Finance I, II and III
A three semester course. 3-4 hours per week; first semester.
Lecturer Jørgen Aase Nielsen
Content
The object of this course is to give the participants knowledge of essential financial theories, in particular those developed in the last two decades. The share, bond, option and forward markets will be analysed. Books and journal articles for the course are chosen so that the participants acquire the basic knowledge for developing results independently. A further aim is to enable participants to read theoretical financial articles in e.g.
Mathematical Finance and
Econometrica Literature
Extracts from the following books:
M. U. Dothan,
Prices in nancial markets, Oxford, 1990.
R. C. Merton,
Continuous-Time Finance, Blackwell, 1996.
P. J. Hunt and J. E. Kennedy,
Financial Derivatives in Theory and Practice, Wiley, 2000.
Evaluation
The course is a three semester course. No separate examination will be held, but the participants must be prepared to present results and make oral presentations frequently. Throughout the course many assignments will be set which must be completed satisfactorily.
ECTS-credits
10.
Quarter
Finance 1: Fall 2004, Finance II: Spring 2005, Finance III: Fall 2005.