| Unit name | Advanced Topics in Finance |
|---|---|
| Unit code | ACCG30015 |
| Credit points | 20 |
| Level of study | H/6 |
| Teaching block(s) |
Teaching Block 4 (weeks 1-24) |
| Unit director | |
| Open unit status | Not open |
| Pre-requisites |
At least 50% in ACCG20012 Principles of Finance |
| Co-requisites |
Financial Markets and Corporate Finance ACCG30014 |
| School/department | School of Economics, Finance and Management |
| Faculty | Faculty of Social Sciences and Law |
The first term will cover the causes, consequences, and appropriate policy relating to the recent credit crisis. We identify the elements in the UK crisis that are common to similar crises around the world and in history and then turn to the future and consider what the government response should be in the short term and how regulation might be tightened so that in the long run a crisis is less likely to recur.
The main topic of the second term will be portfolio management: we will discuss the construction, implementation and evaluation of investment portfolios. This section will combine an understanding of: asset pricing theory (portfolio analysis, risk modelling, market efficiency), market microstructure theory (analysis of asset liquidity and trading costs) and financial econometrics, numerical optimization methods.
