15 credits, Level 7 (Masters)
In this module, you are introduced to finance theory, and its practical applications for investors, analysts and portfolio managers.
You start with a detailed review of the concepts of risk and return, and an assessment of portfolio theory, the capital asset pricing and other pricing models for risky assets.
In the second part of the module, you assess market efficiency, pricing anomalies and behavioural finance, and then consider the implications for hedging, speculation and arbitrage.
In the final part of the module, you look at specific financial instruments including debt markets, foreign exchange markets and derivative markets, including
options, forwards, futures and swaps.
30%: Coursework (Test)
70%: Written assessment (Report)
Contact hours and workload
This module is approximately 150 hours of work. This breaks down into about 33 hours of contact time and about 117 hours of independent study. The University may make minor variations to the contact hours for operational reasons, including timetabling requirements.
We regularly review our modules to incorporate student feedback, staff expertise, as well as the latest research and teaching methodology. We’re planning to run these modules in the academic year 2021/22. However, there may be changes to these modules in response to COVID-19, staff availability, student demand or updates to our curriculum. We’ll make sure to let our applicants know of material changes to modules at the earliest opportunity.