RGU: RGU Module: Quantitative Methods For Finance (BSM004)

Module Title
Quantitative Methods For Finance

Keywords
Probability, Regression, Time Series, Factor Analysis, Future Value.

Reference

BSM004

SCQF Level

SCQF 11

SCQF Points

ECTS Points

7.5

Created

May 2002

Approved

November 2006

Amended

May 2011

Revision No.

Prerequisites for Module

None in addition to SCQF 11 entry requirement or equivalent.

Corequisite Modules

None.

Precluded Modules

None.

Aims of Module

To provide students with the quantative skills required to effectively analyse financial problems.

Learning Outcomes for Module

On completion of this module, students are expected to be able to:

1.	Apply and evaluate the key descriptive and mathematical techniques within the context of financial analysis.
2.	Apply and evaluate statistical inference and hypothesis testing techniques to specifc financial problems.
3.	Apply and evaluate the techniques of regression analysis and time series analysis to financial problems.
4.	Apply and evaluate principal components and factor analysis within the context of financial analysis.

Indicative Module Content

Present value, future value and interest rate mathematics, data presentation and descriptive statistics, probability distributions and asset returns, statistical inference techniques, ANOVA, MANOVA, regression analysis, basic time series analysis, principal components and factor analysis, limited dependent variable analysis. Throughout the module the students will be given training in, and make extensive use of, DATASTREAM.

Indicative Student Workload

Contact Hours	Full Time	Part Time	Distance Learning
Assessment	3	3	3
Lectures/Seminars	36	36	36
Directed Study
	36	36	36
Private Study
	75	75	75

Mode of Delivery

This is a lecture based course supplemented with tutorials/workshops and directed study.

Assessment Plan

	Learning Outcomes Assessed
Component 1	1,2
Component 2	3,4

Component 1 (40% weighting) is a closed book class test.

Component 2 (60% weighting) is an examination.

Indicative Bibliography

1.	CURWIN, J. and SLATER, R., 2008. Quantitative methods for business decisions. 6th ed. London: South Western Cengage Learning EMEA. ebook
2.	OAKSHOTT, L., 2009. Essential quantitative methods for business management and finance. 4th ed. Basingstoke: Palgrave Macmillan.
3.	WATSHAM, T.J. and PARRAMORE, K., 2009. Quantitative methods in finance. 2nd ed. Andover; Cengage Learning.