Skip to main content

ISLA IPGT 3515

Financial Investments and Markets

Finance and Taxation
  • ApresentaçãoPresentation
    The CU of Financial Investment and Markets aims to provide students with knowledge that allows students to know and understand the functioning and usefulness of different financial markets. In addition to covering introductory and transversal aspects of all financial markets, the functioning of the money market and the capital market is studied in some depth. The CU ends by addressing the most recent trends in financial markets, namely their digitalization, socially responsible investments and, finally, alternative investments such as cryptoassets, tokens, etc.
  • ProgramaProgramme
    1. Markets and financial assets 1.1. The segmentation and functions of financial markets 1.2. Functioning of financial markets 1.3. Financial assets traded 2. Portfolio theory and equilibrium models 2.1. The return-risk relationship 2.2. The constitution of financial asset portfolios and the risk diversification 2.3. Capital Asset Pricing Model 2.4. Other models 3. The Efficiency of Financial Markets 3.1. Market efficiency concepts 3.2. Tests of market efficiency and anomalies 3.3. Behavioural finance 4. The money market 4.1. Public debt market 4.2. Interbank market 4.3. The formation of short-term interest rates 5. The capital market 5.1. The fixed income market 5.2. The equity market 6. Current trends in financial markets 6.1. The digitization of financial markets 6.2. Socially responsible investments 6.3. Alternative investments
  • ObjectivosObjectives
    The objectives of this course are: (1) Understand the functioning and organization of financial markets; (2) Perceiving the relationship between the return and risk of a financial asset; (3) Identify the risk factors of a financial investment; (4) Understand the different concepts of market efficiency; (5) Understand the differences between investments in the money market and in the capital market; and (6) Identify new trends in financial markets. At the end of the course unit, the student should be able to: (1) Trading financial assets in the different segments of the financial markets; (2) Estimate the expected return of a financial asset in terms of its risk; (3) Test the efficiency of a financial market; (4) Determining the fair price to pay for a bond or stock; (5) Identify the determinants of short- and long-term interest rates; and 6) Critically discuss the new trends in financial markets.
  • BibliografiaBibliography
    Bodie, Z., Kane, A. & Marcus, A. J. (2021). Investments. 12th ed. New York: McGraw-Hill Education. Edwin J. E., Martin J. G., Stephen J. B., William N. G. (2014). Modern Portfolio Theory and Investment Analysis, 9th ed. New York: Wiley Custom, Inc.
  • MetodologiaMethodology
    The teaching-learning process will be based on lecturing of practical classes. Expositive, interrogative and active methods will be used. Student-centered learning pedagogies will be used by the teacher. Class organization in groups for the resolution and presentation of several case studies.
  • LínguaLanguage
    Português
  • TipoType
    Semestral
  • ECTS
    6
  • NaturezaNature
    Mandatory
  • EstágioInternship
    Não
  • AvaliaçãoEvaluation

    Teste de avaliação final (100%).