MSc in Economics and Business Administration - Finance and Investments

You will be trained in analysing stocks, bonds, and derivative securities using prevalent models for pricing and risk management. Investors form portfolios of different securities, and you will learn analytical tools for selecting portfolios optimally. The risk-return trade-off is essential to investments, and modern finance focuses on identifying relevant risk measures and the risk premia investors can obtain by exposing themselves to the various sources of risk. You will see theoretical models of the risk-return trade-off, but also empirical studies of the observed risk-return relation.

You will obtain a solid knowledge of the different players in financial markets. Companies use financial markets for raising capital, for short-term liquidity and risk management, and as a source of information for internal decisions related to capital budgeting and corporate governance. Households interact with financial markets when saving and investing for retirement or other purposes and when taking mortgages and other loans. Banks and other financial institutions act as intermediaries facilitating transactions and the efficient allocation of capital among corporations and households, but they also act in their own behalf as large profit-seeking and risk-taking market players and are therefore heavily regulated by society. You will learn about the financial decisions of companies, households, and financial institutions and the influence these decisions have on financial markets.