Principles of Finance (N1560)
Principles of Finance
Module N1560
Module details for 2022/23.
15 credits
FHEQ Level 4
Module Outline
This module is an introduction to financial concepts, instruments, and markets. It is designed for students with no previous knowledge of finance; however, numeracy is required for a full understanding of some topics. Topics include:
• A fundamental concept in finance: the time value of money (discounting and compounding);
• An overview of the role of financial institutions and markets, and the impact of interest rates and exchange rates;
• The valuation of bonds and equity, including the capital asset pricing model (CAPM);
• The capital structure of firms and their weighted average cost of capital (WACC).
A sound knowledge of the above will be important in:
• Subsequent modules of your course;
• Your professional life, finance being a key function of any organisation;
• Your personal life, these tools helping you to evaluate personal loans, mortgages, savings and investments.
Module learning outcomes
Demonstrate knowledge of the core principles of finance, the most common financial institutions, products and markets, and show an understanding of financial concepts widely used in decision-making.
Analyse a financial problem, or issue, using an appropriate theoretical framework, and present financial ideas, concepts and information using means appropriate to the audience and the problem.
Describe the fundamental concepts relating to interest rate markets, such as the yield curve.
Understand why financial markets require that all participants operate to high ethical standards in order to achieve the mutual trust required for their smooth and efficient functioning.
| Type | Timing | Weighting |
|---|---|---|
| Coursework | 25.00% | |
| Coursework components. Weighted as shown below. | ||
| Test | T1 Week 10 (1 hour 15 minutes) | 100.00% |
| Computer Based Exam | Semester 1 Assessment | 75.00% |
Timing
Submission deadlines may vary for different types of assignment/groups of students.
Weighting
Coursework components (if listed) total 100% of the overall coursework weighting value.
| Term | Method | Duration | Week pattern |
|---|---|---|---|
| Autumn Semester | Lecture | 2 hours | 11111011111 |
| Autumn Semester | Seminar | 1 hour | 11111011111 |
How to read the week pattern
The numbers indicate the weeks of the term and how many events take place each week.
Prof Ranko Jelic
Convenor, Assess convenor
/profiles/355482
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