Not available in 2017/18
FM305 Half Unit
Advanced Asset Markets
This information is for the 2017/18 session.
Prof Ian Martin
This course is compulsory on the BSc in Finance. This course is not available as an outside option nor to General Course students.
This course will cover the modern theories of asset valuation. Topics include the principle of no-arbitrage, martingales and state prices, valuation by arbitrage, option pricing and risk-neutral valuation, factor models and the arbitrage pricing theory, equilibrium pricing and capital asset pricing models, bond pricing and the term structure of interest rates.
20 hours of lectures and 10 hours of classes in the LT.
Students will be expected to produce 10 problem sets in the LT.
“Asset Pricing” by Cochrane.
Exam (100%, duration: 2 hours) in the main exam period.
Total students 2016/17: Unavailable
Average class size 2016/17: Unavailable
Capped 2016/17: No
Value: Half Unit
- Problem solving
- Application of information skills
- Application of numeracy skills
- Commercial awareness