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ECO-30045 - Module Specification
Keele Business School
Faculty of Humanities and Social Sciences

For academic year: 2021/22 Last Updated: 16 February 2022

ECO-30045 - Applied Financial Analysis
Coordinator: Ghulam Sorwar
Lecture Time: See Timetable...
Level: Level 6
Credits: 15
Study Hours: 150
School Office: 01782 733094

Programme/Approved Electives for 2021/22

None

Available as a Free Standing Elective

No

Co-requisites

None

Prerequisites

Completion of Eco-20042 Introduction to Econometrics


Barred Combinations

None

Description for 2021/22

This module is designed to familiarize students with the main techniques for modelling financial data. The module builds upon the core theory modules in finance developed at level 5 by examining statistical applications involving CAPM, APT and market efficiency. It also develops univariate and multivariate regression techniques, and models of volatility in the process. Diagnostic tests widely used in empirical models of finance are described and interpreted. The module has a distinct hands-on flavour with computer lab classes offering the opportunity for students to explore key elements of financial modelling.

Aims
To familiarise students with the econometric techniques commonly used in applied finance

Talis Aspire Reading List
Any reading lists will be provided by the start of the course.
http://lists.lib.keele.ac.uk/modules/eco-30045/lists

Intended Learning Outcomes

Formulate data-analysis problems in a statistical framework, choose appropriate models to analyse financial data, and evaluate their key elements and properties: 2
Describe and critically evaluate alternative empirical methodologies in applied finance: 2
Utilise industry standard software to estimate empirical models in applied finance: 2
Critically apply statistical models and methods to solve practical problems in finance; evaluate statistical evidence; interpret the results of a statistical analysis critically on choices of model; and analyse results produced: 1

Study hours

20 hours lectures
4 hours tutorial
123 hours self study including preparation for lectures, tutorials and assessments
3 hours exam


School Rules

None

Description of Module Assessment

1: Open Book Examination weighted 70%
Take away exam available on Blackboard. Students will have 24 hours to complete and post the exam
A take-away exam which will be available on KLE for 24-hours to answer and submit their answers via Turnitin. Although students have been given significant time to complete this exam script, we expect most students to spend no more than 3 hours to complete and submit their answers via Turnitin (with a maximum of 2500 words). Answers should be as accurate and concise as possible. This Take-away Final exam includes five questions. Students are required to answer all five questions. The questions may involve descriptive /numerical or both.

2: Portfolio weighted 30%
8 page group report
Portfolio detailing estimates and interpretation of specified models. Students will collaborate to compile the portfolio in groups of approximately four.

Please note that for the 2021/22 Academic Year all programmes will be adapted to operate in accordance with a flexible, digital approach. This means that there will be some changes made to how modules are delivered and assessed. The latest information will be provided to you by your School in module handbooks. We endeavour to give you as much notice as possible of any changes and details about the circumstance in which changes are made to programmes can be found in the Student Agreement, available at: https://www.keele.ac.uk/student-terms-and-conditions/

Last Updated: 16 February 2022