The evaluation consists of an assignment to be delivered at the end of the semester, a simulation game and a final exam. The assignment and the simulation game should be done in groups of (maximum) four students. On the final exam the students will have access to a two pages sheet with some formulae.

The registration on the simulation game should be done in www.stocktrak.com . The negotiation period is from March 2 until May 22. During this period each group should invest at least 90% of its total wealth, do not invest more than 20% of its total wealth in a given security and do at least two transactions per week. The grade obtained on the simulation game is based on the Sharpe index on the last trading day.

The weights of each evaluation component are as follows:

· Group assignment ( 20%)

· Simulation Game ( 10%)

· Final exam ( 70%)

A minimum grade of 8 on the final exam is required to have the course approval