Course Description

This course provides an in-depth exploration of financial securities, portfolio theory, asset pricing models and business assessment. Students will gain both theoretical knowledge and practical skills through case studies and quantitative analysis, with a strong focus on investment evaluation, risk-return optimization, and corporate value assessment. The modules key contents are reported below: Financial Securities: - Fixed Income Securities. Bond Mathematics and Characteristics, - Equity Securities. Present Value of Growth Opportunities (PVGO), EPS. Valuing a Business by Discounted Cash Flow. Portfolio theory: - Risk and Return. Diversification, - Tobin Model, - Markowitz Model. Asset Pricing Model - CAPM, - APT, - Three factors model.