Course Content

This course covers a wide range of topics in modern portfolio theory and investment analysis, including expected utility theory, measures of risk and return, the theory of portfolio selection, asset pricing models and their empirical tests, the efficient market hypothesis, and issues in stock portfolio management. 


  • Students should have successfully attended the courses Finanzwirtschaft I and II in the Mannheim Bachelor program (or similar courses at other institutions)
  • Students should definitely be familiar with the material covered in Brealey, Myers and Allen: Principles of Corporate Finance, 10th edition, McGraw-Hill 2011: Chapters 7,8,9,13
  • The course FIN500 also requires basic knowledge in mathematics (optimization (unconstrained and constrained), elementary matrix algebra) and statistics (expected value, variance, covariance, correlation, t-tests)


Lecture: Tuesday, 13:45 - 15:15 in M 003


Monday, 15:30 - 17:00 in M 003