Institut für Finance und Banking

This course presents and analyses financial options, such as European options and American options. Students will learn how to price options using the binomial option pricing technique as well as the Black-Scholes option pricing formula. Risk-neutral probabilities will be introduced. This course also discusses risks related to commodity prices, exchange rates as well as interest rates, and studies how to manage/hedge such risks. The efficient portfolio choice problem and the Capital Asset Pricing Model will be recapped at the beginning of the course.

All lectures and tutorials are recorded and uploaded to LMUcast. You can access the course material here.

This course presents and analyses financial options, such as European options and American options. Students will learn how to price options using the binomial option pricing technique as well as the Black-Scholes option pricing formula. Risk-neutral probabilities will be introduced. This course also discusses risks related to commodity prices, exchange rates as well as interest rates, and studies how to manage/hedge such risks. The efficient portfolio choice problem and the Capital Asset Pricing Model will be recapped at the beginning of the course.

All lectures and tutorials will be recorded (live) and uploaded to LMUcast.

Lecture (Martin Reinke):

• Tuesday, 4:00 -6:00 pm (c.t.), online via Zoom
  

Tutorial (Mareike Worch):

• There will be 3 tutorials during the semester. The tutorials will replace a lecture in the specific week.

The course „Commercial Banking“ provides students with an overview about the German and international banking sector, the corresponding institutional design as well as fundamental theoretical approaches and related empirical evidence. Core questions are: What is special about banks? Why and how should banks be regulated? How can banks measure and manage (credit) risk?

Lecture (Prof. Elsas):

1. 27.11.2019, 14:00-20:00, Luisenstr. 37 (C) - C 006
2. 05.12.2019, 14:00-20:00, Geschw.-Scholl-Pl. 1 (M) M014
3. 11.12.2019, 14:00-20:00, Luisenstr. 37 (C) - C 006
4. 19.12.2019, 14:00-20:00, Geschw.-Scholl-Pl. 1 (B) B006

1. 06.12.19, 14:00-20:00, Prof.-Huber-Pl. 2 (W), Lehrturm W 101
   
2. 20.12.19, 14:00-20:00, Prof.-Huber-Pl. 2 (W), Lehrturm W 101
   
3. 10.01.20, 08:00-14:00, Geschw.-Scholl-Pl. 1 (A) A 120
   
4. 17.01.20, 08:00-14:00, Geschw.-Scholl-Pl. 1 (A) A 120

Examination:

Students will take a 120-minutes written examination on February 13, 2020, 18:00 - 20:00,  in B 101, Geschwister-Scholl-Platz 1.

Lecturer: Leo Schwarze

Language: English

Credits: 6 ECTS

Cycle: Every semester

Topic:

Die Studierenden sollen ein Grundverständnis in den Bereichen Investitionsentscheidungen von Unternehmen, Finanzierungsentscheidungen von Unternehmen sowie Kapitalmärkte erlangen. Sie sollen die wichtigsten Fragestellungen, Methoden und Theorien im Bereich Corporate Finance und Kapitalmärkte kennenlernen, einordnen und sie auch anwenden können. Die Vorlesung soll einen Überblick geben und Interesse an diesem Themengebiet wecken.

Vorlesung (Prof. Elsas):

• Dienstags von 12:00 -14:00 Uhr (c.t.) im Audimax
  

Zusatzübung (Martin Reinke):

• Donnerstags von 18:00 -20:00 Uhr (c.t.) im Audimax
  

Studentische Tutorien:

• Wöchentlich zu unterschiedlichen Zeitpunkten
  

Wir stellen Ihnen detaillierte Aufgabenblätter und Vorlesungsunterlagen auf Moodle bereit. Fragen zu den Aufgaben können einerseits über die Moodle-Plattform, bei Bedarf aber auch via Email an kontakt.iuf@bwl.lmu.de gestellt werden.