School of Management, Unit Catalogue 2009/10 |
MN50319: Theory of financial decision making |
 Credits:
| 6 |
| Level:
| Masters |
| Period: | Semester 1 |
| Assessment:
| CW 20%, EX 80% |
| Supplementary Assessment: | Like-for-like reassessment (where allowed by programme regulations) |
| Requisites:
| |
| Description: | Aims: This unit is designed to provide students with fundamentals of financial decision-making theory and corporate policy. Learning Outcomes: At the end of the unit students will be expected to: (a) calculate and assess appropriate investment appraisal criteria in a multi-period framework. (b) understand theories of investors' behaviour under uncertainty. (c) use and critically evaluate various techniques of asset pricing. Skills: 1. Numeracy (T/A). 2. Problem-solving (F/A) 3. Critical Thinking (F/A) 4. Time management (F/A). 5. Writing skills (A). 6. Use of IT (F). Content: Consumption and Investment Decision-making, Theory of Choice under Uncertainty; Real Options; Investment Appraisal; Mean-Variance Theory; Capital Market Equilibrium; Cost of Capital; Basics of Derivatives and Hedging. |