Coursework

1 - Set exercises - 30

Exam

2 - Written exam - 70

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<ul><li>Overview of investment theory  </li><li>Money-market instruments  </li><li>Conventional bonds </li><li>Term-structure of interest rates  </li><li>Floating rate and indexed bonds  </li><li>Equity valuation model </li><li>Stock market anomalies and inefficiencies </li><li>Portfolio management and performance measurement</li><li>Career-focused sessions on Negotiation Skills, Networking and LinkedIn</li></ul>

Feedback is provided in a number of ways throughout your module. This includes feedback you receive during teaching from both peers and lecturers and that provided for formative assessment. Following an assessment, you will be given your marks and feedback in line with the assessment regulations and policy. More information on the timing and type of feedback that will be provided for each assessment will be available from the module leader. <a href='https://www.citystgeorges.ac.uk/about/governance/policies/student-policies-and-regulations'>https://www.citystgeorges.ac.uk/about/governance/policies/student-policies-and-regulations</a>

This module will support the development of all the graduate attributes. Your module leader will provide you with information about how your learning, teaching and assessment activities support your development of these attributes. The graduate attributes are: - Always learning - Engaged in the world - Technical and digital - Connected Professional - Creating Impact

Self-directed - 

In-Person - 

Hybrid - 

Options, Futures and Other Derivatives

Investments

Financial Markets

Container 1

IF2207 - Financial Markets

IF2207-PRD2-PER-ALV1

A variety of learning and teaching methods will be used in this course. 
Lectures are used to introduce context, concepts and techniques illustrated with practical and current examples. You will also have the opportunity to participate in class discussions and work through examples and exercises with the support of the lecturer. It is strongly recommended that you attend ALL lectures.  
Tutorials are used to explore the concepts and practices covered in the lectures in more detail. Specifically, they are used primarily to demonstrate technical material, although some discussion and analysis will accompany the practical techniques. Tutorials take place in smaller groups and you are expected to interact with the tutor and other students. 
Key learning and teaching resources will be put on the module website on Moodle.  
Self-directed learning hours are for independent study and account for the minimum amount of time you should spend studying independently.  For example,  carrying out subject research, practicing and reflecting on techniques learned in class, reading widely around the subject to develop a deeper understanding, carrying out activities using the VLE, attending induction and career development workshops, working in groups to complete assignments and presentations, and completing individual assignments and other homework.

Derive expected returns and variance of returns for a portfolio of securities using returns data of individual securities. 

Skills

Evaluate the state of the on-going debates in finance concerning appropriate asset pricing models and market efficiency 

Values and attitudes

Describe Market Efficiency Theory and evaluate its implications and its empirical support.  

Knowledge

Explain cutting edge academic debates related to the module contents 

Develop and apply the Capital Asset Pricing model (CAPM) 

Develop theories for understanding the Term Structure of Interest Rates  

Explain the various sides of an academic debate 

Derive the links between Forward Interest Rates and Spot Rates 

Explain the benefits of a prudent approach to equity and bond portfolio management. 

Evaluate the empirical evidence for the CAPM and thus justify the need for alternative models, such as the Arbitrage Pricing Theory and the 3 Factor Fama-French Model  

Develop strategies that allow one to hedge the value of a bond portfolio against changes in interest rates. 

Calculate the value the equity of a firm using a variety of techniques including CAPM, APT, dividend discount and price-earnings approaches. 

Explain and critically evaluate the Markowitz Portfolio Choice Model  

Explain regression analysis and be able to interpret the regression results contained in academic papers 

Apply Duration measures to evaluate bond portfolio risk  