{"id":null,"code":"721383S","name":{"valueFi":"Asset Pricing","valueEn":"Asset Pricing","valueSv":""},"credits":6.0,"minCredits":6,"maxCredits":6,"tags":[],"createdAt":1790533341496,"contentList":[{"title":{"valueFi":"Osaamistavoitteet","valueEn":"Learning outcomes","valueSv":""},"content":{"valueFi":"Upon completion of the course, the student understands:\r\n- the foundations of asset pricing theory\r\n- the most important asset pricing models\r\n- the basics of empirical tests of asset pricing models\r\n- the stylized facts about stock returns.\r\n\r\nGeneric skills:\r\n- is able to apply analytical and critical thinking skills in a manner appropriate to their discipline, considering the interfaces between fields and new knowledge\r\n- is able to analyse arguments and argue appropriately\r\n- is able to apply the methods of their own discipline and recognise the strengths and limitations of methods in other disciplines\r\n- is able to communicate as an expert in a way suitable for the target audience, also in a foreign language, and to build professional networks","valueEn":"Upon completion of the course, the student understands:\r\n- the foundations of asset pricing theory\r\n- the most important asset pricing models\r\n- the basics of empirical tests of asset pricing models\r\n- the stylized facts about stock returns.","valueSv":""}},{"title":{"valueFi":"Sisältö","valueEn":"Content","valueSv":""},"content":{"valueFi":"Utility theory and risk aversion, Capital Asset Pricing Model (CAPM) and its drawbacks, state pricing, Arbitrage Pricing Theory (APT), stochastic discount factor, consumption-based asset pricing model, regression-based tests of linear factor models, portfolio sorts, anomalies, the cross-section of stock returns, time-series predictability of stock returns.","valueEn":"Utility theory and risk aversion, Capital Asset Pricing Model (CAPM) and its drawbacks, state pricing, Arbitrage Pricing Theory (APT), stochastic discount factor, consumption-based asset pricing model, regression-based tests of linear factor models, portfolio sorts, anomalies, the cross-section of stock returns, time-series predictability of stock returns.","valueSv":""}},{"title":{"valueFi":"Suoritustavat","valueEn":"Study Methods","valueSv":""},"content":{"valueFi":"Learning assignments, group project and presentation, and final exam.","valueEn":"Learning assignments, group project and presentation, and final exam.","valueSv":""}},{"title":{"valueFi":"Toteutustavat","valueEn":"Teaching Methods","valueSv":""},"content":{"valueFi":"Face-to-face lectures and group project presentations, 36 hours. Independent learning, including conducting learning assignments, 124 hours. Detailed course information is provided in Moodle during the course.","valueEn":"Face-to-face lectures and group project presentations, 36 hours. Independent learning, including conducting learning assignments, 124 hours. Detailed course information is provided in Moodle during the course.","valueSv":""}},{"title":{"valueFi":"Oppimateriaalit","valueEn":"Learning material","valueSv":""},"content":{"valueFi":"","valueEn":"","valueSv":""}},{"title":{"valueFi":"Lisätiedot","valueEn":"Further information","valueSv":""},"content":{"valueFi":"","valueEn":"","valueSv":""}},{"title":{"valueFi":"Kurssikirjallisuus","valueEn":"Literature","valueSv":""},"content":{"valueFi":"1. Bodie, Z., Kane, A. and Marcus, A.J., 2014. Investments, 10th global edition, McGraw-Hill. (https://oula.finna.fi/Record/oy.9912380733906252) \n2. Cochrane, John H., 2005, Asset pricing. (https://oula.finna.fi/oamk/Record/oy.998758573906252) ","valueEn":"1. Bodie, Z., Kane, A. and Marcus, A.J., 2014. Investments, 10th global edition, McGraw-Hill. (https://oula.finna.fi/Record/oy.9912380733906252) \n2. Cochrane, John H., 2005, Asset pricing. (https://oula.finna.fi/oamk/Record/oy.998758573906252) ","valueSv":"1. Bodie, Z., Kane, A. and Marcus, A.J., 2014. Investments, 10th global edition, McGraw-Hill. (https://oula.finna.fi/Record/oy.9912380733906252) \n2. Cochrane, John H., 2005, Asset pricing. (https://oula.finna.fi/oamk/Record/oy.998758573906252) "}},{"title":{"valueFi":"Esitietovaatimukset","valueEn":"Qualifications","valueSv":""},"content":{"valueFi":"721957S Fundamentals of Finance (required); 721066S Principles of Econometrics (recommended)","valueEn":"721957S Fundamentals of Finance (required); 721066S Principles of Econometrics (recommended)","valueSv":""}},{"title":{"valueFi":"Arviointiasteikko","valueEn":"Assessment scale","valueSv":""},"content":{"valueFi":"1-5/HYL","valueEn":"1-5/FAIL","valueSv":"1-5/FAIL"}},{"title":{"valueFi":"Arviointikriteerit","valueEn":"Assessment criteria","valueSv":""},"content":{"valueFi":"Conducting learning assignments and group project successfully and passing the final exam are required to pass the course; More detailed evaluation criteria are provided in Moodle.","valueEn":"Conducting learning assignments and group project successfully and passing the final exam are required to pass the course; More detailed evaluation criteria are provided in Moodle.","valueSv":""}},{"title":{"valueFi":"Arviointikriteerit 2","valueEn":"Evaluation criteria 2","valueSv":""},"content":{"valueFi":"","valueEn":"","valueSv":""}},{"title":{"valueFi":"Arviointikriteerit 3","valueEn":"Evaluation criteria 3","valueSv":""},"content":{"valueFi":"","valueEn":"","valueSv":""}},{"title":{"valueFi":"Arviointikriteerit 4","valueEn":"Evaluation criteria 4","valueSv":""},"content":{"valueFi":"","valueEn":"","valueSv":""}},{"title":{"valueFi":"Pääasiallinen opetuskieli","valueEn":"Primary Teaching Language","valueSv":""},"content":{"valueFi":"englanti","valueEn":"English","valueSv":"engelska"}},{"title":{"valueFi":"Taso","valueEn":"Level","valueSv":""},"content":{"valueFi":"Syventävät opinnot","valueEn":"Advanced Studies","valueSv":"Syventävät opinnot"}},{"title":{"valueFi":"Oppiaine","valueEn":"Subject","valueSv":""},"content":{"valueFi":"Rahoitus","valueEn":"Finance","valueSv":""}},{"title":{"valueFi":"Vastuuhenkilöt","valueEn":"Person in charge","valueSv":""},"content":{"valueFi":"Elias Oikarinen","valueEn":"Elias Oikarinen","valueSv":"Elias Oikarinen"}},{"title":{"valueFi":"Luokittelu","valueEn":"Classification","valueSv":""},"content":{"valueFi":"","valueEn":"","valueSv":""}},{"title":{"valueFi":"Linkit","valueEn":"Links","valueSv":""},"content":{"valueFi":"","valueEn":"","valueSv":""}}]}