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ES50119: Applied financial economics

[Page last updated: 02 August 2022]

Academic Year: 2022/23
Owning Department/School: Department of Economics
Credits: 6 [equivalent to 12 CATS credits]
Notional Study Hours: 120
Level: Masters UG & PG (FHEQ level 7)
Period:
Semester 2
Assessment Summary: CW 30%, EX 70%
Assessment Detail:
  • Coursework (CW 30%)
  • Exam (EX 70%)
Supplementary Assessment:
Like-for-like reassessment (where allowed by programme regulations)
Requisites: Before taking this module you must take ES50114
Learning Outcomes: By the end of this unit, the student should be able to:
* Assess financial decision-making;
* Evaluate the value of securities;
* Use securities to meet investment objectives;
* Analyse the decision of companies with respect to capital structure and dividend policy.

Aims: The aim of this unit is to provide students with an overview of decision-making in a financial context and how this affects the valuation and use of securities.

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 finance; 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
Professional Practical Skills
* evaluate the current standing of theories and empirical evidence; 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: Financial decision-making, investment appraisal, portfolio theory, asset pricing models, derivatives pricing, fixed income securities, corporate financial decisions.

Programme availability:

ES50119 is a Designated Essential Unit on the following programmes:

Department of Economics
  • THES-AFM14 : MSc Applied Economics with Banking & Financial Markets

ES50119 is Optional on the following programmes:

Department of Economics

Notes:

  • This unit catalogue is applicable for the 2022/23 academic year only. Students continuing their studies into 2023/24 and beyond should not assume that this unit will be available in future years in the format displayed here for 2022/23.
  • Programmes and units are subject to change in accordance with normal University procedures.
  • Availability of units will be subject to constraints such as staff availability, minimum and maximum group sizes, and timetabling factors as well as a student's ability to meet any pre-requisite rules.
  • Find out more about these and other important University terms and conditions here.