ME-431 Quantitative Methods in Finance
- Studiepoeng:
- 7.5
- Ansvarlig avdeling:
- Handelshøyskolen ved UiA
- Emneansvarlig:
- Trygve Kastberg Nilssen
- Undervisningssemester:
- Høst
- Undervisningsspråk:
- English.
- Varighet:
- 1 semester
Emnet er tilknyttet følgende studieprogram
- Økonomi og administrasjon - siviløkonom, masterprogram
- Økonomi og administrasjon - siviløkonom, 5-årig masterprogram
Undervisningsspråk
English.Anbefalte forkunnskaper
ME-201-1 Business analytics 2 (7.5 ECTS credits) or equivalent course
Innhold
The objective of this course is to endow the students with quantitative methods and programming tools required for financial economics. The students are going to learn how to apply the methods by working through practical examples drawn from and relevant for subsequent courses in the Analytical Finance specialization. After having learned matrix and linear algebra, the students are going to use this knowledge to solve optimization problems using the Lagrange multiplier and Kuhn-Tucker methods in the second part of the course.
Læringsutbytte
Upon successful completion of this course the student should be able to
-
safely apply appropriate methods and concepts such as R-programming, portfolio theory, expected utility theory and measuring risk attitudes, in order to solve decision problems under uncertainty demonstrate advanced knowledge of and be able to safely carry out matrix/vector algebra, including, but not limited to, matrix/vector multiplication, determinants of matrices, and definiteness of matrices
-
demonstrate solid understanding of calculus and linear algebra in general, which the students should also be able to safely apply to solve problems in economics and finance
-
in particular, safely solve optimization problems using the Lagrange multiplier and Kuhn-Tucker methods
Vilkår for å gå opp til eksamen
Approved mandatory assignments. More information will be given in Canvas at the start of the semester.
Undervisnings- og læringsformer
The course consists of lectures and group-work sessions. Estimated workload is about 200 hours.
Studentevaluering
End of course evaluation in accordance with the quality system for education, chapter 4.1.
Tilgang for privatister
Yes, if there are places available.
Eksamen
Individual written assignment (home examination) counts for 20 % and 3-hour written examination counts for 80 % of the final grade. Grading by letters.
Reduksjon i studiepoeng
Innholdet i dette emnet dekkes helt eller delvis av annet emne. Tas ett av disse emnene i tillegg, reduseres studiepoengene som følger:
| Emne | Studiepoengreduksjon |
|---|---|
| SE-412 – Quantitative Financial Economics | 7.5 |