Principal Aims

Principal Learning Outcomes

Subject knowledge and understanding:…understand key concepts in finance and corporate finance and exchange rate determinations. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, independent study, background reading. The summative assessment methods that measure the achievement of this learning outcome are: Final examination.

Subject knowledge and understanding:...demonstrate knowledge of asset pricing, corporate financial policy and governance. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, independent study, background reading. The summative assessment methods that measure the achievement of this learning outcome are: Final examination.

Subject knowledge and understanding:...abstract and simplify basic economic problems through the application of simple theoretical methods. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, independent study, background reading. The summative assessment methods that measure the achievement of this learning outcome are: Final examination.

Key skills:...communicate knowledge and understanding of economics in written and in elementary mathematical forms. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, independent study, background reading. The summative assessment methods that measure the achievement of this learning outcome are: Final examination.

Key skills:...conduct individual and collaborative research into a finance topic, using world wide web and library resources. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, independent study, background reading. The summative assessment methods that measure the achievement of this learning outcome are: Final examination.

Professional skills:...select and apply appropriate models and techniques to particular problems, especially those of a policy nature.

Cognitive skills:…analyse and formulate models for understanding and solving problems. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, independent study, background reading. The summative assessment methods that measure the achievement of this learning outcome are: Final examination.

Cognitive skills:...analyse competing models and hypotheses in a critical way. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, independent study, background reading. The summative assessment methods that measure the achievement of this learning outcome are: Final examination.

Professional skills:...produce concise and analytical reports relating to financial problems and issues. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, independent study, background reading. The summative assessment methods that measure the achievement of this learning outcome are: Final examination.

Syllabus

Context

Optional Module

GL11 - Year 3, GL12 - Year 4, L100 - Year 3, L103 - Year 4, L116 - Year 3, L1P5 - Year 1, L1PA - Year 1, LM1D (LLD2) - Year 3, LM1H - Year 4, V7ML - Year 3, V7MM - Year 4, V7MP - Year 3, V7MR - Year 3, LA99 - Year 3, R9L1 - Year 4, R3L4 - Year 4, R4L1 - Year 4, R2L4 - Year 4, R1L4 - Year 4, L1L8 - Year 3

Pre or Co-requisites

The module will cover the most important models in modern finance (CAPM and option pricing) in a very rigorous manner. For that purpose, students must feel comfortable with the required mathematical tools. In particular, students must have a good command of linear algebra (matrices and vectors), maximization with and with without constraints and basic concepts in probability and statistics.

Pre-requisites: Core first- and second-year Economics modules. EC121 or EC123 (except for students on Maths/Statistics/MORSE) AND EC201 and EC202 or EC204.

Summary:

Modules: (EC121-12 and EC201-30 and EC202-30) and (EC121-12 and EC204-30) and (EC123-12 and EC201-30 and EC202-30) and (EC123-12 and EC204-30)

Restrictions

May not be combined with modules IB253-15

Assessment

Assessment Method

Online Examination (100%)

Coursework Details

Online Examination (100%)

Exam Timing

Summer

Reading Lists