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
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:
- understanding the key theories of finance
- what money is, its use in financial markets and the importance of ethical finance
- the importance and use of hedging in financial markets, as well as now to value them
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
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 |
|---|---|
| Preparation for scheduled sessions | 10 |
| Revision | 27 |
| Follow-up work | 49 |
| Tutorial | 10 |
| Lecture | 24 |
| Completion of assessment task | 30 |
| Total study time | 150 |
Resources & Reading list
Textbooks
Arthur J. Keown, John D. Martin, J. William Petty (2016). Foundations of Finance. Pearson.
Assessment
Formative
Formative assessment description
Digital presentation Written assessment In-class activitiesSummative
Summative assessment description
| Method | Percentage contribution |
|---|---|
| Group work | 20% |
| Written assessment | 80% |
Referral
Referral assessment description
| Method | Percentage contribution |
|---|---|
| Written assessment | 100% |
Repeat
Repeat assessment description
| Method | Percentage contribution |
|---|---|
| Digital presentation | 20% |
| Written assessment | 80% |
Repeat Information
Repeat type: Internal & External