Programa

Financial Markets

Licenciatura Bolonha em Finance

Programa

1. Portfolio management 1.1. The economic theory of choice 1.2. Portfolio theory 1.2.1. Risk and retur n on an asset and on a portfolio 1.2.2. The opportunity set under risk and the efficient frontier 1.2.3. The optimum portfolio 1.3. The single-index model 1.4. Multi-index models 2. Models of equilibrium in Capital Markets 2.1. Capital asset pricing model (CAPM) 2.2. Arbitrage pricing theory (APT) 3. Efficiency in financial markets 3.1. Definition 3.2. Forms of e fficiency and empirical tests 4. Stocks 4.1. Instrument and market characterization 4.2. The valuation process 5. Bonds 5.1. Instrument and market characterization 5.2. The many definitions of rates 5.3. Term structures 5.4. Interest rate risk measures 5.5. Bond portfolio management 6. Options 6.1. Instrument and market characterization 6.2. Binomial and Black-Scholes models 6.4. Uses of options 7. Futures 7.1. Instrument and market characterization