This is an archived handbook for a previous year. The current undergraduate and postgraduate handbooks can be viewed using the links above.
Postgraduate Handbook 2015-2016 (archived)
Module ECON40715: INTERNATIONAL FINANCIAL ASSET MANAGEMENT
Department: Business School (Economics and Finance)
ECON40715: INTERNATIONAL FINANCIAL ASSET MANAGEMENT
| Type | Level | Credits | Availability | Module Cap | Location |
|---|---|---|---|---|---|
| Tied | 4 | 15 | Available in 2015/2016 | Durham |
Tied To
- L1K109: Economics and Finance (see Postgraduate Handbook 2012-2013 for details)
- L1K609: International Money, Finance and Investment (see Postgraduate Handbook 2011-2012 for details)
- L1K709: Finance (see Postgraduate Handbook 2011-2012 for details)
- N3K109: Finance
- N3K509: Finance (International Money, Finance and Investment)
- N3K709: Finance (Economics and Finance)
- N3K809: Islamic Finance
Pre-requisites
- None
Corequisites
- Advanced Financial Theory (ECON41215)
Excluded Combinations
- None
Aims
- The module aims to:
- develop students' advanced knowledge and critical understanding of key theoretical and empirical issues in international financial asset management including international diversification, and asset pricing;
- develop students' ability to critically review this specialised complex area of knowledge with a view to undertaking future research in this area.
Content
- Portfolio allocations under certainty and uncertainty;
- International portfolio diversification issues;
- Asset pricing;
- Puzzles in international finance - e.g. home bias puzzle, exchange rates puzzle, equity premium puzzle.
Learning Outcomes
Subject-specific Knowledge
- have explored, understood and appreciated the complexity and diversity of the current academic literature and its implications for professional practice, and be able to identify open questions for their own research;
- have demonstrated ability to learn and work independently in addressing challenging complex issues in international financial asset management.
Subject-specific Skills
- have used highly specialised and advanced technical, professional and academic skills in analysing international financial asset management.
Key Skills
- Written Communication;
- Planning, Organising and Time Management;
- Problem Solving and Analysis;
- Using initiative;
- Numeracy;
- Computer Literacy.
Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module
- A combination of lectures, seminars and guided reading will contribute to achieving the aims and learning outcomes of this module. Summative assessment by unseen examination will test students' knowledge and understanding of the subject matter and their ability to apply what they have learned in the analysis of specific issues.
Teaching Methods and Learning Hours
| Activity | Number | Frequency | Duration | Total Hours | Attendance Monitored |
|---|---|---|---|---|---|
| Lectures | 9 | 1 per week | 2 hours | 18 | |
| Seminars | 4 | fortnightly | 1 hour | 4 | Yes |
| Preparation & Reading | 126 | ||||
| Other: (Revision) | 2 | 1 hour | 2 | ||
| Total | 150 |
Summative Assessment
| Component | Component Weighting | Element | Length/Duration | Element Weighting | Resit Opportunity |
|---|---|---|---|---|---|
| Examination | 100% | Unseen written examination | 2 hours | 100% | Same |
Formative Assessment
Students will receive written comments on a formative written assignment. Additional formative assessment, and feedback, may take a number of forms such as: oral feedback on work prepared by students for seminars; answers to questions either discussed during a seminar or posted on DUO.
Students who do not attend monitored activities shown under Teaching Methods
and Learning Hours, or who fail to complete the summative or formative
assessment(s) specified above, may be subject to the Academic Progress
procedures defined in the University's General Regulation V, and may be
required to leave the University.