Checking date: 13/03/2024

Course: 2024/2025

Asset Valuation
Dual Bachelor in Law and Business Administration (Plan: 410 - Estudio: 229)


Department assigned to the subject: Business Administration Department

Type: Electives
ECTS Credits: 6.0 ECTS


Requirements (Subjects that are assumed to be known)
Mathematics, Statistics, Econometrics I and II, Microeconomics III, Financial Economics, Corporate Finance, Financial Systems
Diseño y gestion de estrategias de inversion a corto y largo plazo.
Skills and learning outcomes
Description of contents: programme
Starting from the basic asset pricing equation, the rational asset pricing theories are first summarized. The basic ideas of Behavioral Finance are introduced below. Finally, the main approaches to financial investment are described based on asset classes, systematic strategies, and risk factors, including strategic asset allocation. All bibliography is in English. PROGRAM: 1. The basic asset pricing equation 2. Rational asset pricing theories 3. Behavioral Finance 4. Asset classes: historical evidence of results 5. Systematic investment strategies 6. Asset Allocation 7. Asset Selection 8. Strategic Asset Allocation
Learning activities and methodology
The teaching methodology will include: 1. Master classes, where the knowledge that students must acquire will be presented. 2. Discussion of real cases of portfolio management activity in which specific problems that may arise in it will be analyzed. 3. Simulations in computer classrooms in which the various investment portfolios designed by the students who have been distributed in groups are put into competition. 4. Resolution of exercises by the student that will help them self-evaluate their knowledge and acquire the necessary skills. 5. Sharing the answers to the exercises, as well as the possible errors that have arisen in the competition between portfolios.
Assessment System
  • % end-of-term-examination 40
  • % of continuous assessment (assigments, laboratory, practicals...) 60

Calendar of Continuous assessment

Extraordinary call: regulations
Basic Bibliography
  • A. Ilmanen. Expected returns. Wiley. 2011
Additional Bibliography
  • H. Misnky. Stabilizing an unstable economy. McGraw Hill. 2008

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

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