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MN50319: Theory of financial decision making

Academic Year: 2018/9
Owning Department/School: School of Management
Credits: 6      [equivalent to 12 CATS credits]
Notional Study Hours: 120
Level: Masters UG & PG (FHEQ level 7)
Period:
Semester 1
Assessment Summary: CW 20%, EX 80%
Assessment Detail:
  • Essay (CW 0%)
  • Coursework (CW 20%)
  • Examination (EX 80%)
Supplementary Assessment:
Like-for-like reassessment (where allowed by programme regulations)
Requisites:
Description: Aims:
This unit is designed to provide students with fundamentals of financial decision-making theory and corporate policy.

Learning Outcomes:
At the end of the unit students will be expected to:
(a) calculate and assess appropriate investment appraisal criteria in a multi-period framework.
(b) understand theories of investors' behaviour under uncertainty.
(c) use and critically evaluate various techniques of asset pricing.

Skills:
1. Numeracy (T/A).
2. Problem-solving (F/A)
3. Critical Thinking (F/A)
4. Time management (F/A).
5. Writing skills (A).
6. Use of IT (F).

Content:
Consumption and Investment Decision-making, Theory of Choice under Uncertainty; Real Options; Investment Appraisal; Mean-Variance Theory; Capital Market Equilibrium; Cost of Capital; Basics of Derivatives and Hedging.
Programme availability:

MN50319 is Compulsory on the following programmes:

School of Management

Notes:

  • This unit catalogue is applicable for the 2018/19 academic year only. Students continuing their studies into 2019/20 and beyond should not assume that this unit will be available in future years in the format displayed here for 2018/19.
  • Programmes and units are subject to change in accordance with normal University procedures.
  • Availability of units will be subject to constraints such as staff availability, minimum and maximum group sizes, and timetabling factors as well as a student's ability to meet any pre-requisite rules.
  • Undergraduates: .
  • Postgraduates: .