Financial Economics
BASIC DATA
course listing
A - main register
course code
MEC9050
course title in Estonian
Finantsökonoomika
course title in English
Financial Economics
course volume CP
-
ECTS credits
6.00
to be declared
yes
assessment form
Examination
teaching semester
autumn
language of instruction
Estonian
English
Study programmes that contain the course
code of the study programme version
course compulsory
yes
Structural units teaching the course
ME - Department of Economics and Finance
Timetable link
Version:
VERSION SPECIFIC DATA
course aims in Estonian
Luua tingimused rahanduse teooriate süvendatud tundma õppimiseks; arendada oskusi rahanduse valdkonnaga seotud uurimisprobleemide empiiriliseks lahendamiseks
course aims in English
To create conditions for obtaining thorough understanding on theories of finance; develop skills for solving empirical research questions in finance
learning outcomes in the course in Est.
1. Omab põhjalikku ülevaadet rahanduse klassikalistest ja kaasaegsetest teooriatest;
2. Mõistab rahanduse valdkonna empiiriliste probeemide lahendamisega seotud väljakutseid:
3. Oskab valida rahanduse uurimisküsimuste lahendamiseks sobivaid meetodeid.
2. Mõistab rahanduse valdkonna empiiriliste probeemide lahendamisega seotud väljakutseid:
3. Oskab valida rahanduse uurimisküsimuste lahendamiseks sobivaid meetodeid.
learning outcomes in the course in Eng.
1. Has thorough understanding of classical and modern theories of finance;
2. Understands the chalenges in solving the empirical problems in finance;
3. Is able to choose appropriate methods for solving research questions in finance.
2. Understands the chalenges in solving the empirical problems in finance;
3. Is able to choose appropriate methods for solving research questions in finance.
brief description of the course in Estonian
Oodatava kasulikkuse teooria ning investeerimisotsustused. Risk ja tulumäär. Portfelliteooria. Kapitali hinna mudel. Arbitraažhinnateooria ja mitmefaktorilised kapitali hinna mudelid. Tuletisväärtpaberid. Optsioonide, futuuride ja forvardide hindamine ja swap-tehingud. Reaaloptsioonid. Kapitali struktuur ja dividendipoliitika. Äriühingute valitsemine. Äriühingute restruktureerimine. Käitumislik rahandus.
brief description of the course in English
Expected utility and investment decisions. Risk and rate of return. Portfolio theory. Capital asset pricing theory. Arbitrage pricing theory. Multifactor models. Capital market efficiency. Derivative securities. Options, forwards and futures. Swaps. Real options. Capital structure and dividend policy. Corporate governance. Corporate restructuring. Behavioural finance.
type of assessment in Estonian
H(hinne)=0,4U+0,6E, kus U on ülevaateartikkel ja E on eksam.
type of assessment in English
M(mark)=0.4RP+0.6E, where RP is review paper and E is examination.
independent study in Estonian
Õppematerjalide läbitöötamine, kodutööde lahendamine
independent study in English
Working with study materials, solving home assignments
study literature
Ross, S. A., Westerfield, R. W., Jaffe; Fundamentals of Corporate Finance. 10th.ed. 2013 Clayman, M.R.; Fridson, M.S.; Troughton, G.H. "Corporate finance : a practical approach", 2nd ed CFA Institute investment series, 2012.
study forms and load
daytime study: weekly hours
3.0
session-based study work load (in a semester):
lectures
1.5
lectures
-
practices
0.0
practices
-
exercises
1.5
exercises
-
lecturer in charge
-
LECTURER SYLLABUS INFO
semester of studies
teaching lecturer / unit
language of instruction
Extended syllabus
2024/2025 spring