The outcomes are to

• identify and explain the modern theories of asset valuation.
• calculate financial returns, their expected value and volatility. 
• quantify the price of equity, listing and describing the underlying assumptions. 
• understanding the structure of bond pricing models and the term structure of interest rate.
• identify and critically assess the optimal portfolio choice.
• use equilibrium asset pricing models
• apply valuation by arbitrage, option pricing and risk-neutral valuation.