Course Description

FINC 330: Theory of Finance

Theory of Finance is a required course for both Finance and Investment Management majors. A particular emphasis is placed on the theory behind constructing optimal investment portfolios and the implications this theory has for asset pricing. A second theme of the course is to examine why market prices are thought to be fairly priced or “efficient” versus the opposing view (behavioral finance) that questions investor rationality and, therefore, efficient market prices. Theory of Finance also serves as the introductory course to the Duquesne University Investment Center in which students become proficient in using Bloomberg, Compustat, Morningstar/Ibbotson and other financial applications.