Number of hours
- Lectures 33.0
- Projects -
- Tutorials -
- Internship -
- Laboratory works -
- Written tests -
ECTS
ECTS 3.0
Goal(s)
The objective of this course is to present the fundments in finance theory: decision theory, utility functions,…
Fundamental concepts of market finance will also be presented: equilibrium models, arbitrage, market efficiency.
Responsible(s)
Ollivier TARAMASCO
Content(s)
Part 1:
- Utility functions
- Risk premium
- The mean-variance approach
- Efficient Frontier
- Equilibrium models : CAPM
- Updating in uncertain future. Risk premium.
- Arbitration and pricing using arbitrage.
Some basic notions in mathematics, probability and statistics.
Test
Evaluation : Examen Ecrit (2H)
Resit :
NORMAL SESSION:
Type of exam: written exam 100%
Duration: 2 hours
Authorized documents: handwritten course notes.
Prohibited documents: any document other than handwritten course notes.
Material:
- authorized equipment: calculator
- equipment prohibited: any equipment other than the calculator
SECOND SESSION :
Type of exam: oral exam duration 30 mn + 30 mn preparation or written exam duration 2H
Authorized documents: handwritten course notes
Prohibited documents: any document other than the handwritten course notes
Material:
- authorized equipment: calculator
- equipment prohibited: any equipment other than the calculator
Comments:
Calendar
The course exists in the following branches:
- Curriculum - Financial Engineering - Semester 7
Additional Information
Course ID : 4MMTF4
Course language(s): 
The course is attached to the following structures:
- Team Finance.
You can find this course among all other courses.
Bibliography
Quittard-Pinon : Marchés des capitaux et théorie financière.
Merton : Continuous Time Finance
Briys et Viala : éléments de théorie financière.