MBA Online

Faculty of Economic at The University of Tokyo

4091: Financial Economics I
Summer Kobayashi and Garleanu
This course is an introductory course in theoretical financial economics, with an emphasis on the basic theories of asset pricing. We begin by dealing with individual choices under uncertainty and two-period consumption-portfolio problems. We then move on to equilibrium pricing theories, including implications of no arbitrage and stochastic discount factor, risk sharing, aggregation, and consumption-based pricing in complete markets, mean-variance efficiency and the Capital Asset Pricing Model, and the Arbitrage Pricing Theory. We also explore the relation between these various pricing theories. We will then explore models of pricing and portfolio choice in a multi-period setting. We will also discuss the behavioral choice models based on nonexpected utility and the prospect theory

Seminar In Management (EKM 2501)

This course describes the determinants of an organization success in the global setting. Those determinants are the ability of an organization to (1) reorganize and renew itself, (2) focus itself on internal and external changes, and (3) fit with its environment. Several contemporary concepts of finding organization-environment fit are discussed in this course. The objective of the course is to broaden students’ insights on contemporary management issues and concepts. Understanding those issues and concepts will prepare students to enter the real business world and contribute to organizations in order to effectively and efficiently respond toward environmental changes.

Cost Accounting (EKA 2201)

This course discusses concepts, techniques, and latest development in production costing. The discussion includes cost accounting and analysis techniques useful in various industries and differing circumstances. Cost budgets and cost standards are illustrated as tools for planning, performance and managerial control. After taking this course, students are expected to have a broader perspective on the production cost determination as a critical element in price setting and performance evaluation.