Advanced Financial Theory

The overall aim of the course is to advance students understanding in financial theory, and to facilitate the application of financial theory to enable students to read and think critically and creatively about financial issues.

The course provides a thorough understanding of main advances in the central concepts of financial theory. The course is designed for those with demonstrated finance skills who wish to deepen their knowledge of finance and develop a specialization in one or more sub-disciplines of finance and financial data analytics.

The course also provides an appropriate foundation for students intending to proceed to the PhD program in Finance.

The course covers the following areas:

  • Divided Policy
  • Agency Theory and Corporate Governance
  • Capital Structure
  • Asset Pricing
  • Behavioral Finance



Teaching Format

The course consists of a combination of lectures, seminars and group work and requires a significant portion of self-study on the part of students.
Assessment for the course will be continuous and is carried throughout the different activities of the course. The language of instruction is English.


Assessment

Assessment for the course will be continuous and is carried throughout the different course activities. Each
assessment task is weighted in relation to its importance in the overall assessment of the course. The student’s results from the different assessment tasks are added up to a total course score that will then translate into the final grade for the course.

Assessment tasks
The course contains the following weighted assessment tasks:
1. Assignment: assesses intended learning outcome 1; constitutes 10% of total course points.
2. Written and oral peer reviews of another group's course essay; assess intended learning outcome 2;
constitute 10% of total course points.
3. Course essay: assesses intended learning outcome 3; constitutes 80% of total course points.
In order to obtain a passing grade on the course, the student must be examined on each learning outcome and thus needs to participate in all assessment tasks.


The schedule will be available no later than one month before the start of the course. We do not recommend print-outs as changes can occur. At the start of the course, your department will advise where you can find your schedule during the course.


Note that the course literature can be changed up to two months before the start of the course.

No special literature.

Course reports are displayed for the three most recent course instances.








Course coordinator: coursecoordinator@sbs.su.se
Head of course: Sara Jonsson