This is a first course in capital markets and investments. The course has three principal goals: To introduce the principles of asset valuation from an applied perspective. The majority of the class is concerned with the valuation of financial securities. The valuation issues are heavily used in portfolio management and risk management applications. To introduce the following concepts: Arbitrage. The term structure of interest rates. Portfolio theory, risk-control, and diversification. Equilibrium asset pricing models; the CAPM. Efficient and inefficient markets. Performance evaluation. Analysis of common pooled investment vehicles and tax-aware investment strategies to provide sufficient background knowledge for students seeking an overview of capital markets and an introduction to advanced finance courses.
Division: Finance

Prerequisite

Complete ANY of the following Courses

Summer 2024


B8306 - 001


B8306 - 002

Spring 2024


B8306 - 001


B8306 - 002


B8306 - 003


B8306 - 004


B8306 - 005


B8306 - 006


B8306 - 007

Fall 2023


B8306 - 001


B8306 - 002


B8306 - 003

Summer 2023


B8306 - 001


B8306 - 002

Spring 2023


B8306 - 001


B8306 - 002


B8306 - 003


B8306 - 004


B8306 - 005


B8306 - 006

Fall 2022


B8306 - 001


B8306 - 002


B8306 - 003


B8306 - 004


B8306 - XMT