0-1 Poor presentation of knowledge which does not indicate understanding of the material. Failing to submit on time. The final exam will be about 3 hours long. It will be closed-book. A formulae sheet will be provided by the instructor. Grading The grade of A is reserved for those who demonstrate extraordinarily excellent performance. The grade of A- is awarded only for excellent performance. The grade for good performance in this course is a B+/B. The grades of D+, D, and D- are not awarded at the graduate level. Please refer to the for grade appeal information. Faculty Policy on Academic Integrity in the Classroom Please read the related policy that will be enforced in all Carey classrooms online at: Tentative Course Calendar* *The instructors reserve the right to alter course content and/or adjust the pace to accommodate class progress. Students are responsible for keeping up with all adjustments to the course calendar. Chapters 1, 2, 3, 4 Pre-course readings: Week Content Reading Due 1 Introduction to risk and asset pricing Chapters 5 and 18 Overview of financial markets Risk and return The present value formula 2 Mean-variance analysis Chapters 6 and 7 Homework1 Risk aversion and portfolio theory Mean-variance analysis 3 The Capital Asset Pricing Model Chapter 9 Homework2 Quiz 1 4 Multifactor Asset Pricing Models Chapters 10 and 13 Homework3 Empirical Evidence on Security Returns 5 Market efficiency and anomalies Chapters 11 and 12 Homework4 The efficient market hypothesis Market predictability and random walks Rational vs behavioral finance Quiz 2 6 Fixed Income Pricing Chapters 14, 15, 16.1 Homework5 Bond prices and yields and 16.2 The term structure of interest rates Duration and convexity
0-1 Poor presentation of knowledge which does not indicate understanding of the material. Failing to submit on time. The final exam will be about 3 hours long. It will be closed-book. A formulae sheet will be provided by the instructor. Grading The grade of A is reserved for those who demonstrate extraordinarily excellent performance. The grade of A- is awarded only for excellent performance. The grade for good performance in this course is a B+/B. The grades of D+, D, and D- are not awarded at the graduate level. Please refer to the for grade appeal information. Faculty Policy on Academic Integrity in the Classroom Please read the related policy that will be enforced in all Carey classrooms online at: Tentative Course Calendar* *The instructors reserve the right to alter course content and/or adjust the pace to accommodate class progress. Students are responsible for keeping up with all adjustments to the course calendar. Pre-course readings: Chapters 1, 2, 3, 4 Week Content Reading Due 1 Introduction to risk and asset pricing Overview of financial markets Risk and return The present value formula Chapters 5 and 18 2 Mean-variance analysis Risk aversion and portfolio theory Mean-variance analysis Chapters 6 and 7 Homework1 3 The Capital Asset Pricing Model Quiz 1 Chapter 9 Homework2 4 Multifactor Asset Pricing Models Empirical Evidence on Security Returns Chapters 10 and 13 Homework3 5 Market efficiency and anomalies The efficient market hypothesis Market predictability and random walks Rational vs behavioral finance Quiz 2 Chapters 11 and 12 Homework4 6 Fixed Income Pricing Bond prices and yields The term structure of interest rates Duration and convexity Chapters 14, 15, 16.1 and 16.2 Homework5
232.701.docx