| Unit name | Finance |
|---|---|
| Unit code | ACFIM0009 |
| Credit points | 20 |
| Level of study | M/7 |
| Teaching block(s) |
Teaching Block 1 (weeks 1 - 12) |
| Unit director | Dr. Zheng |
| Open unit status | Not open |
| Units you must take before you take this one (pre-requisite units) |
None |
| Units you must take alongside this one (co-requisite units) |
None |
| Units you may not take alongside this one |
None |
| School/department | School of Accounting and Finance - Business School |
| Faculty | Faculty of Social Sciences and Law |
Why is this unit important?
This unit is structured to offer students a comprehensive understanding of finance fundamentals, encompassing essential knowledge in both asset pricing and corporate finance topics. Students will explore concepts such as the trade-off between risk and returns, the classic Capital Asset Pricing Model, and the debate surrounding the Efficient Market Hypothesis. Furthermore, they will grasp the core principles of corporate finance, including the investment and financing principles, and learn how to apply tools to address corporate decision-making challenges.
How does this unit fit into your programme of study?
This unit is a fundamental component of TB1's course structure, laying the groundwork for optional units in TB2. It ensures that students are equipped with a diverse range of fundamental knowledge in finance.
An overview of content
This unit aims to equip students with a thorough grounding in the fundamentals of finance. It covers various aspects of asset pricing, including risk and return, portfolio theory, the Capital Asset Pricing Model (CAPM), and the Efficient Market Hypothesis (EMH). Additionally, the unit delves into key areas of corporate finance such as discounting, investment appraisal, the cost of capital, and decision-making regarding financing.
How will students, personally, be different as a result of this unit
Students will acquire essential concepts and tools to analyze and address practical challenges within financial markets. Additionally, students will develop a critical awareness of the limitations inherent in certain theories and approaches.
Learning Outcomes
On successful completion of this unit you will be able to:
The Finance unit is delivered through a carefully designed mix of lectures, readings, and small group tutorials. Additional activities such as discussion boards, practice exercises, peer study groups, and 1-to-1 staff feedback and advice office will complement the learning experience.
Tasks which help you learn and prepare you for summative tasks (formative):
Tasks which count towards your unit mark (summative):
100% individual coursework assessing ILOs 1-4. The individual coursework contains three separate reports (maximum 3000 words in total) in accordance with the requirements. Students are expected to apply their learnt knowledge to solve problems and critically discuss their results.
When assessment does not go to plan
When a student fails the unit and is eligible to resubmit, failed components will be reassessed on a like-for-like basis.
If this unit has a Resource List, you will normally find a link to it in the Blackboard area for the unit. Sometimes there will be a separate link for each weekly topic.
If you are unable to access a list through Blackboard, you can also find it via the Resource Lists homepage. Search for the list by the unit name or code (e.g. ACFIM0009).
How much time the unit requires
Each credit equates to 10 hours of total student input. For example a 20 credit unit will take you 200 hours
of study to complete. Your total learning time is made up of contact time, directed learning tasks,
independent learning and assessment activity.
See the University Workload statement relating to this unit for more information.
Assessment
The assessment methods listed in this unit specification are designed to enable students to demonstrate the named learning outcomes (LOs). Where a disability prevents a student from undertaking a specific method of assessment, schools will make reasonable adjustments to support a student to demonstrate the LO by an alternative method or with additional resources.
The Board of Examiners will consider all cases where students have failed or not completed the assessments required for credit.
The Board considers each student's outcomes across all the units which contribute to each year's programme of study. For appropriate assessments, if you have self-certificated your absence, you will normally be required to complete it the next time it runs (for assessments at the end of TB1 and TB2 this is usually in the next re-assessment period).
The Board of Examiners will take into account any exceptional circumstances and operates
within the Regulations and Code of Practice for Taught Programmes.
