Program Overview

Alternative Investments

Description

The Alternative Investments course provides a theoretical and practical look into the world of managing alternative investments, such as hedge funds, commodities, private equity, venture capital, and LBOs. The course focuses on hedge fund strategies, including market neutral investing, statistical arbitrage, and derivatives arbitrage. Topics covered include hedge fund compensation, performance evaluation, risk management, and the role of arbitrageurs in the capital market.

Objectives

• Understand different categories of alternative investments, such as hedge funds, commodities, credit derivatives, and real estate.

Prerequisites

• Basic finance
• Basic math

Learning Method

• Lectures
• In-class exercises

Exam Style

• Final exam (closed book)
• Group presentations

Readings/Textbooks

• Mark J. P. Anson, Handbook of Alternative Assets, John Wiley & Sons (2006)
• Andrew W. Lo, Hedge Funds: An Analytic Perspective, Princeton University Press (2010)
• Lecture slides

Education

Program Details

• Master of Science in Economics and Communication in Financial Communication: Elective course, 2nd year
• Master of Science in Economics in Banking and Finance (until A.Y. 2017): Elective course, 2nd year
• Master of Science in Economics in Finance: Core course, Minor in Quantitative Finance, 2nd year

Additional Information

Semester

• Spring

Academic Year

• Not specified

ECTS

• 3.0

Language

• English