Plan du site

Lovo Stefano

Financial Economics

Course Content

This course provides an introduction to finance.  In the first part of the course the emphasis is on time value of money (TMV) and its applications, including capital budgeting.  The second part of the course will be devoted to the fundamental theories of finance: Modern Portfolio Theory (MPT) and the Capital Asset Pricing Model (CAPM).

 

 

Course Materials

 

Students will be provided with a reader with exercises that will complement the lectures and copies of the lecture slides.

 

Reference Books

  (with HEC Library call numbers)

Finance by Bodie & Merton available in English & French (BOD-5), and

Investments by Bodie, Kane & Marcus available in English (BOD-5-712).

 


 

Syllabus and schedule

 CARE Incentive Scheme

 

SLIDES                                                                           PROBLEM SETS                                     QUIZ

Slides on Time Value of Money                                    Problem set 1 with soultion key               Quiz 1 with soultion key

Slides on Capital Budgeting                                         Problem set 2 with soultion key               Quiz 2 with soultion key

Slides on Uncertainty                                                  Problem set with solution key                   Quiz 3 with solution key

 Slides on Portfolio Theory                                           Problem set 4 with solution key                Quiz 4 with soultion key

 Slides on CAPM                                                         Problem set 5 with  solution key                                                                        

 

 

Efficient  frontier  (to run this file you need first to install the free-ware Wolfram CDF Player

Market Portfolio: FT Global 500                                                                                                                                                                                     

Sample Quiz 1 from a past year 

Sample Quiz 2 from a past year

Sample Quiz 3 from fro Prof Schmidt 

Sample Quiz 4 from a past year                                                                       

Additional problems  on NPV

Additional problems on Portfolio Theory Data for the problem set

A previous year final exam with answers

 Formulae Vade-mecum

 

Schedule of Review Sessions (by Pekka Honkannen):

Sept 12 20h00 - 22h00 T205
Sept 14 17h00-19h00 T301
Sept 29 18h00 - 20h00

TBA

Oct 05 20h00 - 22h00 T302
Oct 17 20h00 - 22h00 T205