Module overview
The module develops an understanding of the role Finance has in the world today by examining topics such as Ethical Finance, compounding and discounting cash flows, as well as an introduction to risk management. This module is critical for laying the foundations for future modules in Finance and therefore is an excellent introductory module for any student looking for further their studies in Finance.
Aims and Objectives
Learning Outcomes
Transferable and Generic Skills
Having successfully completed this module you will be able to:
- demonstrate competence generally in numerical analysis and problem solving
- demonstrate effective written and/or oral communication
Subject Specific Intellectual and Research Skills
Having successfully completed this module you will be able to:
- apply key understanding of finance topics such as compounding, the time value of money and the purpose of the financial system
Knowledge and Understanding
Having successfully completed this module, you will be able to demonstrate knowledge and understanding of:
- the importance and use of hedging in financial markets, as well as now to value them
- what money is, its use in financial markets and the importance of ethical finance
- understanding the key theories of finance
Syllabus
Ethical Finance
Compounding and Discounting
Banking and Money
Arrow-Debreu security
Cost of capital
An introduction to financial risk management.
An introduction to the relationship between risk and return
Hedging
Learning and Teaching
Teaching and learning methods
- Lectures.
- Weekly classes.
- Workshops.
- Private Study, including reading and working computational problems.
Type | Hours |
---|---|
Tutorial | 10 |
Completion of assessment task | 30 |
Lecture | 24 |
Revision | 27 |
Follow-up work | 49 |
Preparation for scheduled sessions | 10 |
Total study time | 150 |
Resources & Reading list
Textbooks
Arthur J. Keown, John D. Martin, J. William Petty (2016). Foundations of Finance. Pearson.
Assessment
Formative
This is how we’ll give you feedback as you are learning. It is not a formal test or exam.
In-class activities
- Assessment Type: Formative
- Feedback: Feedback from in-class activities will be provided in the classes and further feedback can be sought from the module leader during their office hours.
- Final Assessment: No
- Group Work: No
Summative
This is how we’ll formally assess what you have learned in this module.
Method | Percentage contribution |
---|---|
Group work | 20% |
Examination | 80% |
Referral
This is how we’ll assess you if you don’t meet the criteria to pass this module.
Method | Percentage contribution |
---|---|
Examination | 100% |
Repeat
An internal repeat is where you take all of your modules again, including any you passed. An external repeat is where you only re-take the modules you failed.
Method | Percentage contribution |
---|---|
Digital presentation | 20% |
Examination | 80% |
Repeat Information
Repeat type: Internal & External