Courses Bachelor Display 2022-2023
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| Course title | Financial Markets | |||||||||||||||||||||||||||||||||||||||
| Course code | BENC2022 | |||||||||||||||||||||||||||||||||||||||
| ECTS credits | 5,0 | |||||||||||||||||||||||||||||||||||||||
| Assessment | Whole/Half Grades | |||||||||||||||||||||||||||||||||||||||
| Period |
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| Level | no level | |||||||||||||||||||||||||||||||||||||||
| Coordinator |
Peiran Jiao For more information: p.jiao@maastrichtuniversity.nl |
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| Language of instruction | English | |||||||||||||||||||||||||||||||||||||||
| Goals |
* Understand what finance theory says about how risky securities are priced in equilibrium.
* Understand what finance theory has to say about the mix between debt and equity finance for a firm. * Understand the implications of the previously mentioned points for risky investment valuation. * Understand dividends: Why do firms pay dividends? Do investors demand dividends? Should dividends matter for the firm or the investor? * Learn about derivatives and their use as risk management tools by firms and investors |
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| Description |
PLEASE NOTE THAT THE INFORMATION ABOUT THE TEACHING AND ASSESSMENT METHOD(S) USED IN THIS COURSE IS WITH RESERVATION. A RE-EMERGENCE OF THE CORONAVIRUS AND NEW COUNTERMEASURES BY THE DUTCH GOVERNMENT MIGHT FORCE COORDINATORS TO CHANGE THE TEACHING AND ASSESSMENT METHODS USED. THE MOST UP-TO-DATE INFORMATION ABOUT THE TEACHING/ASSESSMENT METHOD(S) WILL BE AVAILABLE IN THE COURSE SYLLABUS.
The course deals with basic issues in finance, such as risk diversification and asset pricing, capital structure, investment valuation, market efficiency, dividend policy and the use of derivatives. |
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| Literature |
Berk & De Marzo, Corporate Finance, Pearson
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| Prerequisites |
BENC2004 Corporate Finance and Investment
Students are expected to understand the following finance concepts: Types of securities (stocks, bonds) and their returns; the concept of risk diversification and efficient frontiers, principles of time value of money. Exchange students need to have taken at least one introductory finance course. An advanced level of English |
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| Keywords |
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| Teaching methods (indicative; course manual is definitive) | ||||||||||||||||||||||||||||||||||||||||
| Assessment methods (indicative; course manual is definitive) | Final Paper / Participation / Written Exam | |||||||||||||||||||||||||||||||||||||||
| Evaluation in previous academic year | For the complete evaluation of this course please click "here" | |||||||||||||||||||||||||||||||||||||||
| This course belongs to the following programmes / specialisations |
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