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| FINA0068-1 | Applied Financial Instruments
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| Duration : | 45h Th |
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| Number of credits : |
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| Lecturer : | Marie Lambert, Aline Muller |
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Language(s) of instruction :
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| English language |
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Organisation and examination :
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| Teaching in the second semester |
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Course contents :
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| The 'Applied Financial Instruments' course provides an introduction to empirical methods that play an important role in finance and management. We will go over selected topics in asset pricing (Capital Asset Pricing Model, portfolio theory and domestic/international diversification, event study analysis,...), management decision-making (real options and investment decisions, discounted cash flow model and stock valuation,...) and related fields.
The course will be conducted in an interactive fashion. A topic will be selected for each session. The methodological framework will be outlined and we will accompany participants' first steps in the empirical implementation of the solution. |
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Learning outcomes of the course :
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| The course will improve participants' skills in empirical analysis - skills and competences that will turn out to be crucial not only for the group and individual tasks they will have to deliver during their master studies but as well for the empirical work of their master thesis. |
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Prerequisites and co-requisites/ Recommended optional programme components :
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| Basics of financial markets and financial mathematics |
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Planned learning activities and teaching methods :
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| The course is structured with two lectures per week: 1.5 hours lecture and 1 hour presentation on Thursdays, and 2 hours technical tutorial class on Fridays.
Each pair of sessions will be devoted to the methodological framework typically used to analyze a central question in finance and management. The goal is not to provide an exhaustive survey or coverage of empirical methods in finance and management. Instead, we will focus on understanding why a particular empirical methodology has been chosen, why is it best adapted to the problem at hand, and how is it used in practice.
Participants will be expected to make a presentation outlining the empirical issues and the solutions proposed. This should train participants to collect data and, most importantly, to focus on the practical use of two major softwares (Excel and Eviews). |
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Mode of delivery (face-to-face ; distance-learning) :
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Recommended or required readings :
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| Book chapters and scientific articles will be announced during the class. |
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Assessment methods and criteria :
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| Group work and presentation
Oral exam |
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Work placement(s) :
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Organizational remarks :
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Contacts :
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| Professors
Marie Lambert - marie.lambert@ulg.ac.be
Aline Muller - aline.muller@ulg.ac.be |
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