Special Topics in Finance

Third year module

This module deals with the theory and practice of the capital markets from the viewpoint of investors. Initially the course looks at, portfolio theory, the equilibrium capital asset pricing models and efficient markets, moving on to fixed income securities and discussing various aspects of portfolio management.
The second half of the course starts with the valuation and uses of financial derivatives, global investing, the foreign exchange rate and discussions on how this can be hedged, and finally considering the factors influencing global investing.

Learning Outcomes

By the end of the module the student should be able to understand:

  • The nature and scope of financial markets and the role of investors
  • The risks and rewards of investment in financial securities
  • Portfolio theory
  • Market Efficiency and its impact on investment policy
  • Valuation and managementof fixed income securities
  • Portfolio performance evaluation and management

Assessment

  • 3hr unseen written examination