The main objective of the course is to provide deeper understanding of various advanced topics in asset pricing and corporate finance. Most of these topics will be theoretical in nature, but some relevant empirical analyses will also be discussed. Some of the major issues that will be covered include utility specifications, analysis of optimal portfolio/consumption choices under uncertainty, multifactor models, and other asset pricing models. We will also look more in depth into corporate finance theory, especially capital market efficiency, agency theory, and capital structure. Some special topics related to option pricing, credit risk, political uncertainty, and new financial technologies can also be discussed.
- Teacher: Gonul Colak
- Teacher: Ville Savolainen