|
 Academic Year: |
2014/5 |
| Owning Department/School: |
School of Management |
| Credits: |
6 |
| Level: |
Honours (FHEQ level 6) |
| Period: |
Semester 1 |
| Assessment Summary: |
CW 20%, EX 80% |
| Assessment Detail: |
|
| Supplementary Assessment: |
Like-for-like reassessment (where allowed by programme regulations) |
| Requisites: |
Before taking this unit you must take MN10311 and take MN20026. Only students who have an aptitude for calculus, matrix-algebra and basic econometrics are advised to take this unit. |
| Description: |
Aims: The module aims to provide students with: * understanding of fundamental theoretical concepts of equity valuation and investment * applications of the theory to practically evaluate equity * construct, manage and evaluate portfolios. Learning Outcomes: By the end of this unit, the student should be able to: * value equity * construct investment portfolios * assess portfolio performance * critically discuss current equity 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: Investment decisions under certainty, investment decisions under uncertainty, investors rationality, risk aversion, Mean-variance approach, optimal portfolio and diversification, asset pricing models, market efficiency, portfolio valuation and management, development of equity markets (emerging markets, consolidation, integration, cross-listing, etc.). |
| Programme availability: |
MN30506 is Optional on the following programmes:School of Management
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