Checking date: 02/08/2022


Course: 2022/2023

Asset valuation and selection
(13776)
Study: Bachelor in Finance and Accounting (201)


Coordinating teacher: PEÑA SANCHEZ DE RIVERA, JUAN IGNACIO

Department assigned to the subject: Department of Business Administration

Type: Electives
ECTS Credits: 6.0 ECTS

Course:
Semester:




Requirements (Subjects that are assumed to be known)
Mathematics (Linear Algebra and Calculus), Statistics, Econometrics I and II, Microeconomics III, Financial Economics, Corporate Finance, Financial Systems Programming skills in Matlab o similar language (S, R).
Objectives
This course presents the main tools for designing and evaluating investment strategies. First, we review the main asset classes and investment instruments. After describing the main asset classes, investment instruments, and portfolio performance measures, we focus on the critical aspects of sustainable financial investing. Next, we review the elements of investment strategies, and the course ends with some suggestions for personal portfolio choice. All the material and the readings are in English.
Skills and learning outcomes
Description of contents: programme
PROGRAM: Chapter 1. Introduction What is this course about? Grading Data and Software Project Asset standardized description Chapter 2. Asset Classes, Investments Instruments, and Portfolio Performance Asset Classes Investment Instruments Financial Risk Factors CFD Investment funds ETF Assessing Portfolio Performance Chapter 3. Sustainable Finance Why is sustainability important? Traditional and sustainable finance ESG factors ESG Investment Strategies Green Financial products Chapter 4. The Elements of the Investment Strategy Passive Investment Active Investment Asset Allocation Security Selection Market Timing Chapter 5. Personal portfolio choice Preliminaries Life expectancy Instruments Insurance Asset allocation Investment funds REITs
Learning activities and methodology
Methodology: (1) Theory. (2) Cases (3) Computer simulations. (4) Exercises (5) Class discussion.
Assessment System
  • % end-of-term-examination 0
  • % of continuous assessment (assigments, laboratory, practicals...) 100
Calendar of Continuous assessment
Basic Bibliography
  • - COCHRANE, J.H.. Asset Pricing. Princeton University Press. . 2005
  • - DIMSON, E., P. MARSH, and M. STAUNTON . Triumph of the Optimists: 101 Years of Global Investment Returns. Princeton University Press. 2002
  • - SHEFRIN, H. . Beyond Greed and Fear: Understanding Behavioral Finance. Oxford University Press. . 2002
  • A. Ilmanen. Expected returns. Wiley. 2011
  • CAMPBELL, J. y VICEIRA, . Strategic Asset Allocation. Oxford University Press. . 2002.
Additional Bibliography
  • H. Minsky. Stabilizing an unstable economy. McGraw Hill. 2008
  • Monnery, N. . Safe as Houses?. A Historical Analysis of Property Prices. .. London Publishing.. 2011

The course syllabus may change due academic events or other reasons.


More information: http://www.uc3m.es