Vår 2021

BED-3042 Intermediate Finance - 10 stp

The course is administrated by

Handelshøgskolen ved UiT

Type of course

This course can be taken as a singular course. To be eligible for the singular course, the applicant must meet the admission requirements for the associated master's programme.

The course requires the presence on the campus that provides instruction in the subject. The course is not suitable for students who can not attend lessons, group work and the like

Course overlap

SOK-3060 Intermediate Finance 8 stp

Course contents

Portfolio theory, CAPM, index models and bond pricing.

Application deadline

Applicants from Nordic countries: June 1st for the autumn semester and December 1st for the spring semester. Exchange students: October 1st for the spring semester and April 15th for the autumn semester. Exchange students are students from academic institutions with which UiT The Arctic University of Norway have formal exchange agreements.

Objective of the course

After completing the course the students have obtained the following:

Knowledge

Have advanced understanding of the main elements of portfolio theory and in particular, mean-variance based models.
Have a deep understanding of the main linear asset pricing models and the theories explaining them.
Have a deep understanding of the limitation of these models.
Have an advance understanding of the main elements of bond pricing.

Skills

Be able to empirically apply portfolio theory models to real data.
Be able to empirically apply CAPM and index models to real data.
Be able to communicate and evaluate main issues concerning the variables affecting bonds.
Be able to identify an interesting research problem.

Competence

Have practical experience of the application of portfolio theory.
Have practical experience of the use of CAPM and Index models (mainly Excel).
Have a rigorous understanding of issues in connecting data, statistics with portfolio theory and asset pricing models.
Be able to understand the main elements for the pricing of bonds.

Language of instruction

English

Teaching methods

The course includes lectures and seminars. Both activities combine theory and practical exercises and they involve active participation of the students.

Assessment

Written exam lasting 4 hours, comprising 100% of the final course grade (A-F). To access the exam, two assignments have to be submitted and approved. Approved course work requirements are valid for a duration of four consecutive terms.

A re-sit exam will be arranged for this course.

Language of examination is English.

Date for examination

Take-home exam hand out date 10.05.2021 hand in date 10.05.2021

The date for the exam can be changed. The final date will be announced at your faculty early in May and early in November.