Module Identifier ACM2020  
Module Title ADVANCED FINANCE  
Academic Year 2003/2004  
Co-ordinator Professor Owain M Ap Gwilym  
Semester Semester 2 (Taught over 2 semesters)  
Course delivery Lecture   30 Hours 2 lectures per week  
Assessment
Assessment TypeAssessment Length/DetailsProportion
Semester Exam3 Hours  80%
Semester Assessment assessed essay  20%

Learning outcomes

On successful completion of this module students should be able to:
STUDENTS SHOULD BE ABLE TO ANALYSE AND EVALUATE THEORETICAL AND PRACTICAL ASPECTS OF THE FOLLOWING AREAS:





Aims

(i) To provide theoretical and practical perspectives on asset pricing, financial markets and financial intermediaries;
(ii) To demonstrate important theoretical and empirical findings from the research literature.

Content

1: A review of asset pricing
2: The state preference framework and option pricing
3: Evidence on the rational perspective
4: The behavioural perspective
5: Selected current issues in financial markets
6: Theories of financial intermediation
7: Capital adequacy and balance sheet management
8: Selected current issues for financial institutions

Reading Lists

Books
Journal articles will be the main source of material, with references given each week

Notes

This module is at CQFW Level 7