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INVESTMENT

Attività formativa monodisciplinare
Codice dell'attività formativa: 
87172

Scheda dell'insegnamento

Per studenti immatricolati al 1° anno a.a.: 
2020/2021
Insegnamento (nome in italiano): 
INVESTMENT
Insegnamento (nome in inglese): 
INVESTMENT
Tipo di attività formativa: 
Attività formativa Caratterizzante
Tipo di insegnamento: 
Opzionale
Settore disciplinare: 
ECONOMIA DEGLI INTERMEDIARI FINANZIARI (SECS-P/11)
Anno di corso: 
3
Anno accademico di offerta: 
2022/2023
Crediti: 
6
Responsabile della didattica: 
Mutuazioni
  • Corso di studi in ECONOMIA AZIENDALE - Percorso formativo in AMMINISTRAZIONE e CONTROLLO

Altre informazioni sull'insegnamento

Modalità di erogazione: 
Didattica Convenzionale
Lingua: 
Inglese
Ciclo: 
Primo Semestre
Obbligo di frequenza: 
No
Ore di attività frontale: 
48
Ore di studio individuale: 
102
Ambito: 
Aziendale
Prerequisites

Compulsory prerequisites required (Propedeuticità) are published on the web site: https://lt-ea.unibg.it/it/node/122

Educational goals

The course aims to provide the theoretical and empirical knowledge needed to understand the characteristics and the dynamics of capital markets. Furthermore, the course aims to give students the instruments to understand and to evaluate the return and the risk of financial instruments as a single asset class and as a combination in a portfolio. Finally, the notion of market structure and efficient markets is analysed.
At the end of the course, the students will able to understand: the value of financial instruments making also reference to the calculation of their return and risks; the concept of portfolio diversification and portfolio management strategies; the idea of efficient markets.

Course content

I PART: Price, return and risk.
- The idea and the logic behind price, return and risk calculation;
- Price, return and risk for bonds;
- Price, return and risk for stocks;
- The term structure of interest rates;
- The efficient frontier and portfolio construction.

II PART: Bond and Stock Portfolio management.
- Benchmark construction and uses;
- Benchmarking or Indexing;
- Active Strategies;
- Immunization;
- Return Maximisation
– ex post performance measurement
III PART: Structure and efficiency of capital markets
- The definition of financial market efficiency
- Financial Markets structure

IV PART: Derivatives Instruments.

Teaching methods

Traditional lectures where students will be constantly encourage to raise questions and new topics for discussion.
The use and the reference to newspapers, website and other relevant tools for financial information will complete the course.

Assessment and Evaluation

Written test with closed books. The exam can take in a general exam. On January and February, the exam will focus on 31 multiple choice questions. For the rest of the terms the exam will consist of two parts: a first part with multiple answers (16 points) and the remaining part (15 points) with three open questions.

Further information

In the event of provisions by the authorities concerning the containment and the management of the epidemiological emergency, lessons could be affected by some changes in compliance to what is declared in the program to make the course and exams in line with what is provided.