Global Finance and Investment

Course Structure

1. Research Methods introduces the basic elements of research methodology and the complete range of research methods suitable for research in finance, accounting and business. This module can also help to define a research topic for dissertation.
2. International Financial Markets and Institutions guides you through the role and function of the domestic and global financial system, non-deposit financial institutions and financial markets. This will cover interest rates, debt securities, equity markets and the foreign exchange market, as well as crises and regulation in financial sectors.
3. Econometrics introduces the theory and practice of basic econometric modelling techniques. You will examine simple linear regressions, multiple linear regressions, specification testing and misspecification testing. There will also be a focus on special cases in MLR, error-correction models, ARCH and GARCH modelling and time series forecasting.
4. Financial Derivatives gives a foundation on the nature and use of these complex financial instruments at an advanced level. You will learn about the derivative markets, the options market and the commodity, interest rate, currency and index futures. This module also covers using options on stock indexes, foreign currencies, equity securities and the swap market.
5. Investment Valuation presents various models and techniques of asset and firm valuation, measuring earnings, and estimating growth. You will also explore option pricing models, acquisitions and takeovers, valuing equities and bonds and credit analysis and modelling bankruptcy risk.
6. Behavioural Finance offers alternative explanations about why prices deviate from their fundamental values and why certain anomalies still persist in the marketplace. Psychological theories will be introduced to enhance your finance knowledge and develop models to improve predictability of stock prices.
7. Entrepreneurship Project offers students the opportunity to turn a business idea into a business plan, to conduct preminary research on the viability of the plan and receive feedback from experts.
8. Corporate Finance introduces key skills required for work in corporate finance. This module covers sources of funds for companies, investment needs, project appraisal and management of portfolios, risk measurement, relevance of capital structure and methods of company valuation.
9. Finance Theory explores consumption and investment decisions, state-preference theory and efficient capital markets theory. You will look at stock market anomalies, trading mechanisms and the role of derivative instruments and valuation models.