Instructor: Thierry Warin
Course detail : course code
Date: Winter 2022

Description

In this course, we will study a thorough introduction to finance. We will start with some concepts of corporate finance, we will then study market finance. We will present the principles of portfolio optimization, the benefits of diversification, the Markowitz frontier, and the improvements coming from Sharpe and the subsequent models. After this in-depth perspective, we will present derivatives and other structured financial products. We will introduce the principles of option pricing. We will study the assumptions behind the models, and will also learn what the weaknesses maybe. We will discuss possible answers as well as the future of finance in emerging markets.

Objectives

Pedagogic Approche

Topics

See the “syllabus” menu for further details.

session 1. Introduction to finance and basic financial calculations [Click here]

session 2. Calculating the cost of capital and Financial statement modeling [Click here]

session 3. Portfolio models : introduction [Click here]

session 4. Calculating efficient portfolios [Click here]

session 5. Calculating the Variance-Covariance matrix [Click here]

session 6. Estimating betas and the security market line and Efficient portfolios [Click here]

session 7. Event studies [Click here]

session 8. Value at Risk [Click here]

session 9. An introduction to options [Click here]

session 10. The binomial option-pricing model [Click here]

session 11. The Black-Scholes model [Click here]

session 12. Option Greeks [Click here]

session 13. Make-up class [Click here]

Calendar

Session 1	Session 2	Session 3	Session 4	Session 5	Session 6
Thursday, September 9	Thursday, September 23	Thursday, October 7	Thursday, October 28	Thursday, November 11	Thursday, November 25
3:30 PM - 5:00 PM	3:30 PM - 5:00 PM	3:30 PM - 5:00 PM	3:30 PM - 5:00 PM	3:30 PM - 5:00 PM	3:30 PM - 5:00 PM

Session 7	Session 8	Session 9	Session 10	Session 11	Session 12
Thursday, September 9	Thursday, September 23	Thursday, October 7	Thursday, October 28	Thursday, November 11	Thursday, November 25
3:30 PM - 5:00 PM	3:30 PM - 5:00 PM	3:30 PM - 5:00 PM	3:30 PM - 5:00 PM	3:30 PM - 5:00 PM	3:30 PM - 5:00 PM

Pedagogic Material

Community values and Honor Code

In this course, you will have access to some of the tools we use on our data science platform in our lab http://lab.warin.com. The use of these tools requires adherence to our Honour Code. This comes on top of the school’s regulations [here]

Community Values

It is essential to foster a supportive (e-)learning environment.

In our lab, we believe it is essential that all participants embody and uphold our community values in order to foster a supportive online learning environment where individuals can have open discussion, reflect on their thinking and learn from each other.

Our laboratory’s Honour Code

A code of honour, ethics and respect.

Our Honour Code complements the Community Values Statement and reflects the commitment of participants as members of the learning community to participate in, foster and sustain the learning model of our laboratory.