Financial Markets: Theory and Computation
| Code | School | Level | Credits | Semesters |
| BUSI3184 | Business | 3 | 20 | Full Year UK |
- Code
- BUSI3184
- School
- Business
- Level
- 3
- Credits
- 20
- Semesters
- Full Year UK
Summary
The module examines the workings of the major financial markets. Markets for equity and debt are dealt with as are markets for derivative instruments. The module covers the key theoretical models of modern finance, key market conventions and mechanisms, financial risk management with derivative instruments. It also provides students with a knowledge and understanding of the key finance subjects such as return metric, portfolio models, asset pricing models, CFA Ethics etc. It equips students with the essential techniques applied in financial calculations. The course will also integrate application areas in finance which have already been introduced to students, or which are being introduced to students concurrently.
Target Students
Available to Part II Business School and BSc Hons Financial Mathematics undergraduate students who have taken BUSI2146 OR BUSI2156 OR BUSI2151 - Corporate Finance. Also available to Exchange students.
Co-requisites
Modules you must take in the same academic year, or have taken in a previous year, to enrol in this module:
Classes
- One 1-hour seminar each week for 4 weeks
- One 2-hour lecture each week for 22 weeks
Assessment
- 50% Exam 1 (2-hour): In-person written exam (Autumn)
- 50% Exam 2 (2-hour): In-person written exam (Spring)
Assessed in both autumn & spring semest
Educational Aims
To understand the key mechanism, major elements and contemporary issues of major financial markets. To introduce students to the process and theory of financial risk management with derivative instruments. To provide students with the skills and ideas necessary to solve financial problems.Learning Outcomes
Knowledge and Understanding: This module develops a knowledge and understanding of:
• The dynamic and changing nature of business and the consideration of the future of organisations within the global business environment, including the management of risk.
• The development, access and operation of markets for resources, goods and services.
• The sources, uses and management of finance.
• The use of accounting and other information systems for planning, control, and decision-making.
• The use of accounting and other information systems for managing financial risk.
• The development of appropriate policies and strategies within a changing environment to meet stakeholder interests.
• The use of risk management techniques and business continuity planning to help maximise achievement of strategic objectives.
• Economic policy with an understanding of analytical methods and model-based argument and of different methodological approaches and their strengths and limitations.
Intellectual skills: This module develops:
• The ability to analyse facts and circumstances to determine the cause of a problem and identifying and selecting appropriate solutions.
• The ability to analyse and evaluate a range of business data, sources of information and appropriate methodologies, which includes the need for strong digital literacy, and to use that research for evidence-based decision-making.
• Conceptual and critical thinking, analysis, synthesis and evaluation
Professional practical skills: This module develops:
• Numeracy and quantitative skills to manipulate data, evaluate, estimate and module business problems, functions and phenomena.
• The ability to apply business models to business problems and phenomena.
• The ability to understand the operation of the macroeconomy.