Module Database Search
| MODULE DESCRIPTOR | |||
|---|---|---|---|
| Module Title | |||
| Finance Theory | |||
| Reference | BSM002 | Version | 7 |
| Created | January 2024 | SCQF Level | SCQF 11 |
| Approved | July 2019 | SCQF Points | 15 |
| Amended | March 2024 | ECTS Points | 7.5 |
| Aims of Module | |||
|---|---|---|---|
| The aim of this module is to enable students to critically assess the theories and principles of finance and develop these theories to analyse the behaviour of financial markets and institutions. | |||
| Learning Outcomes for Module | |
|---|---|
| On completion of this module, students are expected to be able to: | |
| 1 | Appraise the development of the various theories and models underlying finance. |
| 2 | Critically evaluate the theories and models of portfolio risk, return and asset pricing. |
| 3 | Deal with the relevant theories and models to analyse fixed income securities. |
| 4 | Synthesise the notion of financial markets efficiency and behavioural finance. |
| 5 | Make informed judgements on the contemporary issues and current developments in finance. |
| Indicative Module Content |
|---|
| Risk and return; Portfolio theory; Capital asset pricing model, Arbitrage pricing theory; Bond Valuation, Term structure of interest rates; Forward rates, Efficient market theory; Behavioural finance; Sustainable Finance |
| Module Delivery |
|---|
| This is a lecture-based course supplemented by tutorials and directed learning. |
| Indicative Student Workload | Full Time | Part Time |
|---|---|---|
| Contact Hours | 36 | N/A |
| Non-Contact Hours | 114 | N/A |
| Placement/Work-Based Learning Experience [Notional] Hours | N/A | N/A |
| TOTAL | 150 | N/A |
| Actual Placement hours for professional, statutory or regulatory body |
| ASSESSMENT PLAN | |||||
|---|---|---|---|---|---|
| If a major/minor model is used and box is ticked, % weightings below are indicative only. | |||||
| Component 1 | |||||
| Type: | Examination | Weighting: | 100% | Outcomes Assessed: | 1, 2, 3, 4, 5 |
| Description: | Closed book examination. | ||||
| MODULE PERFORMANCE DESCRIPTOR | |
|---|---|
| Explanatory Text | |
| Component 1 comprises 100% of the module grade. To pass the module, a D grade is required. | |
| Module Grade | Minimum Requirements to achieve Module Grade: |
| A | A |
| B | B |
| C | C |
| D | D |
| E | E |
| F | F |
| NS | Non-submission of work by published deadline or non-attendance for examination |
| Module Requirements | |
|---|---|
| Prerequisites for Module | Basic understanding of time value of money (compounding and discounting), Basic understanding of statistical concepts like mean and standard deviation. |
| Corequisites for module | None. |
| Precluded Modules | None. |
| INDICATIVE BIBLIOGRAPHY | |
|---|---|
| 1 | BERK, J. and DeMARZO, P., 2022. Corporate finance - the core. 5th ed. Boston: Pearson |
| 2 | BREALEY, R. A., MYERS, S. C. and FRANKLIN. A., 2023. Principles of corporate finance. 14th ed. McGraw Hill |
| 3 | HILLIER, D., GRINBLATT, M. and TITMAN, S., 2023. Financial markets and corporate strategy. 3rd ed. McGraw-Hill |
| 4 | COPELAND, T. E., WESTON, J. F. and SHASTRI. K., 2014. Financial theory and corporate policy. 4th ed. Pearson |