NBS8332 : Financial Theory
- Offered for Year: 2021/22
- Module Leader(s): Dr Diemo Dietrich
- Demonstrator: Dr Jose Liu
- Owning School: Newcastle University Business School
- Teaching Location: Newcastle City Campus
Semesters
| Semester 1 Credit Value: | 10 |
| Semester 2 Credit Value: | 10 |
| ECTS Credits: | 10.0 |
Aims
To provide the foundations in financial theory and its applications. To present the way of posing financial problems, the process of formulating them and applying theoretical concepts to complex corporate problems. To help students "think like economists" and gain the analytical and quantitative skills of management.
Outline Of Syllabus
The module is spread over two semesters. The aim of the module in the first semester is to provide an introduction to the valuation of financial securities. The aim of the module in the second semester is to introduce students to the theory and empirical evidence relevant for investment decisions. Examples for the topics include diversification, prices and returns in capital markets, market inefficiency, and portfolio management.
Teaching Methods
Please note that module leaders are reviewing the module teaching and assessment methods for Semester 2 modules, in light of the Covid-19 restrictions. There may also be a few further changes to Semester 1 modules. Final information will be available by the end of August 2020 in for Semester 1 modules and the end of October 2020 for Semester 2 modules.
Teaching Activities
| Category | Activity | Number | Length | Student Hours | Comment |
|---|---|---|---|---|---|
| Guided Independent Study | Assessment preparation and completion | 1 | 60:00 | 60:00 | Time for students to prepare for exams |
| Structured Guided Learning | Lecture materials | 6 | 1:00 | 6:00 | Pre-recorded lecture materials |
| Scheduled Learning And Teaching Activities | Lecture | 9 | 2:00 | 18:00 | PiP lectures; some of these will be split into 2 x 1 hour sessions |
| Guided Independent Study | Directed research and reading | 1 | 66:00 | 66:00 | Estimated, based on 3 hours per teaching week, not necessarily to be done in a particular week |
| Structured Guided Learning | Structured research and reading activities | 4 | 1:00 | 4:00 | 2 per semester |
| Scheduled Learning And Teaching Activities | Small group teaching | 6 | 1:00 | 6:00 | PiP seminars |
| Guided Independent Study | Independent study | 1 | 38:00 | 38:00 | N/A |
| Scheduled Learning And Teaching Activities | Scheduled on-line contact time | 4 | 0:30 | 2:00 | drop-in surgery |
| Total | 200:00 |
Teaching Rationale And Relationship
- Lectures provide an overview of the main topics.
- small group teaching reinforce lecture material.
- drop-in/surgery provide students with the opportunity to monitor progress.
- in structured research and reading students will be given tasks to develop and to practice knowledge.
- Guided indpendend study provide opportunity to engage with textbooks and other study material and to revise all material.
Assessment Methods
Please note that module leaders are reviewing the module teaching and assessment methods for Semester 2 modules, in light of the Covid-19 restrictions. There may also be a few further changes to Semester 1 modules. Final information will be available by the end of August 2020 in for Semester 1 modules and the end of October 2020 for Semester 2 modules.
The format of resits will be determined by the Board of Examiners
Exams
| Description | Length | Semester | When Set | Percentage | Comment |
|---|---|---|---|---|---|
| Written Examination | 180 | 2 | A | 100 | N/A |
Exam Pairings
| Module Code | Module Title | Semester | Comment |
|---|---|---|---|
| LBS8332 | Financial Theory | 1 | discontinued London equivalent module |
Formative Assessments
| Description | Semester | When Set | Comment |
|---|---|---|---|
| Prob solv exercises | 1 | M | generic feedback on whole cohort |
| Prob solv exercises | 1 | M | generic feedback on whole cohort |
| Prob solv exercises | 2 | M | generic feedback on whole cohort |
| Prob solv exercises | 2 | M | generic feedback on whole cohort |
Assessment Rationale And Relationship
Exam to assess students against the learning outcomes, in particular in their ability to properly explain concepts and ideas.
Alternative Online Assessment: In the case of an alternative semester 2 assessment (worth 100% of the overall module mark) being necessary due to circumstances, the module leader will in the first instance consult with the DPD as to the requirements of the professional accrediting body to discuss possible acceptable alternatives. In 2020/21 this alternative was a 24 hour take home exam delivered online, and it is envisioned that if circumstances do not allow a present-in-person timed exam at the end of semester 2, and the professional body agrees, than this may well be an example of the type of alternative assessment which could be put in place. If so, it will focus on essay-type questions.
Reading Lists
Timetable
- Timetable Website: www.ncl.ac.uk/timetable/
- NBS8332's Timetable