Advanced Studies in Finance and Investment

DBA

The major objective of this course is to develop an understanding and appreciation of Finance theories as they apply to corporate financial decisions and to understand the implications for problem solving. As a result of this course, students should be able to: 1. Extend their knowledge of finance to the areas of investments, asset pricing and related research methods, 2. Direct their effort to publish in a refereed journal. 3. Gain an understanding of the classic work in each subject area, as well as some of the most recent advances in corporate finance.

To be determined by the lecturer at the beginning of the course.

content serial	Description
1	1.Returns are predictable over time; predictability and volatility; present value models. 2.The cross section of stock returns; from CAPM to value, size, momentum and anomalies. 3.Additional variables in the time-series and cross-section.
2	4.Asset pricing theory. 5.Asset Pricing Empirical Methods
3	6.Hedge funds 7.Liquidity, short sales constraints, downward sloping "demand" curves.
4	8.Price pressure and trading 9.Financial crisis
5	10.Term structure 11.Portfolio theory and practice
1	1.Returns are predictable over time; predictability and volatility; present value models. 2.The cross section of stock returns; from CAPM to value, size, momentum and anomalies. 3.Additional variables in the time-series and cross-section.
2	4.Asset pricing theory. 5.Asset Pricing Empirical Methods
3	6.Hedge funds 7.Liquidity, short sales constraints, downward sloping "demand" curves.
4	8.Price pressure and trading 9.Financial crisis
5	10.Term structure 11.Portfolio theory and practice

Generation, transmission, distribution and utilization of electrical power for public and private sectors to secure both continuous and emergency demands.
Electrical power feeding for civil and military marine and aviation utilities.
Electrical works in construction engineering.

Advanced Studies in Finance and Investment