Investments in securities I

Academic unit or major

Graduate major in Technology and Innovation Management

Instructor(s)

Kazuto Doi / Mayuko Nakamaru

Class Format

Lecture (Livestream)

Media-enhanced courses

-

Day of week/Period
(Classrooms)

11-12 Tue

Class

-

Course Code

TIM.A536

Number of credits

100

Course offered

2024

Offered quarter

3Q

Syllabus updated

Mar 14, 2025

Language

Japanese

Syllabus

Course overview and goals

This course covers securities investment theory, one of the two pillars of finance in Western business schools as well as corporate finance theory (Corporate Finance). In particular, “Investments in securities I” focuses on the theory of financial structures, the concept of risk and asset pricing (especially for risky assets), and asset valuation models for assessing risk premiums.

The aim of this course is to deepen students' understanding of the fundamentals of the concept of securities investment as well as financial and securities markets, and to develop students' ability to think for themselves about the nature of real financial market movements and events by learning standard contemporary investment theories.

Course description and aims

Students will learn the following skills from taking this course.
1) Be able to explain about financial system such as financial transactions, banking system, monetary policy and structure of
security markets
2) Be able to explain basic theory of asset valuation and models
3) Be able to explain how to evaluate risk premium
4) Be able to consider the nature behind price movements and events in the financial markets by themselves

Student learning outcomes

実務経験と講義内容との関連 (又は実践的教育内容)

An instructor with work experiences in the asset management industry will provide hands-on education in finance theory, based on practice in the field that features the practical application of the theories.

Keywords

Financial system,Asymmetric information, Portfolio, Risk, Risk Premium, Diversification, Beta, Arbitrage, Efficient Market Hypothesis

Competencies

• Specialist skills
• Intercultural skills
• Communication skills
• Critical thinking skills
• Practical and/or problem-solving skills

Class flow

Lecture style with some class interactions with quiz and financial news. Students are encouraged to participate actively. Welcome questions in class

Course schedule/Objectives

Study advice (preparation and review)

To enhance effective learning, students are encouraged to spend approximately 100 minutes preparing for class and another 100 minutes reviewing class content afterwards (including assignments) for each class.
They should do so by referring to textbooks and other course material.

Textbook(s)

No text book is set.

Reference books, course materials, etc.

Shin-Shouken Touhiron I/ Takao Kobayashi and Toshio Serizawa
Shin-Shouken Touhiron II/ Keisuke Ito et al.
Financial Economics / Yukio Noguchi and Mariko Fujii
Introduction to Contemporary Finance

Evaluation methods and criteria

Report and quiz: 100% Active class participation can be plus

Related courses

• TIM.A537 ： Investments in securities II
• TIM.A534 ： Corporate Finance I
• TIM.A535 ： Corporate Finance II

Prerequisites

"Investments in securities I " should be followed by "Investments in securities II".
Students are encouraged to take both "Investments in securities I" and "Investments in securities II".
Basic knowledge of probability, statistics and mathematics at the elementary university level is used, even though no prior preparation is required.

Contact information (e-mail and phone) Notice : Please replace from ”[at]” to ”@”(half-width character).

83nsoundbeach[at]gmail.com