| CODE | BFI5331 | ||||||||||||
| TITLE | Advanced Investments and Finance | ||||||||||||
| UM LEVEL | 05 - Postgraduate Modular Diploma or Degree Course | ||||||||||||
| MQF LEVEL | 7 | ||||||||||||
| ECTS CREDITS | 5 | ||||||||||||
| DEPARTMENT | Banking, Finance and Investments | ||||||||||||
| DESCRIPTION | This study-unit b provides students with an advanced overview of the theory, tools and terminology of investments from a finance point of view together with their application. In order to maximise knowledge and skills transfers’, the material covered in this study-unit focuses on advanced investment principles in both the fixed income market and equity market. Successful completion of this study-unit enables students to acquire the advanced knowledge and skills required to pursue a career that involves providing and implementing investment advice. This study-unit covers portfolio theory and practice, asset-pricing and equilibrium in capital markets, fixed-income securities, security analysis, international investment, investment fraud and scams and applied portfolio management. Study-Unit Aims: The study-unit aims to provide students with advanced knowledge of financial markets in both the fixed income and equity market by covering latest investment trends. It aims at covering all aspects of investments from identification of successful trading strategies to conceptualisation of investment products. The study-unit also aims at covering important aspects of the investment advisor/client relationship including coverage of investment scams and investment fraud as well as investment complaints and investment redress. Learning Outcomes: 1. Knowledge & Understanding: By the end of the study-unit the student will be able to: 1. Explain why investment decision are important for corporations; 2. List the various forms of investment scams and frauds; 3. Describe advanced trading strategies that can be used in equity or fixed income markets; 4. Explain historical returns for stocks, bonds, treasury bills and gold over the last 100 years; 5. Discuss what are the sources of outperformance in equity markets; 6. Describe the APT and factor asset pricing theories and be able to apply them; 7. Outline the latest trends in equity finance research and how empirical research is done in equities and bond markets. 2. Skills: By the end of the study-unit the student will be able to: 1. Identify, back test and evaluate trading strategies; 2. Identify, analyse and use historical data to formulate winning trading strategies; 3. Compute returns using APT and factor asset pricing models; 4. Recommend individual equities based on characteristics proven to provide higher returns over time; 5. Provide investment advice to prospective clients taking into account their constraints; 6. Conduct empirical research on the fixed income or equity market. Main Text/s and any supplementary readings: Main Texts: - Bodie, Zvi., Alex Kane, and Alan J. Marcus. Investments. 10th ed. McGraw-Hill Education, 2014. Print. The McGraw-Hill/Irwin Ser. in Finance, Insurance and Real Estate. Supplementary Readings: - Mann, Steven V, and Frank J Fabozzi. Introduction to Fixed Income Analytics. 2nd ed. Vol. 191. Hoboken: Wiley, 2010. The Frank J. Fabozzi Ser. Web. - Fabozzi, Frank J. Bond Markets, Analysis, and Strategies. 7th ed. Prentice-Hall, 2008. Print. - Fabozzi, Frank J, Sergio M Focardi, and Petter N Kolm. Quantitative Equity Investing. 1st ed. Hoboken: WILEY, 2010. The Frank J. Fabozzi Ser. Web. - Other academic articles to be provided as study-unit is delivered. |
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| ADDITIONAL NOTES | Pre-requisite Qualifications: B.Com. (Hons.) Banking & Finance, B.Com. Banking & Finance Major or equivalent | ||||||||||||
| STUDY-UNIT TYPE | Lecture | ||||||||||||
| METHOD OF ASSESSMENT |
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| LECTURER/S | Robert M. Suban |
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The University makes every effort to ensure that the published Courses Plans, Programmes of Study and Study-Unit information are complete and up-to-date at the time of publication. The University reserves the right to make changes in case errors are detected after publication.
The availability of optional units may be subject to timetabling constraints. Units not attracting a sufficient number of registrations may be withdrawn without notice. It should be noted that all the information in the description above applies to study-units available during the academic year 2024/5. It may be subject to change in subsequent years. |
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