Learn · MIT OpenCourseWare

Photograph of several people standing around a computer terminal.

Course15.40129 lectures35 h 29 min

Finance Theory I

Prof. Andrew Lo · Massachusetts Institute of Technology

Start with lecture 1 At MIT OpenCourseWare

About

This course introduces the core theory of modern financial economics and financial management, with a focus on capital markets and investments. Topics include functions of capital markets and financial intermediaries, asset valuation, fixed-income securities, common stocks, capital budgeting, diversification and portfolio selection, equilibrium pricing of risky assets, the theory of efficient markets, and an introduction to derivatives and options.

Lectures

Instructor Insights

  1. MIT Economist Andrew W. Lo on Finance, AI, and Human Behavior 39 min · Video

Introduction and Course Overview

  1. Introduction and Course Overview 1 h 8 min · Video

Present Value Relations

  1. Part I of Present Value Relations 1 h 16 min · Video
  2. Part II of Present Value Relations 1 h 21 min · Video
  3. Part III of Present Value Relations 1 h 12 min · Video

Fixed-Income Securities

  1. Part I of Fixed-Income Securities 1 h 12 min · Video
  2. Part II of Fixed-Income Securities 1 h 20 min · Video
  3. Part III of Fixed-Income Securities 1 h 20 min · Video
  4. Part IV of Fixed-Income Securities 1 h 16 min · Video

Equities

  1. Equities 1 h 16 min · Video

Forward and Futures Contracts

  1. Part I of Forward and Futures Contracts 1 h 20 min · Video
  2. Part II of Forward and Futures Contracts 1 h 20 min · Video

Options

  1. Part I of Options 1 h 20 min · Video
  2. Part II of Options 59 min · Video
  3. Part III of Options 1 h 8 min · Video

Risk and Return

  1. Part I of Risk and Return 1 h 8 min · Video
  2. Part II of Risk and Return 1 h 19 min · Video

Portfolio Theory

  1. Part I of Portfolio Theory 1 h 19 min · Video
  2. Part II of Portfolio Theory 1 h 21 min · Video
  3. Part III of Portfolio Theory 1 h 19 min · Video

The CAPM and APT

  1. Part I of The CAPM and APT 1 h 19 min · Video
  2. Part II of The CAPM and APT 1 h 16 min · Video
  3. Part III of The CAPM and APT 1 h 21 min · Video

Capital Budgeting

  1. Part I of Capital Budgeting 1 h 21 min · Video
  2. Part II of Capital Budgeting 1 h 20 min · Video

Efficient Markets

  1. Part I of Efficient Markets 1 h 20 min · Video
  2. Part II of Efficient Markets 1 h 21 min · Video
  3. Part III of Efficient Markets 55 min · Video

Course Summary

  1. Course Summary 55 min · Video

Syllabus and materials

At MIT OpenCourseWare, as the course publishes them.

Credits and licence

Institution
Massachusetts Institute of Technology
Department
Sloan School of Management
Teacher
Prof. Andrew Lo
Term
Fall 2008
Level
Graduate
Language
English
Subjects
Economics, Business and management, Society and politics
Source
MIT OpenCourseWare
Licence
CC BY-NC-SA 4.0, as MIT OpenCourseWare states it. Non-commercial use only. MIT OpenCourseWare's terms
Attribution
Prof. Andrew Lo. Finance Theory I. Fall 2008. Massachusetts Institute of Technology: MIT OpenCourseWare, https://ocw.mit.edu/. License: Creative Commons BY-NC-SA.
Who can watch
MIT OpenCourseWare gives no rating. Invisible Network shows it to Teens profiles and older, judged from what the source says about it. How courses are placed