This course presents and analyses financial options, such as European options and American options. Students will learn how to price options using the binomial option pricing technique as well as the Black-Scholes option pricing formula. Risk-neutral probabilities will be introduced. This course also discusses risks related to commodity prices, exchange rates as well as interest rates, and studies how to manage/hedge such risks. The efficient portfolio choice problem and the Capital Asset Pricing Model will be recapped at the beginning of the course.
All lectures and tutorials are recorded and uploaded to LMUcast. You can access the course material here.
Questions can be either asked via Moodle or Email at kontakt.risk@bwl.lmu.de.- Trainer/in: Martin Reinke
- Trainer/in: Mareike Worch
This course presents and analyses financial options, such as European options and American options. Students will learn how to price options using the binomial option pricing technique as well as the Black-Scholes option pricing formula. Risk-neutral probabilities will be introduced. This course also discusses risks related to commodity prices, exchange rates as well as interest rates, and studies how to manage/hedge such risks. The efficient portfolio choice problem and the Capital Asset Pricing Model will be recapped at the beginning of the course.
All lectures and tutorials will be recorded (live) and uploaded to LMUcast.
Lecture (Martin Reinke):
- Tuesday, 4:00 -6:00 pm (c.t.), online via Zoom
Tutorial (Mareike Worch):
- There will be 3 tutorials during the semester. The tutorials will replace a lecture in the specific week.
- Trainer/in: Martin Reinke
- Trainer/in: Mareike Worch
- Trainer/in: Benjamin Dillinger
- Trainer/in: Jonathan-Julian Federle
- Trainer/in: Julia Holzapfel
- Trainer/in: Lisa Kaminski
- Trainer/in: Paulina La Bonte
- Trainer/in: Martin Reinke
- Trainer/in: Andreas Richter
- Trainer/in: Moritz Scherrmann
- Trainer/in: Andreas Wittmann
Lecturer: Prof. Dr. Lorenz Schneider (schneider@em-lyon.com)
Language: English
Credits: The examination consists of a written and an oral component, 6 ECTS
Cycle: Every two semesters (every winter term)
Typical class size: 20 students
Examination:
Written exam: 21.11.2024, 18:00 – 21:00, Geschwister-Scholl-Platz 1, Room: A022
Oral exam: 28.11.2024 via Zoom
Schedule
• 21 Oct 2024, 14-18 c.t., Room III: Ludwigstr. 28, RB, 1st floor, Room 023
• 22 Oct 2024, 14-18 c.t., Room III: Ludwigstr. 28, RB, 1st floor, Room 023
• 23 Oct 2024, 14-18 c.t., Room III: Ludwigstr. 28, RB, 1st floor, Room 023
• 24 Oct 2024, 14-18 c.t., Room III: Ludwigstr. 28, RB, 1st floor, Room 023
• 28 Oct 2024, 14-18 c.t., Room III: Ludwigstr. 28, RB, 1st floor, Room 023
• 29 Oct 2024, 14-18 c.t., Room III: Ludwigstr. 28, RB, 1st floor, Room 023
• 30 Oct 2024, 14-18 c.t., Room III: Ludwigstr. 28, RB, 1st floor, Room 023
• 31 Oct 2024, 14-18 c.t., Room III: Ludwigstr. 28, RB, 1st floor, Room 023
- Trainer/in: Konstantin Scheurer
- Trainer/in: Leo Schwarze
The course „Commercial Banking“ provides students with an overview about the German and international banking sector, the corresponding institutional design as well as fundamental theoretical approaches and related empirical evidence. Core questions are: What is special about banks? Why and how should banks be regulated? How can banks measure and manage (credit) risk?
Lecture (Prof. Elsas):
- 27.11.2019, 14:00-20:00, Luisenstr. 37 (C) - C 006
- 05.12.2019, 14:00-20:00, Geschw.-Scholl-Pl. 1 (M) M014
- 11.12.2019, 14:00-20:00, Luisenstr. 37 (C) - C 006
- 19.12.2019, 14:00-20:00, Geschw.-Scholl-Pl. 1 (B) B006
- 06.12.19, 14:00-20:00, Prof.-Huber-Pl. 2 (W), Lehrturm W 101
- 20.12.19, 14:00-20:00, Prof.-Huber-Pl. 2 (W), Lehrturm W 101
- 10.01.20, 08:00-14:00, Geschw.-Scholl-Pl. 1 (A) A 120
- 17.01.20, 08:00-14:00, Geschw.-Scholl-Pl. 1 (A) A 120
Examination:
Students will take a 120-minutes written examination on February 13, 2020, 18:00 - 20:00, in B 101, Geschwister-Scholl-Platz 1.
- Trainer/in: Valentin Luz
- Trainer/in: Moritz Scherrmann
The course „Commercial Banking“ provides students with an overview about
the German and international banking sector, the corresponding
institutional design as well as fundamental theoretical approaches and
related empirical evidence. Core questions are: What is special about
banks? Why and how should banks be regulated? How can banks measure and
manage (credit) risk?
Examination:
Students will take a 120-minutes written examination on January 21, 2025,
17:00 - 19:00
The Moodle password can be found on the LSF page of the Commercial Banking Lecture (Vorlesung).
- Trainer/in: Leo Schwarze
- Trainer/in: Mareike Worch
Lecturers: Prof. Ralf Elsas (elsas@lmu.de)
Valentin Luz (luz@lmu.de)
Mareike Worch (worch@lmu.de)
Language: English
Credits: The grade is based on an entrance exam and a presentation, 6 ECTS
Typical Class Size: 20 participants
Presentation:
tbaDate & Time:
- 11.11.2021, 14:00 - 20:00 Uhr
- 18.11.2021, 14:00 - 20:00 Uhr
- 25.11.2021, 14:00 - 20:00 Uhr
- 09.12.2021, 14:00 - 20:00 Uhr
- Trainer/in: Ralf Elsas
- Trainer/in: Valentin Luz
- Trainer/in: Martin Reinke
- Trainer/in: Moritz Scherrmann
- Trainer/in: Mareike Worch
Lecture (Prof. Dr. Ralf Elsas)
| Date | Time | Content | Location |
|---|---|---|---|
| 08.05.2024 | 12:00 - 18:00 | Options | Edmund-Rumpler-Str. 9, A 023 |
| 16.05.2024 | 12:00 - 18:00 | Valuation Methodologies | Edmund-Rumpler-Str. 9, A 012 |
| 23.05.2024 | 12:00 - 18:00 | Interest Rate Derivatives | Edmund-Rumpler-Str. 9, A 012 |
Tutorial (Mareike Worch):
| Date | Time | Content | Location |
|---|---|---|---|
| 14.05.2024 | 14:00-20:00 | Introduction / Basic Concepts & Instruments | Room III, Ludwigstr. 28, RG, EG 023 |
| 21.05.2024 | 14:00-20:00 | Options | Room III, Ludwigstr. 28, RG, EG 023 |
| 28.05.2024 | 14:00-20:00 | Valuation Methodologies | Room III, Ludwigstr. 28, RG, EG 023 |
| 04.06.2024 | 14:00-20:00 | Mock Exam / Interest Rate Derivatives | Room III, Ludwigstr. 28, RG, EG 023 |
Topics:
- Basic Concepts and Instrument
- Options
- Valuation Methodologies
- Interest Rate Derivatives
- Trainer/in: Konstantin Scheurer
- Trainer/in: Leo Schwarze
- Trainer/in: Mareike Worch
Lecturer: Valentin Luz
Language: English
Credits: 6 ECTS
Cycle: Every semester
Topic:
Trading for Success – Backtesting of Trading Strategies
- Trainer/in: Valentin Luz
Die Studierenden sollen ein Grundverständnis in den Bereichen Investitionsentscheidungen von Unternehmen, Finanzierungsentscheidungen von Unternehmen sowie Kapitalmärkte erlangen. Sie sollen die wichtigsten Fragestellungen, Methoden und Theorien im Bereich Corporate Finance und Kapitalmärkte kennenlernen, einordnen und sie auch anwenden können. Die Vorlesung soll einen Überblick geben und Interesse an diesem Themengebiet wecken.
Studentische Tutorien:
- Wöchentlich Mittwochs: 14:00-16:00 Uhr (online)
Wir stellen Ihnen detaillierte Aufgabenblätter und Vorlesungsunterlagen auf Moodle bereit. Fragen zu den Aufgaben können einerseits über die Moodle-Plattform, bei Bedarf aber auch via Email an kontakt.iuf@bwl.lmu.de gestellt werden.
Hier finden Sie alle Kursunterlagen sowie Links um den Onlinetutorien beizutreten.
- Trainer/in: Martin Reinke
Die Studierenden sollen ein Grundverständnis in den Bereichen Investitionsentscheidungen von Unternehmen, Finanzierungsentscheidungen von Unternehmen sowie Kapitalmärkte erlangen. Sie sollen die wichtigsten Fragestellungen, Methoden und Theorien im Bereich Corporate Finance und Kapitalmärkte kennenlernen, einordnen und sie auch anwenden können. Die Vorlesung soll einen Überblick geben und Interesse an diesem Themengebiet wecken.
Vorlesung (Prof. Elsas):
- Dienstags von 12:00 bis 14:00 Uhr (c.t.) im Audimax
Zusatzübung (Eva Reuthlinger):
- 4 Zusatzübungen, jeweils donnerstags von 18:00 bis 20:00 Uhr (c.t.) im Audimax
- Zusatzübung 1: 05.12.2024
- Zusatzübung 2: 23.01.2025
- Zusatzübung 3: 30.01.2025
- Zusatzübung 4: 06.02.2025
Wöchentliche Tutorien (studentische Tutoren):
- Tutorium 1: montags, 10-12 Uhr (c.t.) in M109, Geschw.-Scholl-Pl. 1
- Tutorium 2: montags, 12-14 Uhr (c.t.) in M109, Geschw.-Scholl-Pl. 1
- Tutorium 3: montags, 14-16 Uhr (c.t.) in M109, Geschw.-Scholl-Pl. 1
- Tutorium 4: montags, 16-18 Uhr (c.t.) in M109, Geschw.-Scholl-Pl. 1
- Tutorium 5: dienstags, 10-12 Uhr (c.t.) in E006, Geschw.-Scholl-Pl. 1
- Tutorium 6: dienstags, 14-16 Uhr (c.t.) in M109, Geschw.-Scholl-Pl. 1
- Tutorium 7: dienstags, 16-18 Uhr (c.t.) in M109, Geschw.-Scholl-Pl. 1
- Tutorium 8: mittwochs, 10-12 Uhr (c.t.) in M109, Geschw.-Scholl-Pl. 1
- Tutorium 9: mittwochs, 12-14 Uhr (c.t.) in M109, Geschw.-Scholl-Pl. 1
- Tutorium 10: mittwochs, 14 -16 Uhr (c.t.) in M109, Geschw.-Scholl-Pl. 1
- Tutorium 11: mittwochs, 16-18 Uhr (c.t.) in M109, Geschw.-Scholl-Pl. 1
- Tutorium 12: donnerstags, 12-14 Uhr (c.t.) in M109, Geschw.-Scholl-Pl. 1
- Tutorium 13: donnerstags, 14-16 Uhr (c.t.) in M109, Geschw.-Scholl-Pl. 1
- Tutorium 14: donnerstags, 16-18 Uhr (c.t.) in M109, Geschw.-Scholl-Pl. 1
- Tutorium 15: freitags, 8-10 Uhr (c.t.) in M109, Geschw.-Scholl-Pl. 1
- Tutorium 16: freitags, 10-12 Uhr (c.t.) in M109, Geschw.-Scholl-Pl. 1
- Beginn: 11.11.2024 (KW46, 5. Vorlesungswoche)
Wir stellen Ihnen detaillierte Aufgabenblätter, Lösungen und Vorlesungsunterlagen auf Moodle bereit. Fragen zu den Aufgaben können einerseits über die Moodle-Plattform, bei Bedarf aber auch via Email an kontakt.iuf@som.lmu.de gestellt werden.
- Trainer/in: Eva Reuthlinger
- Trainer/in: Moritz Scherrmann
Lecturer: Prof. Dr. Ralf Elsas
Assistant: Valentin Luz
Language: English
Credits: 6 ECTS
Cycle: Every two semesters (every summer term)
Date & Place:
- 23.04.24, 10:00 - 14:00, (Edmund-Rumpler-Str. 9, A 110)
- 30.04.24, 10:00 - 14:00, (Edmund-Rumpler-Str. 9, A 110)
- 17.06.24, 10:00 - 18:00, (Richard-Wagner-Str. 10, D 105)
- 25.06.24, 12:00 - 20:00, (Richard-Wagner-Str. 10, D 105)
- Trainer/in: Valentin Luz
Lecturer: Prof. Dr. Ralf Elsas
Assistant: Martin Reinke
Language: English
Credits: 6 ECTS
Cycle: Every two semesters (every summer term)
Date & Place:
- 16.05.23, 10:00 - 14:00, Edmund-Rumpler-Str. 9, A 127
- 23.05.23, 10:00 - 14:00, Edmund-Rumpler-Str. 9, A 127
- 05.06.23, 10:00 - 18:00, Luisenstraße 37 (C), C 024
- 18.07.23, 10:00 - 14:00, Edmund-Rumpler-Str. 13, B 257
- Trainer/in: Martin Reinke
- Trainer/in: Eva Reuthlinger
- Trainer/in: Leo Schwarze
- Trainer/in: Mareike Worch
Dozent: Moritz Scherrmann
Sprache: Deutsch
Credits: 6 ECTS
Zyklus: Jedes Semester
3. Termin: 29.04.2021 08-14 Uhr
4. Termin: 06.05.2021 08-14 Uhr
- Trainer/in: Moritz Scherrmann
- Trainer/in: Leo Schwarze
- Trainer/in: Mareike Worch
The course „Risk Management for Financial Institutions" provides students with an overview about the German and international banking sector, the corresponding institutional design as well as fundamental theoretical approaches and related empirical evidence. Core questions are: What is special about banks? Why and how should banks be regulated? How can banks measure and manage (credit) risk?
Lecture (Prof. Florysiak):
- 06.11.2020, 14:00-20:00, via Zoom
- 20.11.2020, 12:00-18:00, via Zoom
- 07.12.2020, 08:00-14:00, via Zoom
- 15.12.2020, 12:00-16:00, via Zoom
- 13.11.2020, 14:00-20:00, via Zoom
- 27.11.2020, 14:00-20:00, via Zoom
- 17.12.2020, 08:00-14:00, via Zoom
- 07.01.2021, 08:00-14:00, via Zoom
Examination:
Students will take a 120-minutes written examination on January 28, 2021, 11:00 - 13:00, online
Retake exam:
Students will take a 120-minutes written retake examination on Jaly 9, 2021, 10:00 - 12:00, online
- Trainer/in: Valentin Luz
- Trainer/in: Moritz Scherrmann