文章基本信息

标题：Teaching empirical finance courses: A project on portfolio management
本地全文：下载
作者：Bruce Morley ; Steve Cook ; Reviewing Editor 等
期刊名称：Cogent Economics & Finance
电子版ISSN：2332-2039
出版年度：2016
卷号：4
期号：1
页码：1167157
DOI：10.1080/23322039.2016.1167157
语种：English
出版社：Taylor and Francis Ltd
摘要：Abstract The aim of this article was to assess the use of a group-based project for an empirical finance type of course. It examines the outline of the project, the methodology the students are encouraged to follow and how the course is assessed. This approach enables the students to apply many of the techniques learnt on this course and other courses such as econometrics, to determine an optimal portfolio of assets given their view on the risks in the economy. The emphasis is on risk management through portfolio diversification and the use of a simple hedge strategy. The overall aim was to introduce the students to the basics of portfolio management, as many work in this industry for their industrial placements and when they graduate. The main contribution to the literature is through the analysis of an empirically based portfolio management project. The feedback from the students suggests they felt that they had learnt useful concepts and information, in an enjoyable exercise.
关键词：empirical finance ; portfolio ; risk ; econometrics ; economic tools for teaching