Foundations of Finance, Group A-C1
Course code
FIN201
Course type
BSc Course
Weekly Hours
2,0
ECTS
3.0
Term
FS 2019
Language
Englisch
Lecturers
Prof. Dr. Markus Rudolf
Please note that exchange students obtain a higher number of credits in the BSc-program at WHU than listed here. For further information please contact directly the International Relations Office.
Course content
This course covers the foundations of financial decision making. It focuses on investment decisions first under certainty and subsequently under uncertainty. It presents solutions to the optimal combination of risky assets in a portfolio and the determination of the market price of risk. Moreover, it provides an introduction to currencies and derivatives as well as behavioral finance.
- Part I: Value
- Part II: Bonds
- Part III: Neoclassical Finance
- Part IV: Derivatives and Currencies
- Part V: Behavioral Finance
Class dates
| Date | Time |
|---|---|
| Tuesday, 05.02.2019 | 08:00 - 09:30 |
| Wednesday, 06.02.2019 | 08:00 - 09:30 |
| Thursday, 07.02.2019 | 08:00 - 11:15 |
| Monday, 18.02.2019 | 13:45 - 17:00 |
| Tuesday, 19.02.2019 | 08:00 - 09:30 |
| Tuesday, 19.02.2019 | 13:45 - 17:00 |
| Wednesday, 20.02.2019 | 08:00 - 09:30 |
| Thursday, 21.02.2019 | 08:00 - 11:15 |
| Friday, 05.04.2019 | 15:30 - 17:00 |
Learning outcomes
Investments under certainty and uncertainty, portfolio theory, Capital Asset Pricing Model (CAPM), currencies and derivatives, behavioral finance
Literature
Brealey, Richard A., Stewart C. Myers and Franklin Allen (2016): "Principles of Corporate Finance", Irwin McGraw-Hill, 12th editionBodie, Zvi , Alex Kane and Allen J. Marcus (2014): "Investments and Portfolio Management", Irwin McGraw-Hill, 10th editionThaler, Richard H. (1999): "Mental Accounting Matters", Journal of Behavioral Decision Making, Vol. 12. pp.183-206Secondary literature:Copeland, Thomas E., J. Fred Weston and Kuldeep Shastri (2004): "Financial Theory and Corporate Policy", Addison Wesley Publishing Company, 4th edition
Learningmethods
Lectures with case studies
Exam
Written exam
Requirements
Keine