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040638 EK KFK CF/FI/FM: Principles of Finance (2016S)

8.00 ECTS (4.00 SWS), SPL 4 - Wirtschaftswissenschaften

Continuous assessment of course work

Attention: This course can not be taken for the Bachelors programme.

Language of Instruction: English

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).

Registration is open from We 17.02.2016 09:00 to We 24.02.2016 12:00
Deregistration possible until Mo 14.03.2016 23:59

Details

max. 200 participants

Language: English

Lecturers

Thomas Gehrig

Classes (iCal) - next class is marked with N

Monday 07.03. 08:00 - 09:30 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Wednesday 09.03. 08:00 - 09:30 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Monday 14.03. 08:00 - 09:30 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Wednesday 16.03. 08:00 - 09:30 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Monday 04.04. 08:00 - 09:30 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Wednesday 06.04. 08:00 - 09:30 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Monday 11.04. 08:00 - 09:30 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Wednesday 13.04. 08:00 - 09:30 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Monday 18.04. 08:00 - 09:30 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Wednesday 20.04. 08:00 - 09:30 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Monday 25.04. 08:00 - 09:30 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Wednesday 27.04. 08:00 - 09:30 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Monday 02.05. 08:00 - 09:30 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Wednesday 04.05. 08:00 - 09:30 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 11.05. 08:00 - 09:30 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 18.05. 08:00 - 09:30 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Monday 23.05. 08:00 - 09:30 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Wednesday 25.05. 08:00 - 09:30 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Monday 30.05. 08:00 - 09:30 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Wednesday 01.06. 08:00 - 09:30 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Monday 06.06. 08:00 - 09:30 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Wednesday 08.06. 08:00 - 09:30 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Monday 13.06. 08:00 - 09:30 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Wednesday 15.06. 08:00 - 09:30 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Monday 20.06. 08:00 - 09:30 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Wednesday 22.06. 08:00 - 09:30 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock

Information

Aims, contents and method of the course

Introduction to the functioning of financial markets on an advanced (i.e. master) level.

The course starts with individual financial decisions under uncertainty with explicit consideration of behavioral regularities. This allows the analysis of portfolio choice for loss averse investors.

The second pillar is asset pricing in market equilibrium. After a short review of the standard symmetric information CAPM and Fama-French factor models, modern theories are discussed that explicitly introduce market microstructure noise and liquidity risk.

Assessment and permitted materials

Efficiency control (oral /written): written
Methods of conveying the content: Lectures
Allowed auxiliary means (e.g. pocket calculator, books): Books, calculator
Attendance: Mandatory

Minimum requirements and assessment criteria

Contribution of partial exams to the final grade: Homework and general contributions (30%), midterm exam (30%), final exam (40%)
Minimum requirements for the positive grade: 50%

Examination topics

http://finance.univie.ac.at/lehre/archiv/archiv-lv-beschreibungen/principles-of-finance/

Reading list