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ST335 Finance and Financial Reporting

Throughout the 2021-22 academic year, we will be adapting the way we teach and assess your modules in line with government guidance on social distancing and other protective measures in response to Coronavirus. Teaching will vary between online and on-campus delivery through the year, and you should read the additional information linked on the right hand side of this page for details of how this will work for this module. The contact hours shown in the module information below are superseded by the additional information.You can find out more about the University’s overall response to Coronavirus at: https://warwick.ac.uk/coronavirus.

All dates for assessments for Statistics modules, including coursework and examinations, can be found in the Statistics Assessment Handbook at http://go.warwick.ac.uk/STassessmenthandbook

ST335-15 Finance & Financial Reporting

Academic year
21/22
Department
Statistics
Level
Undergraduate Level 3
Module leader
Joan Nakato
Credit value
15
Module duration
10 weeks
Assessment
Multiple
Study location
University of Warwick main campus, Coventry
Introductory description

This module runs in Term 1 and is available for students on a course where it is a listed option and as an Unusual Option to other students.

This module is used to determine the exemption eligibility for the Institute and Faculty of Actuaries module CB1 Business Finance. (Independent application to the IFoA may be required.)

Module web page

Module aims

This module will cover the actuarial syllabus relating to basic material on company financing, financial instruments and company accounts.

Outline syllabus

This is an indicative module outline only to give an indication of the sort of topics that may be covered. Actual sessions held may differ.

Structure of a joint stock company and the different methods by which it may be financed.
Basic principles of personal and corporate taxation.
Principal forms of financial instruments. Factors to be considered by a company when deciding on its capital structure and dividend policy. Company's cost of capital and how its cost of capital interacts with the nature of investment projects.
The major forms of financial institution.
Role and principal features of the accounts of a company.
Construction of simple balance sheets, profit and loss accounts and cash flow statements.
Financial statements issued by pension funds and insurance companies.

Learning outcomes

By the end of the module, students should be able to:

  • Be familiar with the structure of a joint stock company and how it can be financed.
  • Be familiar with the different types of financial instruments.
  • Be able to construct simple balance sheets and profit and loss accounts.
  • Be able to interpret financial statements.
Indicative reading list

View reading list on Talis Aspire

Subject specific skills

At the end of the mmodule students should be able to:
1 understand how companies are governed and structured.
2 suggest appropriate ways to finance a company.
3 analyse published accounts.
4 produce management information.

Transferable skills

Basic project appraisal skills

Study time

Type Required Optional
Lectures 28 sessions of 1 hour (23%) 2 sessions of 1 hour
Private study 92 hours (77%)
Total 120 hours
Private study description

Weekly revision of lecture notes and materials, wider reading, practice exercises and preparing for class tests and the examination.

Costs

No further costs have been identified for this module.

You do not need to pass all assessment components to pass the module.

Students can register for this module without taking any assessment.

Assessment group D1
Weighting Study time
Computer Based Assessment 1 10% 15 hours

Computer based assessment which will take place at a fixed time during the term that the module is delivered.

Computer Based Assessment 2 10% 15 hours

Computer based assessment which will take place at a fixed time during the term that the module is delivered.

On-campus Examination 80%

The examination paper will consist entirely of compulsory questions.

~Platforms - Moodle


  • Answerbook Pink (12 page)
  • Graph paper
  • students may use a calculator
Assessment group R
Weighting Study time
On-campus Examination - Resit 100%

The examination paper will consist entirely of compulsory questions.

~Platforms - Moodle


  • students may use a calculator
  • Graph paper
Feedback on assessment

Solutions will be provided within 72 hours of the class test and cohort level feedback will be provided for the class tests within 4 weeks of the test. Your paper will not be returned as it must be retained for the external examiners.

Solutions and cohort level feedback will be provided for the examination.

Past exam papers for ST335

Courses

This module is Optional for:

  • Year 3 of UCSA-G4G1 Undergraduate Discrete Mathematics
  • Year 3 of UCSA-G4G3 Undergraduate Discrete Mathematics
  • Year 4 of UCSA-G4G2 Undergraduate Discrete Mathematics with Intercalated Year
  • USTA-G300 Undergraduate Master of Mathematics,Operational Research,Statistics and Economics
    • Year 3 of G300 Mathematics, Operational Research, Statistics and Economics
    • Year 4 of G300 Mathematics, Operational Research, Statistics and Economics
  • USTA-G1G3 Undergraduate Mathematics and Statistics (BSc MMathStat)
    • Year 3 of G1G3 Mathematics and Statistics (BSc MMathStat)
    • Year 4 of G1G3 Mathematics and Statistics (BSc MMathStat)
  • USTA-G1G4 Undergraduate Mathematics and Statistics (BSc MMathStat) (with Intercalated Year)
    • Year 4 of G1G4 Mathematics and Statistics (BSc MMathStat) (with Intercalated Year)
    • Year 5 of G1G4 Mathematics and Statistics (BSc MMathStat) (with Intercalated Year)

This module is Option list A for:

  • Year 3 of USTA-G300 Undergraduate Master of Mathematics,Operational Research,Statistics and Economics
  • USTA-G301 Undergraduate Master of Mathematics,Operational Research,Statistics and Economics (with Intercalated
    • Year 3 of G30E Master of Maths, Op.Res, Stats & Economics (Actuarial and Financial Mathematics Stream) Int
    • Year 4 of G30E Master of Maths, Op.Res, Stats & Economics (Actuarial and Financial Mathematics Stream) Int

This module is Option list B for:

  • Year 3 of USTA-G302 Undergraduate Data Science
  • Year 3 of USTA-G304 Undergraduate Data Science (MSci)
  • Year 4 of USTA-G303 Undergraduate Data Science (with Intercalated Year)
  • Year 3 of USTA-GG14 Undergraduate Mathematics and Statistics (BSc)
  • Year 4 of USTA-GG17 Undergraduate Mathematics and Statistics (with Intercalated Year)
  • Year 3 of USTA-Y602 Undergraduate Mathematics,Operational Research,Statistics and Economics
  • Year 4 of USTA-Y603 Undergraduate Mathematics,Operational Research,Statistics,Economics (with Intercalated Year)