This class exists in these courses :
• Faculté de Gestion, Economie & Sciences - Masters - Master 1 Management des Banques et Institutions Financières - S1 - 5 ECTS

Prerequisites

Basic understanding of mathematics and statistics (standard deviation, covariance, linear regression, matrices).

Learning outcomes

Study portfolio options and the theory of financial markets, with emphasis placed on links between theory and applications know the basic principles of finance markets, understand the market and economic information and financial innovations.

Course description

Part 1: Actions
• Risk and performance indicators
• Attitude of investors toward risk
• Diversification and stock selection
• Market Model and Capital Market Line
• Equilibrium models of financial assets
• Share Valuation
• Efficient stock markets
• Portfolio Management Strategies
• The equity market in France
Part 2: Bonds
• The bond market in France
• Fixed income
Part 3: Options (treaty briefly; untreated in Master of Accounting Year 1)

Class type

Class structure

36 hours of lectures and 12 hours of tutoring

Teaching methods

Assessment

Recommended reading

• Claude BROQUET, Robert COBBAUT, Roland GILLET et André VAN DEN BERG : "Gestion de portefeuille" De Boeck - 4 e édition - 2004., Bertrand JACQUILLAT, Bruno SOLNIK et Christophe PERIGNON : "Marchés financiers: Gestion de portefeuille et des risques" - Dunod - 5 e édition – 2014, Robert GOFFIN : "Principes de finance moderne" - Economica - Gestion - 6 e édition - 2012., Richard BREALEY, Stewart MYERS et Franklin ALLEN, "Principles of Corporate Finance", McGraw-Hill - 11è édition - 2013., ELTON et GRUBEL, Modern portfolio: theory and investment analysis, Wiley, 9e édition, 2014, Jacques HAMON : "Bourse et Gestion de portefeuille", Economica, 5e édition, 2014, Jonathan BERK et Peter DeMARZO, "Corporate Finance", Pearson Education - 4e édition, 2017, Jérémy MORVAN : Marchés et instruments financiers, Dunod, 3e édition, 2017

Internet resources

• www.euronext.com

  www.vernimmen.net