Programme Summary and Regulations 2011-2012 - EMFSS individual courses (New Regulations)

Table of Contents

1. Regulations for the provision of individual courses in the fields of Economics, Management, Finance and the Social Sciences (EMFSS)
2. Important information regarding the Programme Summary and Regulations
3. Summary of provision for individual courses
4. Detailed Regulations for the provision of individual courses
5. Annex A - Individual courses
6. Annex B - Syllabuses for Economics, Management, Finance and the Social Sciences
   1. AC1025 Principles of accounting
   2. AC3059 Financial management
   3. AC3091 Financial reporting
   4. AC3093 Auditing and assurance
   5. AC3097 Management accounting
   6. AC3143 Valuation and securities analysis
   7. DV1171 Introduction to international development
   8. DV2169 Economic policy analysis in international development
   9. DV3044 Economics of development
   10. DV3162 Complex emergencies and humanitarian responses
   11. DV3165 Development management
   12. DV3166 Global environmental problems and politics
   13. EC1002 Introduction to economics
   14. EC2020 Elements of econometrics
   15. EC2065 Macroeconomics
   16. EC2066 Microeconomics
   17. EC2096 Economic history in the 20th century
   18. EC3015 Economics of labour
   19. EC3016 International economics
   20. EC3022 Public economics
   21. EC3099 Industrial economics
   22. EC3115 Monetary economics
   23. EC3120 Mathematical economics
   24. FN1024 Principles of banking and finance
   25. FN2029 Financial intermediation
   26. FN3023 Investment management
   27. FN3092 Corporate finance
   28. FN3142 Quantitative finance
   29. GY1009 Human geography
   30. GY1147 Physical geography: fundamentals of the physical environment
   31. GY1148 Methods of geographical analysis (half course)
   32. GY2109 Geographies of development
   33. GY2149 Biogeography
   34. GY2150 Geomorphological processes
   35. GY2151 Environmental change
   36. GY2152 Hydrology
   37. GY2164 Economic geography
   38. GY3068 Society and the environment
   39. GY3153 Space and culture
   40. GY3154 Geomorphological applications
   41. GY3155 Biodiversity
   42. GY3156 Tropical land management
   43. GY3157 Independent geographical study
   44. IR1011 Introduction to international relations
   45. IR1034 World history since 1917
   46. IR2084 Nationalism and international relations
   47. IR2085 International institutions
   48. IR2137 Foreign policy analysis
   49. IR3026 International political economy
   50. IR3083 International political theory
   51. IR3140 Security and international relations
   52. IS1060 Introduction to information systems
   53. IS1168 Introduction to computer systems architecture and programming
   54. IS2062 Information systems development and management
   55. IS2136 Information systems and organisations
   56. IS2138 Information and communication technologies: principles and perspectives
   57. IS3139 Software engineering: theory and application
   58. IS3159 Research project in information systems
   59. IS3167 Management and Innovation of e-business
   60. MN1107 Introduction to business and management
   61. MN2079 Elements of social and applied psychology
   62. MN3027 The law of business organisations
   63. MN3028 Managerial economics
   64. MN3032 Management science methods
   65. MN3075 Human resource management
   66. MN3077 Management: international and comparative perspectives
   67. MN3119 Strategy
   68. MN3127 Organisation theory: an interdisciplinary approach
   69. MN3141 Principles of marketing
   70. MT105A Mathematics 1 (half course)
   71. MT105B Mathematics 2 (half course)
   72. MT1173 Algebra
   73. MT1174 Calculus
   74. MT2076 Management mathematics
   75. MT2116 Abstract mathematics
   76. MT2176 Further calculus (half course)
   77. MT2175 Further linear algebra (half course)
   78. MT3040 Game theory (half course)
   79. MT3041 Advanced mathematical analysis (half course)
   80. MT3042 Optimisation theory (half course)
   81. MT3043 Mathematics of finance and valuation (half course)
   82. MT3095 Further mathematics for economists
   83. MT3170 Discrete mathematics and algebra
   84. PS1114 Democratic politics and the State
   85. PS1130 Introduction to modern political thought
   86. PS2082 Comparative politics
   87. PS3086 Democracy and democratisation
   88. PS3088 Politics and policies of the European Union
   89. PS3108 Political analysis and public choice
   90. SC1021 Principles of sociology
   91. SC1158 Reading social science (half course)
   92. SC2145 Social research methods
   93. SC2163 Sociological theory and analysis
   94. SC3057 Social policy
   95. SC3144 Historical sociology
   96. SC3160 Population and society
   97. ST104A Statistics 1 (half course)
   98. ST104B Statistics 2 (half course)
   99. ST3133 Advanced statistics: distribution theory (half course)
   100. ST3134 Advanced statistics: statistical inference (half course)
7. Annex C - Assessment Criteria
8. Glossary of terms
9. Related documents and other sources of information

FN3142 Quantitative finance

Note

Students may bring into the examination hall their own hand held electronic calculator. If calculators are used they must satisfy the requirements listed in Section 3 Assessment.

Prerequisites (applies to degree students only)

EC2066 Microeconomics and EC2020 Elements of econometrics.

Rules (applies to degree students only)

This course must be taken at the same time as, or after FN3092 Corporate finance.

Syllabus

Building on concepts introduced in course FN3092 Corporate finance and course EC2020 Elements of econometrics, this course introduces econometric tools related to time-series analysis and applies them to study issues in asset pricing, investment theory, risk analysis and management, market microstructure, and return forecasting.

Topics addressed by this course are:

• Concepts and measures of risk;
• Time-series analysis;
• Empirical tests of the Capital Asset Pricing Model (CAPM) and Arbitrage Pricing Theory (APT);
• Market risk models;
• Models of financial market correlations and dependence;
• Data mining and technical trading;
• Risk management;
• Asset allocation decisions;
• Market microstructure.

This course is quantitative by nature. It aims however to investigate practical issues in the forecasting of key financial market variables and makes use of a number of real-world data sets and examples.