Universität Wien

040109 KU Asset Pricing 1 (MA) (2020W)

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

Attendance of the first meeting at Oct. 1st is MANDATORY.

The final exam is digital and takes place at Thursday, Jan. 28, 06:30 - 08:00 pm.

The course takes place in the lecture hall; if classroom teaching should not be possible due to stricter Covid19 regulations, the course will be held digitally. (July 2020)

According to new regulations as of Sep. 29th , the first meeting will take place online on Moodle (via Collaborate or via BBB). Any further information will be communicated via Moodle.

  • Thursday 01.10. 16:45 - 18:15 Digital
    Hörsaal 1 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Friday 09.10. 16:45 - 18:15 Digital
    Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Thursday 15.10. 16:45 - 18:15 Digital
    Hörsaal 1 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Friday 16.10. 16:45 - 18:15 Digital
    Hörsaal 1 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Thursday 22.10. 16:45 - 18:15 Digital
    Hörsaal 1 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Thursday 29.10. 18:30 - 20:00 Digital
    Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 05.11. 16:45 - 18:15 Digital
    Hörsaal 1 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Thursday 12.11. 16:45 - 18:15 Digital
    Hörsaal 1 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Thursday 26.11. 16:45 - 18:15 Digital
    Hörsaal 1 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Thursday 03.12. 16:45 - 18:15 Digital
    Hörsaal 1 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Thursday 10.12. 16:45 - 18:15 Digital
  • Thursday 17.12. 16:45 - 18:15 Digital
    Hörsaal 1 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Thursday 07.01. 16:45 - 18:15 Digital
    Hörsaal 1 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Thursday 14.01. 16:45 - 18:15 Digital
    Hörsaal 1 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Thursday 21.01. 16:45 - 18:15 Digital
    Hörsaal 1 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Thursday 28.01. 18:30 - 20:00 Digital

Information

Aims, contents and method of the course

The course Asset Pricing I is the first part of a sequence on asset pricing. Asset Pricing I analyses the determinants of asset prices in a complete market setting under symmetric information. Asset Pricing II extends the analysis to the empirically more relevant incomplete market setting with asymmetric information and liquidity risk.

Accordingly, this course lays the foundations for a deeper understanding of the determinants of asset prices. It discusses the role of cash-flow expectations and various notions of risk on the prices of traded securities.

The role of informational asymmetries on market participation, liquidity and, hence, asset prices will be the topic of the advanced course Asset Prices II.

While the course is mainly theoretical, all its motivation as well as the validation of the theories developed in this course is empirical and data-driven.

Assessment and permitted materials

Participation is MANDATORY.

Written (final, homework, quizzes) and oral (presentations, active participation)

The final will carry 50% of the points

homework will carry 25% of the points provided the results can be presented in a coherent way

active participation will carry another 25% (this includes ad-hoc quizzes during lectures)

Minimum requirements and assessment criteria

In order to pass the course at least 25 points need to be achieved in the final and overall 50% of the total score is required.

Examination topics

Presentations of the lecturer including presentation slides, student presentations, reading list

Reading list

Available on Moodle.

Association in the course directory

Last modified: Fr 12.05.2023 00:12