Finance I – Financial Economics and Applied Quantitative Finance
The course provides the basic concepts of classical as well as modern approaches in financial theory and its implication to the private sector. The first module focuses on international financial markets and their implications for firms and economies, while the second module applies the theoretical frameworks for pricing assets in financial engineering and discusses problems faced in practice and evidence from the academic literature.
Students learn the ability to discuss and derive theoretical models. The interpretation of empirical results is trained and the current stand of the academic literature in the field of asset pricing assessed. Controversial findings within the literature are evaluated.