2014 Unit of Study
The session(s) below are for 2014. For Summer School 2014 unit of study availability please visit the Summer School website (main Summer session January/February 2014).
The University of Sydney session calendar shows exact dates for sessions.
|Advanced Asset Pricing|
|Prerequisites||FINC5001 or FINC5002 or FINC6000|
|Additional Information||Only students with strong quantitative/mathematical skills should attempt this course|
|Lectures||1x 3hr seminar per week|
|Assessment||2 x In class test (2x15%), assignment (20%), and final exam (50%)|
|Description||This unit covers the fundamentals of asset pricing and valuation, under equilibrium conditions and under no-arbitrage restrictions. The course will review the main themes in modern asset pricing, and introduce ideas of importance to the evolution of the discipline, and consequently of relevance to a practitioner\\\'s long term perspective. The course emphasises quantitative methods, so students are required to have fairly strong mathematical skills. Nevertheless, the mathematical tools needed in the course will be adequately reviewed.|