Form C4
1. Course
Code
Heriot-Watt University - Course Descriptor
C38FM
2. Course
Financial Markets Theory
Title
School of Management and Languages
3. SCQF 8
4. Credits 15
Level
6. Course
Professor Mustafa Caglayan
Co-ordinator
5. School
7. Delivery:
Location &
Semester
Edin
SBC
Orkney
Dubai
IDL
Collaborative Partner
Approved Learning Partner
Sem 1
Sem…….
Sem………..
Sem 1
Sem…1
Name…………………….....Sem..…...
Name See attached list…Sem…1……..
8. Pre-requisites
C37FI Introduction to Finance
9. Linked Courses
(specify if synoptic)
10. Excluded Courses
C38FN Corporate Financial Theory
11. Replacement Courses
Code:
12. Degrees for which
this is a core course
Date Of Replacement:
13. The course may be
delivered to:
UG only
PG only
UG & PG
MA in Accountancy and Finance, MA in Business and
Finance, MA in Economics and Finance, MA in Accountancy,
MA in Finance and Business Law, BSc Mathematics with
Finance.
14. Available as an Elective?
Yes
No
15. Aims
To introduce students to modern portfolio theory, and then to acquire and develop understanding, knowledge and skills related to investment and portfolio theory.
16. Syllabus
1.
2.
3.
4.
5.
6.
7.
8.
9.
The role and structure of securities markets
Shares and risk
Utility theory
Risk and return of a portfolio
Capital Asset Pricing Model
Appraisal of investment performance and fundamental analysis of share value
Efficient Markets Hypothesis
The need for regulation of financial markets
The regulatory structure in the UK
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Form C4
Heriot-Watt University - Course Descriptor
17. Learning Outcomes (HWU Core Skills: Employability and Professional Career Readiness)
Subject Mastery
Understanding, Knowledge and Cognitive
Skills
Scholarship, Enquiry and Research (Research-Informed Learning)
After completing this course, students should be able to
o
o
o
o
Personal Abilities
critically evaluate the role of financial markets, in particular the equity market, in economic systems,
explain the main principles involved in investment analysis and the management of equity portfolios,
understand and explain the main components and functioning of a developed financial system,
understand the need for, and principles of, regulation and the regulatory structure in the UK.
Industrial, Commercial & Professional Practice
Autonomy, Accountability & Working with Others
Communication, Numeracy & ICT
After completing this course, students should be able to
o
o
o
carry out the calculations required to apply the principles of investment analysis to simple numerical examples,
communicate, and justify, these calculations in an effective way in written format,
understand the operations and responsibilities of the various professional and regulatory bodies responsible for the operations and stability of
the financial system and their role in career paths.
18. Assessment Methods
Method
19. Re-assessment Methods
Duration of Exam
Weighting (%)
Synoptic courses?
Method
(if applicable)
Coursework
Examination
ALPs only: Examination
2 Hours
2 Hours
Duration of Exam
Diet(s)
(if applicable)
30%
70%
100%
None
None
Examination
2 hours
Resit
Examination
2 hours
Resit
20. Date and Version
Date of Proposal
April 2011
Date of Approval by
School Committee
Date of
Implementation
September 2011
Version
Number
2/2
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