Магистратура
2021/2022
Финансовая экономика
Статус:
Курс по выбору (Государственное и муниципальное управление)
Направление:
38.04.04. Государственное и муниципальное управление
Кто читает:
Школа финансов
Где читается:
Факультет социальных наук
Когда читается:
2-й курс, 2 модуль
Формат изучения:
с онлайн-курсом
Онлайн-часы:
20
Охват аудитории:
для своего кампуса
Преподаватели:
Добрынская Виктория Владимировна
Прогр. обучения:
Государственное и муниципальное управление
Язык:
русский
Кредиты:
3
Контактные часы:
4
Программа дисциплины
Аннотация
This is an introductory course in Finance which covers the basic principles of financial markets and asset pricing. We will discuss different financial instruments and how to use them for investment or hedging purposes. We will proceed to the basics of asset valuation. The starting point will be the present value formula. We will then talk about fixed-income securities, their valuation and the term structure of interest rates. The course will then move to stocks, starting with portfolio theory and then deriving the relation between risk and return. We will study the main asset-pricing models: the CAPM and the APT. We will talk about empirical multifactor models and various risk factors. We will discuss the major asset-pricing anomalies and investment strategies which exploit them. Finally, we will turn to derivatives, their replication and valuation based on no-arbitrage principle, and the use of them for hedging purposes. Students are eхpected to watch the online lectures (https://openedu.ru/course/hse/FINEC/) and write the final test.