- Docente: Filippo Massari
- Crediti formativi: 8
- SSD: SECS-P/01
- Lingua di insegnamento: Inglese
- Modalità didattica: Convenzionale - Lezioni in presenza
- Campus: Bologna
- Corso: Laurea in Economia, mercati e istituzioni (cod. 8038)
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dal 16/09/2024 al 12/12/2024
Conoscenze e abilità da conseguire
The student learns the basic insights into portfolio theory and management. He/she learns about investor’s choice, market opportunities, and optimal portfolio selection trading-off returns and risk. Some of the topics covered are mean-variance portfolio theory, efficient portfolio and efficient frontier, Capital asset pricing model, Arbitrage pricing model.
Contenuti
First, the course introduces the students to the problem of managing a portfolio.
- the mean-variance portfolio choice,
- CAPM,
- APT, Fama-French models.
Second, the course introduces the students to the main models and techniques that are used to analyze fixed income securities.
- Starting from basic concepts such as the yield curve, yield-to-maturity, duration, convexity, the course introduces portfolio hedging strategies based on duration-matching or asset liability management.
Third, the course introduces options pricing
Fourth, the course expose the students to the main behavioural finance findings in teh current literature
Testi/Bibliografia
Bodie, Kane and Marcus (2011), Investments, McGraw-Hill
Metodi didattici
Lezioni frontali, homeworks
Modalità di verifica e valutazione dell'apprendimento
mid-term+final exam
Strumenti a supporto della didattica
Slides, Homeworks
Orario di ricevimento
Consulta il sito web di Filippo Massari