syllabus
Carroll School of Management
Boston College
INVESTMENTS
MF 801.01
Spring 2014
Professor Dmitriy Muravyev
Office: Fulton 346
Phone: 617-552-0883
Email: muravyev@bc.edu
Lectures: Thursday, 7pm, Fulton 150
Course Description
The course is a rigorous, quantitative introduction to portfolio choice and financial asset valuation. The main topics of the course are arbitrage, portfolio selection, equilibrium asset pricing (CAPM), fixed income securities, and derivative pricing.
You are expected to understand valuation formulas and be able to apply them to new problems. The appropriate tools necessary for solving these problems will be developed at each stage and practiced in the homework assignments. The models we will cover have immediate applications and implications for real-world financial decisions.
Prerequisites
I will assume you are already familiar with basic algebra and basic calculus. You are also expected to have an understanding of basic economic and statistical concepts beforehand. From economics you should understand supply and demand curves, including the distinction between shifts versus movements along a curve. From statistics you should understand mean, standard deviation, covariance, correlation, and regression models. Familiarity with Excel is also expected.
Required Course Materials
Textbook: (BKM) Investments (with Connect), by Bodie, Kane, and Marcus, 10th or 9th edition (Irwin/McGraw-Hill), 2013,
Connect subscription is required for homework and practice problems. It comes with the book or can be purchased separately. The connect website for the course is http://connect.mcgraw-hill.com/class/bc_investments Microsoft Excel or comparable spreadsheet software
Communication
I will be posting class slides on the course website on Blackboard. You are encouraged to check the course webpage every few days. The relevant class slides will be posted before class—please make sure to
Boston College
INVESTMENTS
MF 801.01
Spring 2014
Professor Dmitriy Muravyev
Office: Fulton 346
Phone: 617-552-0883
Email: muravyev@bc.edu
Lectures: Thursday, 7pm, Fulton 150
Course Description
The course is a rigorous, quantitative introduction to portfolio choice and financial asset valuation. The main topics of the course are arbitrage, portfolio selection, equilibrium asset pricing (CAPM), fixed income securities, and derivative pricing.
You are expected to understand valuation formulas and be able to apply them to new problems. The appropriate tools necessary for solving these problems will be developed at each stage and practiced in the homework assignments. The models we will cover have immediate applications and implications for real-world financial decisions.
Prerequisites
I will assume you are already familiar with basic algebra and basic calculus. You are also expected to have an understanding of basic economic and statistical concepts beforehand. From economics you should understand supply and demand curves, including the distinction between shifts versus movements along a curve. From statistics you should understand mean, standard deviation, covariance, correlation, and regression models. Familiarity with Excel is also expected.
Required Course Materials
Textbook: (BKM) Investments (with Connect), by Bodie, Kane, and Marcus, 10th or 9th edition (Irwin/McGraw-Hill), 2013,
Connect subscription is required for homework and practice problems. It comes with the book or can be purchased separately. The connect website for the course is http://connect.mcgraw-hill.com/class/bc_investments Microsoft Excel or comparable spreadsheet software
Communication
I will be posting class slides on the course website on Blackboard. You are encouraged to check the course webpage every few days. The relevant class slides will be posted before class—please make sure to