▶Japanese
Post to SNS
- Home
- > School of Environment and Society
- > Graduate major in Technology and Innovation Management
- > Investments in securities I
- School of Science
-
School of Engineering
- Undergraduate major in Mechanical Engineering
- Undergraduate major in Systems and Control Engineering
- Undergraduate major in Electrical and Electronic Engineering
- Undergraduate major in Information and Communications Engineering
- Undergraduate major in Industrial Engineering and Economics
- Common courses
- School of Materials and Chemical Technology
- School of Computing
- School of Life Science and Technology
- School of Environment and Society
- 工学院，物質理工学院，環境・社会理工学院共通科目
- Liberal arts and basic science courses
- First-Year Courses
- School of Science
- School of Engineering
- School of Materials and Chemical Technology
- School of Computing
- School of Life Science and Technology
-
School of Environment and Society
- Department of Architecture and Building Engineering
- Department of Civil and Environmental Engineering
- Department of Transdisciplinary Science and Engineering
- Department of Social and Human Sciences
- Department of Innovation Science
- Graduate major in Technology and Innovation Management
- Common courses
- Liberal arts and basic science courses
- Academic unit or major
- Graduate major in Technology and Innovation Management
- Instructor(s)
- Doi Kazuto Nakamaru Mayuko
- Class Format
- Lecture (Livestream)
- Media-enhanced courses
- Day/Period(Room No.)
- Tue11-12()
- Group
- -
- Course number
- TIM.A536
- Credits
- 1
- Academic year
- 2023
- Offered quarter
- 3Q
- Syllabus updated
- 2023/4/5
- Lecture notes updated
- -
- Language used
- Japanese
- Access Index
-
Course description and aims
This course covers securities investment theory, one of the two pillars of finance in Western business schools as well as corporate finance theory (Corporate Finance). In particular, “Investments in securities I” focuses on the theory of financial structures, the concept of risk and asset pricing (especially for risky assets), and asset valuation models for assessing risk premiums.
The aim of this course is to deepen students' understanding of the fundamentals of the concept of securities investment as well as financial and securities markets, and to develop students' ability to think for themselves about the nature of real financial market movements and events by learning standard contemporary investment theories.
Student learning outcomes
Students will learn the following skills from taking this course.
1) Be able to explain about financial system such as financial transactions, banking system, monetary policy and structure of
security markets
2) Be able to explain basic theory of asset valuation and models
3) Be able to explain how to evaluate risk premium
4) Be able to consider the nature behind price movements and events in the financial markets by themselves
Course taught by instructors with work experience
| ✔ Applicable | How instructors' work experience benefits the course |
|---|---|
| An instructor with work experiences in the asset management industry will provide hands-on education in finance theory, based on practice in the field that features the practical application of the theories. |
Keywords
Financial system,Asymmetric information, Portfolio, Risk, Risk Premium, Diversification, Beta, Arbitrage, Efficient Market Hypothesis
Competencies that will be developed
| ✔ Specialist skills | ✔ Intercultural skills | Communication skills | Critical thinking skills | ✔ Practical and/or problem-solving skills |
Class flow
Lecture style with some class interactions with quiz and financial news. Students are encouraged to participate actively. Welcome questions in class
Course schedule/Required learning
| Course schedule | Required learning | |
|---|---|---|
| Class 1 | Financial system | To understand financial system |
| Class 2 | Risk, investors’ preference, asset pricing | To understand risk, expected utility, and evaluation of (risky) assets |
| Class 3 | Basic mathematics and statistics | To understand basic mathematics and statistics for investments |
| Class 4 | Portfolio theory | To understand portfolio theory by Markowitz |
| Class 5 | The Capital Asset Pricing Model | To understand CAPM |
| Class 6 | Multi-factor models and Arbitrage pricing theory | To understand arbitrage pricing theory |
| Class 7 | Stock valuation | To understand how to increase equity value based on DDM |
Out-of-Class Study Time (Preparation and Review)
To enhance effective learning, students are encouraged to spend approximately 100 minutes preparing for class and another 100 minutes reviewing class content afterwards (including assignments) for each class.
They should do so by referring to textbooks and other course material.
Textbook(s)
No text book is set.
Reference books, course materials, etc.
Shin-Shouken Touhiron I/ Takao Kobayashi and Toshio Serizawa
Shin-Shouken Touhiron II/ Keisuke Ito et al.
Financial Economics / Yukio Noguchi and Mariko Fujii
Introduction to Contemporary Finance
Assessment criteria and methods
Report and quiz: 100% Active class participation can be plus
Related courses
- TIM.A537 ： Investments in securities II
- TIM.A534 ： Corporate Finance I
- TIM.A535 ： Corporate Finance II
Prerequisites (i.e., required knowledge, skills, courses, etc.)
"Investments in securities I " should be followed by "Investments in securities II".
Students are encouraged to take both "Investments in securities I" and "Investments in securities II".
Contact information (e-mail and phone) Notice : Please replace from "[at]" to "@"(half-width character).
83nsoundbeach[at]gmail.com
