AF4S997 - Quantitative Methods for Finance and Risk Management 01 Sep 2019 - 30 Aug 2027 | Version 1

Associated Module Information

Module Code: AF4S997
Module Title: Quantitative Methods for Finance and Risk Management
Faculty: Faculty of Business and Creative Industries
Faculty Group: Accounting and Finance
Faculty Sub Group: Accounting and Finance
Module Leader: Jia Cao
Module Team: Donald Amuah, Liam Hutchinson, Jared Davies
First Intended Intake: SEP 2019 Final Year of Intake:
Date Closed:
Credit Value: 20 Credit Level: 7
Language: English
Percentage of Module Taught in Welsh: 0
Equivalent Module:
HECOS codes: 100835 - financial risk
HECOS Code Weighting: 100

Document Version Information

Version 1
Valid From 01 Sep 2019
Valid To 30 Aug 2027

Module Aims

To equip students with knowledge in mathematics, statistics and data analysis skills in finance. To develop the critical knowledge and skills needed to apply quantitative models and forecasting techniques to be able to price financial assets and manage financial risks.

Content Summary

Financial arithmetic.

Descriptive and inferential statistics in finance.

OLS linear regression.

Financial risk management techniques. Forecasting techniques.

Financial asset pricing models

Learning and Teaching Methods

Activity Type Hours
Demonstration 20
Practical classes and workshops 20
Independent Study 80
Directed Study 80
Total Hours Selected 200

Learning Outcomes

# Learning Outcome
LO1 Able to apply data analysis knowledge and skills to measure financial risks and to develop risk management strategies.
LO2 Able to estimate CAPM model using OKS method and apply the model in stock valuation.

Module Requisites

N/A

Assessment Criteria

Assessment Category Assessment Type Description Duration Word Count Weight (%) Best of? Pass Mark
Written Assignment (CW) Report (CW) 2 Estimate a stock’s extrinsic value using asset pricing model. 0 3000 50 No 40
Written Assignment (CW) Report (CW) 1 strategiesAssess financial risks based on data analysis and make decisions on risk management. 0 3000 50 No 40

Assessment Matrix

Assessment Type Learning Outcomes
LO1 LO2
Report (CW) 2
Report (CW) 1

Reading List

Bodie,Z., Kane, A. and Marcus,A. (2017) Essentials of Investments

Madura, J. and Fox, R. (2017) International Financial Management

Arnold, G. and Lewis, D. (2019) Corporate Financial Management

Anderson,D., Sweeney, D. and Williams,T. (2013) Statistics for Business and Economics

Cuthbertson, K. and Nitzsche,D. Investments: Spot and Derivatives Markets

Jones, C. (2016) Investment Principles and Concepts.

Journal of Financial and Quantitative Analysis

Quantitative Finance