Module ECOS3261: SECURITY INVESTMENT ANALYSIS

Department: ECONOMICS FINANCE AND BUSINESS (BUSINESS FINANCE) [Queen's Campus, Stockton]

ECOS3261: SECURITY INVESTMENT ANALYSIS

Prerequisites

• All compulsory Level 1 and Level 2 modules and Corporate Finance (ECOS2011).

Corequisites

• None.

Excluded Combination of Modules

• None.

Aims

• The module seeks to build on the skills gained in level 2 Finance modules.
• In particular, the aim of this module is to provide a rigorous grounding in the theory and empirical applications of investment and portfolio management, focusing on both the theoretical concepts and empirical applications.

Content

• Current themes in investment analysis
• The following is an indication of the types of area to be covered: Mean-Variance Analysis of Individual Securities and Portfolios, Asset Pricing Models, Portfolio Performance Evaluation Process, International Portfolio Diversification, Contemporaneous Topics in Portfolio Management, Passive and Active Equity Portfolio Management, Technical Analysis, Fundamental Analysis: Market, Industry and Company Analysis, Valuation and Management of Bonds.

Learning Outcomes

• At the conclusion of the module students should:
• have knowledge and understanding of the tools of Portfolio Management and Investment Analysis and their application
• be able to appreciate the importance of the risk return relationship for Portfolio Management
• have had the opportunity to apply problem solving and analytical skills to asset allocation

• At the end of this module, students should be able to apply the tools they've acquired in order to set investment criteria, create and manage portfolios consisting of different assets, the most effluent manner gives the aims and environment restrictions

• Written Communication - through summative assessment.
• Planning and Organising - e.g. by observing the strict assignment deadlines and by preparing for the examination.

Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module

• Teaching is by lectures, tutorials and support for student-centred learning. Learning takes place through attendance at lectures, preparation for and participation in tutorial classes and private study (inlcuding student-centred learning). Formative assessment is by means of one piece of written work consisting of 5 nemerical and 5 theoretical questions. Summative assessment is by means of an unseen written examination of two and a quarter hours duration.

Teaching Methods and Learning Hours

Summative Assessment

Formative Assessment:

1500 word assignment. This will either be essay based or problem solving, or a combination of both.

■ Attendance at all activities marked with this symbol will be monitored. Students who fail to attend these activities, or to complete the summative or formative assessment specified above, will be subject to the procedures defined in the University's General Regulation V, and may be required to leave the University