8th Semester
Portfolio Management
At A Glance
Course Code
ΧΡΧΡΗ21
Course Type
General Background
Teaching Language
Greek
Is the course offered to Erasmus Students?
Yes (in Greek)
Teaching 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
Independent Teaching Activities
Type
Lectures
Weekly Teaching Hours
4
ECTS Credits
7,5
External Links
Student Performance Evaluation
Greek, 100% Final Exam
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
Syllabus
- Portfolio Analysis II
- Market model
- Asset Pricing Models
- Efficient Market Hypothesis
- Stochastic Dominance
- Risk Premia and Utility functions
Bibliography
Lecture Notes
- 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.
Undergraduate Courses
1st Semester
2nd Semester
3rd Semester
4th Semester
7th Semester
Winter Elective
Spring Elective
