Universität Wien

040050 KU Active Investing (MA) (2019W)

4.00 ECTS (2.00 SWS), SPL 4 - Wirtschaftswissenschaften
Continuous assessment of course work
Moodle

Registration/Deregistration

Note: The time of your registration within the registration period has no effect on the allocation of places (no first come, first served).

Details

max. 50 participants
Language: English

Lecturers

Classes (iCal) - next class is marked with N

  • Tuesday 08.10. 16:45 - 18:15 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Tuesday 15.10. 16:45 - 18:15 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Tuesday 22.10. 16:45 - 18:15 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Tuesday 29.10. 16:45 - 18:15 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Tuesday 05.11. 16:45 - 18:15 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Tuesday 12.11. 16:45 - 18:15 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Tuesday 19.11. 16:45 - 18:15 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Tuesday 26.11. 16:45 - 18:15 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Tuesday 03.12. 16:45 - 18:15 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Tuesday 10.12. 16:45 - 18:15 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Tuesday 17.12. 16:45 - 18:15 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Tuesday 07.01. 16:45 - 18:15 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Tuesday 14.01. 16:45 - 18:15 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Tuesday 21.01. 16:45 - 18:15 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Tuesday 28.01. 16:45 - 18:15 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß

Information

Aims, contents and method of the course

The course deals with trading strategies used by sophisticated investors such as hedge funds and focuses predominantly on equity markets. It discusses the development and evaluation of such strategies, their use in portfolio construction, and risks that investors employing various categories of strategies are exposed to.

Topics of the Course:

1. Understanding Hedge Funds and Other Smart Money
2. Evaluating Trading Strategies: Performance Measures
3. Finding and Backtesting Strategies: Profiting in Efficiently Inefficient Markets
4. Portfolio Construction and Risk Management
5. Trading and Financing a Strategy: Market and Funding Liquidity
6. Introduction to Equity Valuation and Investing
7. Discretionary Equity Investing
8. Dedicated Short Bias
9. Quantitative Equity Investing
10. Event-Driven Investments

Assessment and permitted materials

The grade will be based on a written final exam, homework exercises and class participation. The exact details will be announced in the first class.

Minimum requirements and assessment criteria

Successful completion of Basics of Finance (or comparable courses). Courses on Asset Pricing or Investments are recommended.

Examination topics

All material covered in class and in the corresponding textbook chapters.

Reading list

The course is based on the following textbook:

Pedersen, L.H. (2015, or paperback from 2019): Efficiently Inefficient: How Smart Money Invests and Market Prices Are Determined. Princeton University Press

Association in the course directory

Last modified: Mo 07.09.2020 15:19