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Module Title LM Quantitative Techniques in Finance
SchoolBirmingham Business School
Department Birmingham Business School
Module Code 07 14385
Module Lead Victor Murinde
Level Masters Level
Credits 10
Semester Semester 2
Pre-requisites LM Financial Modelling and Forecasting Techniques - (07 15975)
Co-requisites
Restrictions Available only to students on the MSc Investments and MSc Financial Management programmes
Contact Hours Lecture-0 hours
Seminar-0 hours
Tutorial-0 hours
Project supervision-0 hours
Demonstration-0 hours
Practical Classes and workshops-0 hours
Supervised time in studio/workshop-0 hours
Fieldwork-0 hours
External Visits-0 hours
Work based learning-0 hours
Guided independent study-0 hours
Placement-0 hours
Year Abroad-0 hours
Exclusions
Description

The module aims to provide students with an understanding of the quantitative techniques and theoretical models commonly found in the finance literature and to prepare them for a quantitative, empirical dissertation. It builds on the material taught in the FMFT course in term 1.

Learning Outcomes

By the end of the module the student should be able to:

  • specify, estimate and evaluate regression models in the finance field;
  • apply techniques including limited dependent variables, panel data and sample selection methods;
  • demonstrate comprehensive knowledge and understanding of, and be able to test theoretical models of, insurance premia, financial game theory, real options valuation, and others.
Assessment 14385-01 : Class Test : Class Test (25%)
14385-02 : Examination : Exam (Centrally Timetabled) - Written Unseen (75%)
Assessment Methods & Exceptions A 1-hour test (25%) and a 2-hour closed book examination (75%) Reassessment: a 2-hour closed book examination (100%)
Other
Reading List JC Hull, 2004, Futures, Options and Other Derivatives.
S Neftci, 2000, An Introduction to Mathematics of Financial Derivatives. 2nd ed. Academic Press.