Asset pricing
ECONM2035: Asset Pricing
Evarist Stoja (2B7, x10603)
e.stoja@bristol.ac.uk
Outline: This course runs over the autumn term and aims to provide a thorough grounding in the pricing of financial securities. The lectures start with some quantitative review material before moving on to bond pricing. Equity markets and determination of equity prices are treated next before students are introduced to the theory behind and testing procedures for informational efficiency in financial markets. Finally, students are given an introduction to derivative securities and derivatives pricing.
Teaching
Arrangements:
There are 2 hour lectures and a 1 hour exercise lecture for this course in weeks 2 to 10 of the autumn term. Problems to be completed by students prior to each week's exercise lecture will be distributed in advance.
Lectures:
During the lectures, I will discuss the theory on the Asset Pricing topics outlined below and give illustrative examples. Students will of course be expected and welcome to contribute.
Exercise lectures:
For the exercise lecture, students should allocate themselves into Consultancy Teams of around four people (final confirmation of the number in each team to be given after student enrolment). Choose a unique business name for your team. In the tutorials, we will listen to student presentations.
Course assessment
Team Presentations
For course approval, each student is required to attend lectures and tutorials, and to submit as part of a team a short presentation for each of the exercise lecture tasks. Topics in the module outline will include an assignment task. All teams should be prepared to present their results/conclusions to the rest of the class. A copy of the slides should be made available to me at the start by ALL teams. I will then choose randomly the teams to give their presentations on the assigned tasks. Students who have been approved will sit a three-hour examination in the summer. Details of the final
Evarist Stoja (2B7, x10603)
e.stoja@bristol.ac.uk
Outline: This course runs over the autumn term and aims to provide a thorough grounding in the pricing of financial securities. The lectures start with some quantitative review material before moving on to bond pricing. Equity markets and determination of equity prices are treated next before students are introduced to the theory behind and testing procedures for informational efficiency in financial markets. Finally, students are given an introduction to derivative securities and derivatives pricing.
Teaching
Arrangements:
There are 2 hour lectures and a 1 hour exercise lecture for this course in weeks 2 to 10 of the autumn term. Problems to be completed by students prior to each week's exercise lecture will be distributed in advance.
Lectures:
During the lectures, I will discuss the theory on the Asset Pricing topics outlined below and give illustrative examples. Students will of course be expected and welcome to contribute.
Exercise lectures:
For the exercise lecture, students should allocate themselves into Consultancy Teams of around four people (final confirmation of the number in each team to be given after student enrolment). Choose a unique business name for your team. In the tutorials, we will listen to student presentations.
Course assessment
Team Presentations
For course approval, each student is required to attend lectures and tutorials, and to submit as part of a team a short presentation for each of the exercise lecture tasks. Topics in the module outline will include an assignment task. All teams should be prepared to present their results/conclusions to the rest of the class. A copy of the slides should be made available to me at the start by ALL teams. I will then choose randomly the teams to give their presentations on the assigned tasks. Students who have been approved will sit a three-hour examination in the summer. Details of the final