End-of-term Assessment method:
- The Final written exam is a written test of practical exercises. It is passed if the mark is at least 18/30. It includes 5 exercises with the following structure:
- Exercise 1 (4pt): Present value and annuities;
- Exercise 2 (6pt): Bond valuation;
- Exercise 3 (6pt): Interest Rates and bootstrapping, forward rates;
- Exercise 4 (8pt) and 5 (8pt): Mean Variance Portfolio Theory.
Length of the written exam: 2.5 hours. Review of papers is possible the day of the oral exam and also by an appointment for another day.
- Partial Tests Guidelines
- List of Formulas – II
- Sample-PT-NEW
- Sample-PT-Solutions-NEW
- Sample-PT-1
- Sample-PT-2
- Sample-PT-3
- Sample-PT-4
- Sample-PT-5
- Oral assessment:
The oral test consists of a preliminary written multiple choice test questions (with 5 questions) used to assess the basic level of learning outcomes related to theoretical foundations of the course.
The answers represent the basis to pose some additional (3-4) questions to the student in spoken form. It determines an adjustment between -4 and 4 of the written test mark, thus yielding the final mark. You can access to the oral test only if the written exam mark is at least 18/30. - List of possible topics for the oral exam
- Sample Oral Test
- Exam Guidelines
- Partial Test I – Solution
- Written Test – Session I – Solutions
- Written Test – Session II – Solutions
- Written Test – Session III – Solutions
- Written Test – December 2015
- Written Test – January 2016
- Written Test – February 2016
- Written Test – Session IV
- Written Test – Session IV – Solution
- Written Test – June 2016 – Solution
- Written Test – September 2016 – Solution
- Partial tests Assessment method: The written exam can be passed also through two partial written tests. All the information about the grading method can be found at the following link:
Partial Test I
Partial Test II