COURSE OUTLINE
Portfolio Management
1. General
School
School of Finance and Statistics
Academic Unit
Department of Banking and Financial Management
Level of Studies
Undergraduate
Course code
ΧΡΧΡΗ21
Semester
8th
Course Title
Portfolio Management
Idependent Teaching Activities
Weekly Teaching Hours
Credits
Lectures
4
7,5
Course Type
General Background
Prerequite Courses
Language of Instruction and Examinations
Greek
Is the course offered to Erasmus Students?
Yes (in Greek)
Url (Eclass)
https://eclass.unipi.gr/modules/auth/courses.php?fc=64
2. Learning Outcomes
Learning Outcomes
At the successful completion of this course, the students will be able to:
- Evaluate stocks and portfolios of stocks
- Calculate the risk of stocks and portfolios of stocks
- Calculate minimum risk portfolios
- Understand the concept of “stochastic dominance” of a portfolio Understanding the concept of “risk premium”
General Competences
- Analyze and evaluate stocks
- Analyze stock portfolios
- Be able to calculate the risks of stocks and stock portfolios
- Know how to select portfolios with minimum risk
- Apply the theoretical concept of Stochastic Dominance of a portfolio
- Apply the notion of risk premium in Asset Pricing
3. Syllabus
- Portfolio Analysis II
- Market model
- Asset Pricing Models
- Efficient Market Hypothesis
- Stochastic Dominance
- Risk Premia and Utility functions
4. Teaching and Learning Methods - Evaluation
Delivery
Face to Face
Use of Information and Communications Technology
Use the internet to find relationships and phenomena related to the subject of the course
Teaching Methods
Activity
Semester Workload
Lectures
52
Independent Study
135,5
Course Total
187,5
Student Performance Evaluation
Greek, 100% Final Exam
5. Attached Bibliography
Suggested Bibliography
Lecture Notes
Related Academic Journals
- Basu, S. (1977) Investment performance of common stocks in relation to their price earnings ratios: A test for market efficiency, Journal of Finance, 32, 663-682.
- Black, F., M.C. Jensen and M. Scholes, 1972, The capital asset pricing model: Some empirical tests, in: M. Jensen, ed., Studies in the theory of capital markets, (Praeger Publishers, Inc., New York), 79-121.
- Blume, M.E. and I. Friend, 1973, A new look at the capital asset pricing model, Journal of Finance, 28, 19-33.
- Diacogiannis G. (1986) Arbitrage Pricing Model: A Critical Examination of its Empirical Applicability for the London Stock Exchange, Journal of Business Finance and Accounting, 13, 489-504.
- Fama, E. F. and MacBeth (1973) Risk, Return and Equilibrium: Empirical Tests, Journal of Political Economy 81: 607–636.