Mercados e Investimentos Financeiros

Código:

2MiF02

Sigla:

MFI

Áreas Científicas
Classificação	Área Científica
OFICIAL	Estudos de Gestão

Ocorrência: 2023/2024 - 1S

Ativa?	Sim
Curso/CE Responsável:	Mestrado em Finanças

Ciclos de Estudo/Cursos

Sigla	Nº de Estudantes	Plano de Estudos	Anos Curriculares	Créditos UCN	Créditos ECTS	Horas de Contacto	Horas Totais
ME	13	Plano Oficial a partir de 2021-2022	2	-	6	42	162
MIF	43	Plano Oficial a partir de 2020-2021	1	-	6	42	162

Língua de trabalho

Inglês

Objetivos

This course is designed to provide an understanding of financial markets and the securities traded on them.
Well-functioning financial markets are fundamental institutions in a modern economy. Research in financial markets is highly active, deals with issues continuously in the news, and is the subject of lively policy debate.
The first part of the course will discuss the fundamental role of financial markets, the types of financial assets, and how they are traded.
The second part will cover the main strategies that investors can adopt. The working and regulatory environment affecting the financial investors will also be delineated.
Finally, in the last part of the course, we will examine some of the long-term trends in the financial markets.

Students completing this course should have the necessary tools and understanding of the financial markets' operations and the functions of financial markets in the economy.

Resultados de aprendizagem e competências

Students completing this course should be able to:
1) identify the main financial markets and instruments and describe their main functions and characteristics;
2) discuss the evidence in the scientific literature on the main variables that describe the functioning of financial markets (prices, trading volumes, etc.)
3)apply the various concepts of market efficiency based on analyzing the evolution of financial prices.

Modo de trabalho

Presencial

Programa

 

1. Introduction to the Financial Markets

1.1. Importance of the financial markets

1.2. The financial system

1.3. Functioning of the financial markets

 

2. Financial Investments

2.1. Money market instruments

2.2. Stocks

2.4. Other financial investments

 

3. Equilibrium in Financial Markets

3.1. Concepts of market efficiency

3.2. Two views about financial markets

3.3. Tests of market efficiency and anomalies

3.4. Current trends in finance

 

4. Investors, Investment Strategies, and Regulation

4.1. Investors’ decisions

4.2. Investment strategies

4.3. Regulation of financial markets

 

5. Investing in Financial Markets: the Empirical Evidence 

5.1. The historical returns of bonds and stocks 

5.2. Long-term risk 

 

 

Bibliografia Obrigatória

Fabozzi, Frank J., Franco Modigliani and Frank J. Jones; Foundations of Financial Markets and Institutions, Pearson, 2010
Siegel, Jeremy; Stocks for the Long Run, McGraw-Hill, 2008

Bibliografia Complementar

Lobão, Júlio; Finanças Comportamentais – Quando a Economia encontra a Psicologia , Actual Editora, 2012

Métodos de ensino e atividades de aprendizagem

The class will be a mixture of lectures and discussions. Theories, practices, and real-world examples will be examined and analyzed.

Tipo de avaliação

Avaliação distribuída sem exame final

Componentes de Avaliação

Designação	Peso (%)
Teste	65,00
Trabalho escrito	35,00
Total:	100,00

Componentes de Ocupação

Designação	Tempo (Horas)
Apresentação/discussão de um trabalho científico	10,00
Estudo autónomo	90,00
Frequência das aulas	42,00
Trabalho de investigação	20,00
Total:	162,00

Obtenção de frequência

Distributed evaluation with no final exam.

Fórmula de cálculo da classificação final

Grades will be based on the exam (65%) and the group work with the final presentation (35%). The student has to get a minimum grade of 6.5 in this exam to be approved.

The students must have done the group work to have access to the exam (article 9, n. 1, a) of the grading rules).

Observações

There will be no exam in the regular exam period ("época normal") as the test will take place during the last class of the course.