Universität Wien

040109 KU Asset Pricing 1 (MA) (2021W)

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

Summary

1 Gehrig , Moodle
2 Schräder , 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 information is available for each group.

Groups

Group 1

max. 50 participants
Language: English
LMS: Moodle

Lecturers

Classes

Because of the lockdown in Austria until further notice the lectures of this course will be held online on Zoom via Moodle. As soon as in-class teaching is safe again, the class will moved back to the class room. Please, follow closely the announcements in Moodle.(Nov. 20th).

This course starts on October 11 and participation in the opening session is mandatory to secure participation for admitted candidates. Slots not claimed by admitted candidates will be forwarded to the waitinglist.

The meetings on Oct. 11th and 18th will be physical on site.
If possible, all sessions will be held on site. This will be communicated in the course.
Also the exam at Jan. 24th will take place at OMP1.

MO 11.10.2021_08.00-09.30_Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
MO 18.10.2021_08.00-09.30_Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
MO 25.10.2021_08.00-09.30_ Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
MO 08.11.2021_08.00-09.30_ Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
MO 15.11.2021_08.00-09.30_ Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
MO 22.11.2021_08.00-09.30_ Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
MO 29.11.2021_08.00-09.30_ Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
MO 06.12.2021_08.00-09.30_ Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
MO 13.12.2021_08.00-09.30_ Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
MO 10.01.2022_08.00-09.30_ Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
MO 17.01.2022_08.00-09.30_ Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
MO 24.01.2022_08.00-09.30_ Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock

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)

Group 2

max. 50 participants
Language: English
LMS: Moodle

Lecturers

Classes (iCal) - next class is marked with N

The course starts digitally on Wednesday, 6. October, 3.00 pm - 4.30 pm.
Final Exam in lecture hall 6 on Monday, 24 January 8.00 am.

  • Wednesday 06.10. 15:00 - 16:30 Hybride Lehre
  • Wednesday 13.10. 15:00 - 16:30 Hybride Lehre
  • Wednesday 20.10. 15:00 - 16:30 Hybride Lehre
  • Wednesday 27.10. 15:00 - 16:30 Hybride Lehre
  • Wednesday 03.11. 15:00 - 16:30 Hybride Lehre
  • Wednesday 10.11. 15:00 - 16:30 Hybride Lehre
  • Wednesday 17.11. 15:00 - 16:30 Hybride Lehre
  • Wednesday 24.11. 15:00 - 16:30 Hybride Lehre
  • Wednesday 01.12. 15:00 - 16:30 Hybride Lehre
  • Friday 10.12. 15:00 - 16:30 Hybride Lehre
  • Wednesday 15.12. 15:00 - 16:30 Hybride Lehre
  • Wednesday 12.01. 15:00 - 16:30 Hybride Lehre
  • Wednesday 19.01. 15:00 - 16:30 Hybride Lehre
  • Monday 24.01. 08:00 - 09:30 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock

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 pointshomework will carry 25% of the points provided the results can be presented in a coherent wayactive participation will carry another 25% (this includes ad-hoc quizzes during lectures)

Information

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