|
 Academic Year:
| 2012/3 |
| Owning Department/School:
| School of Management |
| Credits:
| 6 |
| Level:
| Honours (FHEQ level 6) |
| Period: |
Semester 2 |
| Assessment:
| CW 20%, EX 80% |
| Supplementary Assessment: | Like-for-like reassessment (where allowed by programme regulations) |
| Requisites:
| Before taking this unit you must take MN20026 and take MN10311. Only students who have an aptitude for calculus, matrix-algebra and basics of stochastic processes are advised to take this unit. |
| Description:
| Aims: The module aims to provide students with understanding of fixed income securities and derivatives, their suitability for risk assessment and financial decision making. Learning Outcomes: By the end of this unit, the student should be able to: * value fixed income securities and derivatives * manage risk using derivatives * critically discuss current market events. Skills: Intellectual Skills * the facility to apply subject-specific knowledge into a range of complex situations; TFA * a critical awareness of current issues and frameworks in equity markets; F * the ability to acquire and analyse data, information and situations; to evaluate relevance and validity, and to synthesise it in the context of finance problems; FA * an understanding of appropriate research and methodological techniques that allow detailed investigation of problems and ability to use these skills to produce professional and critical reports. A Professional Practical Skills * evaluate the current standing of theories and empirical evidence and suggest improvements to them; TFA * operate effectively both independently as well as within teams and assume leadership roles where appropriate; FA * be self-directed and able to act autonomously in planning and implementing. F Transferable/Key Skills * ability to conduct in-depth research into finance problems. FA Personal/Interpersonal * the facility to communicate including presenting and marketing themselves and their ideas. FA Content:Interest rates, Bonds Valuation and Risk, Mortgages, MBS and CDOs, Securitization, Futures, Options pricing, Swaps, FX Derivatives, Credit Derivatives. |
| Programme availability: |
MN30507 is Optional on the following programmes:School of Management
|