Fall 2024 Finance B8323 section 001

ASSET MANAGEMENT

Call Number 16873
Day & Time
Location
R 9:00am-12:15pm
590 GEFFEN HALL
Points 3
Grading Mode Standard
Approvals Required None
Instructor Geert Bekaert
Type LECTURE
Method of Instruction In-Person
Course Description This course applies financial theory to the issues and problems of asset management. In order to understand these issues, we must start with the specific goals, characteristics, and considerations of the asset owner. Asset owners may be individuals (e.g. personal wealth), collective owners (e.g. families or pension funds), charitable endowments and foundations (e.g. Columbia University), corporations, and nations (e.g. sovereign wealth funds). We characterize the properties of asset returns and the nature of various investment strategies to assess how asset management can meet the specific investment goals of asset owners. Asset owners usually delegate management of their portfolios to financial intermediaries, which may invest across a broad array of assets or specialize in a certain investment style or asset class. The delegated nature of investments necessitates understanding the principal-agent issues and market frictions associated with each type of asset class.
Web Site Vergil
Department Finance
Enrollment 108 students (125 max) as of 5:05PM Sunday, December 8, 2024
Subject Finance
Number B8323
Section 001
Division School of Business
Open To Architecture, Schools of the Arts, Business, Columbia College, Dental Medicine:Post-Grad, Dental Medicine , Engineering:Undergraduate, Engineering:Graduate, GSAS, General Studies, SIPA, Journalism, Medicine, Nursing, Public Health, Professional Studies, Social Work
Section key 20243FINC8323B001