Gwybodaeth Modiwlau
Course Delivery
Delivery Type | Delivery length / details |
---|---|
Lecture | 30 Hours. |
Seminars / Tutorials | 8 Hours. |
Assessment
Assessment Type | Assessment length / details | Proportion |
---|---|---|
Semester Exam | 3 Hours Unseen written examination | 80% |
Semester Assessment | Individual in-class test Coursework, representing 20% of overall module marks | 20% |
Supplementary Exam | 3 Hours Unseen written examination | 100% |
Learning Outcomes
On successful completion of this module students should be able to:
- Measure and evalute risk and return
* Distinguish between individual asset risk and systematic risk
* Apply key analytical techniques for investment analysis
* Evalute the practical relevance of classic theories of investment
* Analyse options and other derivative assets
* Analyse fixed income securities and the term structure of interest rates
Aims
This module aims to provide students with a thorough treatment of (i) the attributes and uses of key investment instruments; (ii) the investment problem; and (iii) investment decision making. From a foundation of theory, we use discursive and numerical approaches to unlock this fascinating area. The themes of investment value, return and risk run through the module.
Content
- Review of essential present value calculations
- Fixed income securities (bonds)
- The term structure of interest rates
- Review of essential statistics
- Equity securities (shares) and portfolio theory
- The capital asset pricing model and the arbitrage pricing theory
- Derivative financial instruments
- Review
Reading List
Supplementary TextBlake, D. Financial Market Analysis Primo search Bodie, Z. and Merton, R. Finance Primo search Brearley, R., Myers, S. and Allen, F. Principles of Corporate Finance Primo search Elton, E., Gruber. M., Brown, S. and Goetzmann, W. Modern Portfolio Theory and Investment Analysis Primo search Sharpe, W., Alexander, G. and Bailey, J. Investments Primo search
Notes
This module is at CQFW Level 6