# Finance Theory I

- 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](https://ocw.mit.edu/courses/15-401-finance-theory-i-fall-2008/)
- Licence: [CC BY-NC-SA 4.0](https://creativecommons.org/licenses/by-nc-sa/4.0/) (Non-commercial use only.)
- Syllabus: [at the source](https://ocw.mit.edu/courses/15-401-finance-theory-i-fall-2008/pages/syllabus/)
- Readings: [at the source](https://ocw.mit.edu/courses/15-401-finance-theory-i-fall-2008/pages/readings/)
- Who can watch: Teens profiles and older (sources give no ratings; placed by Invisible Network from the source's own words)

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

1. [MIT Economist Andrew W. Lo on Finance, AI, and Human Behavior](https://invisiblenetwork.ai/learn/mit/15-401-finance-theory-i-fall-2008/17bce6149f9d), 39 min (Video)
2. [Introduction and Course Overview](https://invisiblenetwork.ai/learn/mit/15-401-finance-theory-i-fall-2008/51bb51496dd7), 1 h 8 min (Video)
3. [Part I of Present Value Relations](https://invisiblenetwork.ai/learn/mit/15-401-finance-theory-i-fall-2008/90a7705511dc), 1 h 16 min (Video)
4. [Part II of Present Value Relations](https://invisiblenetwork.ai/learn/mit/15-401-finance-theory-i-fall-2008/6ca4770337c5), 1 h 21 min (Video)
5. [Part III of Present Value Relations](https://invisiblenetwork.ai/learn/mit/15-401-finance-theory-i-fall-2008/2624178f182b), 1 h 12 min (Video)
6. [Part I of Fixed-Income Securities](https://invisiblenetwork.ai/learn/mit/15-401-finance-theory-i-fall-2008/b91a6c1af20d), 1 h 12 min (Video)
7. [Part II of Fixed-Income Securities](https://invisiblenetwork.ai/learn/mit/15-401-finance-theory-i-fall-2008/1ef1dcd70122), 1 h 20 min (Video)
8. [Part III of Fixed-Income Securities](https://invisiblenetwork.ai/learn/mit/15-401-finance-theory-i-fall-2008/da35c94fbb92), 1 h 20 min (Video)
9. [Part IV of Fixed-Income Securities](https://invisiblenetwork.ai/learn/mit/15-401-finance-theory-i-fall-2008/4754b186714d), 1 h 16 min (Video)
10. [Equities](https://invisiblenetwork.ai/learn/mit/15-401-finance-theory-i-fall-2008/7d1dd48ae13d), 1 h 16 min (Video)
11. [Part I of Forward and Futures Contracts](https://invisiblenetwork.ai/learn/mit/15-401-finance-theory-i-fall-2008/7120bb28016e), 1 h 20 min (Video)
12. [Part II of Forward and Futures Contracts](https://invisiblenetwork.ai/learn/mit/15-401-finance-theory-i-fall-2008/6b79096e928a), 1 h 20 min (Video)
13. [Part I of Options](https://invisiblenetwork.ai/learn/mit/15-401-finance-theory-i-fall-2008/910b15316ba5), 1 h 20 min (Video)
14. [Part II of Options](https://invisiblenetwork.ai/learn/mit/15-401-finance-theory-i-fall-2008/5769da8b0af3), 59 min (Video)
15. [Part III of Options](https://invisiblenetwork.ai/learn/mit/15-401-finance-theory-i-fall-2008/f7b766954197), 1 h 8 min (Video)
16. [Part I of Risk and Return](https://invisiblenetwork.ai/learn/mit/15-401-finance-theory-i-fall-2008/8bcc0cfd2e4d), 1 h 8 min (Video)
17. [Part II of Risk and Return](https://invisiblenetwork.ai/learn/mit/15-401-finance-theory-i-fall-2008/3ee3e847f8ec), 1 h 19 min (Video)
18. [Part I of Portfolio Theory](https://invisiblenetwork.ai/learn/mit/15-401-finance-theory-i-fall-2008/d2a1c3fda7d7), 1 h 19 min (Video)
19. [Part II of Portfolio Theory](https://invisiblenetwork.ai/learn/mit/15-401-finance-theory-i-fall-2008/83b70025b6cc), 1 h 21 min (Video)
20. [Part III of Portfolio Theory](https://invisiblenetwork.ai/learn/mit/15-401-finance-theory-i-fall-2008/b30119c4e7c5), 1 h 19 min (Video)
21. [Part I of The CAPM and APT](https://invisiblenetwork.ai/learn/mit/15-401-finance-theory-i-fall-2008/83d45f8ba7af), 1 h 19 min (Video)
22. [Part II of The CAPM and APT](https://invisiblenetwork.ai/learn/mit/15-401-finance-theory-i-fall-2008/80d1e1c0eb12), 1 h 16 min (Video)
23. [Part III of The CAPM and APT](https://invisiblenetwork.ai/learn/mit/15-401-finance-theory-i-fall-2008/569b61eb9512), 1 h 21 min (Video)
24. [Part I of Capital Budgeting](https://invisiblenetwork.ai/learn/mit/15-401-finance-theory-i-fall-2008/19f1f9ac0aa3), 1 h 21 min (Video)
25. [Part II of Capital Budgeting](https://invisiblenetwork.ai/learn/mit/15-401-finance-theory-i-fall-2008/cbde1589ab87), 1 h 20 min (Video)
26. [Part I of Efficient Markets](https://invisiblenetwork.ai/learn/mit/15-401-finance-theory-i-fall-2008/e083716f393f), 1 h 20 min (Video)
27. [Part II of Efficient Markets](https://invisiblenetwork.ai/learn/mit/15-401-finance-theory-i-fall-2008/45ddb4eed50e), 1 h 21 min (Video)
28. [Part III of Efficient Markets](https://invisiblenetwork.ai/learn/mit/15-401-finance-theory-i-fall-2008/0709da821b92), 55 min (Video)
29. [Course Summary](https://invisiblenetwork.ai/learn/mit/15-401-finance-theory-i-fall-2008/0a04d54b79fa), 55 min (Video)