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.- Enseignant: Martin Reinke
- Enseignant: 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.
- Enseignant: Martin Reinke
- Enseignant: Mareike Worch
- Enseignant: Benjamin Dillinger
- Enseignant: Jonathan-Julian Federle
- Enseignant: Julia Holzapfel
- Enseignant: Lisa Kaminski
- Enseignant: Martin Reinke
- Enseignant: Andreas Richter
- Enseignant: Moritz Scherrmann
- Enseignant: 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: 17.11.2022, tba
Oral exam: 24.11.2022 via Zoom
Schedule
• 17 Oct 2022, 14-18 c.t., Raum III: Ludwigstr. 28 RG, EG, Raum 023
• 18 Oct 2022, 14-18 c.t., Raum III: Ludwigstr. 28 RG, EG, Raum 023
• 19 Oct 2022, 14-18 c.t., Raum III: Ludwigstr. 28 RG, EG, Raum 023
• 20 Oct 2022, 14-18 c.t., Raum III: Ludwigstr. 28 RG, EG, Raum 023
• 24 Oct 2022, 14-18 c.t., Raum III: Ludwigstr. 28 RG, EG, Raum 023
• 25 Oct 2022, 14-18 c.t., Raum III: Ludwigstr. 28 RG, EG, Raum 023
• 26 Oct 2019, 14-18 c.t., Raum III: Ludwigstr. 28 RG, EG, Raum 023
• 27 Oct 2019, 14-18 c.t., Raum III: Ludwigstr. 28 RG, EG, Raum 023
- Enseignant: Martin Reinke
- Enseignant: 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.
- Enseignant: Valentin Luz
- Enseignant: 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?
Lecture (Prof. Elsas):
- 06.11.2022, 16:00-21:00, Geschwister-Scholl-Platz 1, B006
- 07.11.2022, 16:00-20:00, Geschwister-Scholl-Platz 1, B006
- 21.11.2022, 14:00-20:00, Geschwister-Scholl-Platz 1, B006
- 22.11.2022, 16:00-20:00, Geschwister-Scholl-Platz 1, B006
Tutorial (Mareike Worch):
- 08.11.2022, 14:00-20:00, Geschwister-Scholl-Platz 1, M 105
- 15.11.2022, 14:00-20:00, Geschwister-Scholl-Platz 1, M 105
- 22.11.2022, 14:00-20:00, Geschwister-Scholl-Platz 1, M 105
- 29.11.2022, 14:00-20:00, Geschwister-Scholl-Platz 1, M 105
Examination:
Students will take a 120-minutes written examination on January 19, 2024,
14:00 - 16:00.
- Enseignant: Moritz Scherrmann
- Enseignant: Leo Schwarze
- Enseignant: 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
- Enseignant: Ralf Elsas
- Enseignant: Valentin Luz
- Enseignant: Martin Reinke
- Enseignant: Moritz Scherrmann
- Enseignant: 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
- Enseignant: Leo Schwarze
- Enseignant: Mareike Worch
Lecturer: Eva Reuthlinger
Language: English
Credits: 6 ECTS
Cycle: Every semester
Topic:
- Enseignant: Eva Reuthlinger
- Enseignant: Leo Schwarze
- Enseignant: Mareike Worch
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.
- Enseignant: 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):
- Findet nicht statt im Sommersemester
Zusatzübung (Moritz Scherrmann):
- Findet nicht statt im Sommersemester
Studentischer Tutor (Moritz Lange):
- Wöchentlich Montags
- Tutorium 1: 12:00 - 14:00 Uhr
- Tutorium 2: 14:00 - 16:00 Uhr
- Raum: HGB, Geschw.-Scholl-Pl. 1, Raum A 125
- Beginn: 24.04.2023
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.
- Enseignant: Moritz Scherrmann
- Enseignant: Markus Witt
Lecturer: Prof. Dr. Ralf Elsas
Assistant: Daniela Schoch
Language: English
Credits: 6 ECTS
Cycle: Every two semesters (every summer term)
Date & Place:
- 23.04.20, 14:00 - 18:00, (online)
- 30.04.20, 14:00 - 18:00, (online)
- 07.05.20, 14:00 - 18:00, (online)
- 02.07.20, 10:00 - 18:00, presentations event studies, (tbd)
- Enseignant: Valentin Luz
- Enseignant: Martin Reinke
- Enseignant: Daniela Schoch
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
- Enseignant: Martin Reinke
- Enseignant: Eva Reuthlinger
- Enseignant: Moritz Scherrmann
- Enseignant: Leo Schwarze
- Enseignant: 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
- Enseignant: Moritz Scherrmann
- Enseignant: Leo Schwarze
- Enseignant: 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
- Enseignant: Valentin Luz
- Enseignant: Moritz Scherrmann