- Student Records
Programme & Unit Catalogues

ES50106: Financial investment management

Follow this link for further information on academic years Academic Year: 2019/0
Further information on owning departmentsOwning Department/School: Department of Economics
Further information on credits Credits: 6      [equivalent to 12 CATS credits]
Further information on notional study hours Notional Study Hours: 120
Further information on unit levels Level: Masters UG & PG (FHEQ level 7)
Further information on teaching periods Period:
Semester 1
Further information on unit assessment Assessment Summary: CW 30%, EX 70%
Further information on unit assessment Assessment Detail:
  • Coursework (CW 30%)
  • Examination (EX 70%)
Further information on supplementary assessment Supplementary Assessment:
ES50106 Reassessment (where allowed by programme regulations)
Further information on requisites Requisites: While taking this module you must take ES50074 AND take ES50105
Further information on descriptions Description: Aims:
The aim of this module is to develop a critical understanding of how modern corporations and managers operate within the global economy and financial markets. It will introduce key theories, methodologies, tools, best practices and evidence used by managers in financial and investment decision making. Emphasis will be placed on discussing the different types, functions and participants of financial markets along with how financial assets and portfolios are created, traded and priced.

Learning Outcomes:
By the end of the module students will
* have acquired a thorough understanding of the characteristics of different financial assets and derivate markets: money market instruments, bonds, and stocks, and how to buy and sell these assets in financial markets.
* understand the benefits of diversification and risk management based on the investors' objectives in constructing portfolios of assets, and the importance played by the market portfolio/chosen index
* know how to use data in order to obtain asset valuations using models and price fixed income securities, stocks, and how to use different derivative securities to manage their investment risks.

Analytical skills: modelling skills essential in arriving at fully informed investment and resource allocation decisions (T/F/A)
Quantitative skills: data analysis, problem solving skills based on quantitative Information, probability evaluation of risky outcomes (T/F/A)
Writing skills: Ability to express the problems and derived solutions in a cogent, disciplined and clear manner (T/F/A)

Financial theories: portfolio theory, the linear asset pricing models
Equity and equity options
Fixed income instruments and fixed income derivatives
Credit market and credit derivatives
Portfolio managers' performance measurement
Basic principles of behavioural finance
Evaluation of empirical/econometric evidence.
Further information on programme availabilityProgramme availability:

ES50106 is Optional on the following programmes:

Department of Economics