Course Name	Investment Theory
Credits	3
Professor(s)	Name	Bongjoon Kim
	Affiliation	Business Administration

COURSE DESCRIPTION

Course Objectives

This course is to teach undergraduate students how to invest their savings. As lecture progresses, the attendants will get acquainted with the concept of risk and expected return. Then they will learn desirable investment skills based on trade off relations between risk and expected return.

Also, they will learn and think about the origin and history of money as the introduction of modern finance theory.

MAIN TEXTBOOK and FURTHER READINGS

1) Investments (Authors : Bodie, Kane, Marcus, Publisher: McGrawHill)

2) The Ascent of Money: A Financial History of the World (Author: Niall Ferguson, publisher: The

Wylie Agency(UK))

ASSIGNMENTS AND GRADING

Assignments: T.B.A.

Grading Scheme: Mid term exam(30%), Final term exam(30%), Attendance(20%), Attitude(20%)

COURSE SCHEDULE

Course Outline

1 week : the ascent of money(1) - the dream of avarice

2 week : the ascent of money(2) - human bondage

3 week : the ascent of money(3) - blowing bubble

4 week : the ascent of money(4) - risky business

5 week : the ascent of money(5) - safe as house

6 week : the ascent of money(6) - chimerica

7 week : the ascent of money(7) - doom story and hope story about future finance

8 week : mid term exam

9 week : risk and risk premium

10 week : portfolio and diversification effect

11 week : optimal investment criteria

12 week : equilibrium of financial markets and no arbitrage principle

13 week : asset pricing(1) - mean variance criteria

14 week : asset pricing(2) - CAPM

15 week : market efficiency

16 week : final term exam

CONTACT DETAILS

Tel: (055) 772-1527                           e-mail: bongjunkim1@gnu.ac.kr