статус:
Курс обязательный (Финансы)
Кто читает:
Банковский институт
Где читается:
Банковский институт
Когда читается:
1-й курс, 1, 2 модуль
Онлайн-часы:
20
Охват аудитории:
для своего кампуса
Преподаватели:
Родина Виктория Алексеевна
Язык:
английский
Контактные часы:
12
Course Syllabus
Abstract
The Theory of Finance course covers a wide-ranging subject of asset pricing, asset valuation, and asset risk measurement and management. Assets under consideration includes bonds, stocks, composite portfolios, and derivatives. Students will study well-established pricing approaches and fundamental principles that underpin them. The course is designed to ensure that students acquire core professional knowledge and competence to successfully pursue a career in the financial services industry. The content of the course corresponds to the CFA Level 1 exam.
Learning Objectives
- 1) Develop financial analysis skills to make adequate judgment on asset pricing; identify asset mispricing; 2) Work with quantitative data to apply and test financial models; quantitatively demonstrate the impact of models’ assumptions and settings; 3) Blend disciplinary and interdisciplinary knowledge that strengthens students’ background for both professional practice and scholarly research.
Expected Learning Outcomes
- - to obtain practical experience in applying and testing the validity of asset pricing models using real quantitative data; - to know how to use various information and data sources to analyze and process data for economic and financial estimations;
- - apply basic financial models, understand their features and limitations; - to make efficient investment decisions in uncertainty; - to be able to identify economic problems when analyzing specific types of financial instruments, evaluate the expected results;
- Build financial models, understand their underlying logic and application nuances
- Assess challenges and advantages of the economic environment, propose an effective investment solution, and forecast the expected results;
- Demonstrate critical thinking and problem-solving skills applicable to real-life finance practices.
Course Contents
- Financial instruments, financial markets, and financial systems
- Bond and Equity Pricing
- Risk and Return; Portfolio Theory
- Capital Asset Pricing Model (CAPM) and Arbitrage Pricing Theory (APT)
- Empirical Multifactor Models; Forward and Futures Pricing
- Option Pricing; Information and Market Efficiency
Interim Assessment
- 2025/2026 2nd module0.7 * Exam + 0.15 * Intermediate Test 1 + 0.15 * Intermediate Test 2
Bibliography
Recommended Core Bibliography
- Richard Brealey, Stewart Myers, & Franklin Allen. (2020). ISE EBook Online Access for Principles of Corporate Finance: Vol. Thirteenth edition. McGraw-Hill Education.
Recommended Additional Bibliography
- Alexander, G. J., Sharpe, W. F., & Bailey, J. V. (2012). Fundamentals of investments. Slovenia, Europe: Prentice Hall. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsbas&AN=edsbas.C1BEBDC4