Postgraduate Course: Capital Market Anomalies (CMSE11200)
Course Outline
| School | Business School |
College | College of Humanities and Social Science |
| Credit level (Normal year taken) | SCQF Level 11 (Postgraduate) |
Availability | Not available to visiting students |
| SCQF Credits | 15 |
ECTS Credits | 7.5 |
| Summary | This elective is designed to provide an overview of capital market anomalies. It provides a conceptual framework for understanding the academic research on anomalies and evaluate whether certain anomalies can be profitably exploited. Some of the anomalies to be addressed include: value and momentum anomalies, accruals anomaly, post-earnings announcement drift, analysts¿ recommendations and earnings forecasts anomaly, insider trading, and several seasonal anomalies. This course also provides insights on how to best use the various anomalies in both market neutral and in long investor portfolios.
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| Course description |
Not entered
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Entry Requirements (not applicable to Visiting Students)
| Pre-requisites |
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Co-requisites | |
| Prohibited Combinations | |
Other requirements | For Business School PG students only, or by special permission of the School. Please contact the course secretary. |
Course Delivery Information
| Not being delivered |
Learning Outcomes
On successfully completing the elective you will:
- be up to speed with important developments in the area of traditional finance and the associated practical insights they provide;
- have a deeper understanding of the market efficiency debate and recent developments;
- be in a position to exploit market anomalies appropriately;
- develop the ability to appraise critically some of the claims made by traditional finance proponents.
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Additional Information
| Graduate Attributes and Skills |
Not entered |
| Keywords | fin-CMA |
Contacts
| Course organiser | Dr Maria Michou
Tel: (0131 6)50 8341
Email: Maria.Michou@ed.ac.uk |
Course secretary | Miss Rachel Allan
Tel: (0131 6)51 3757
Email: Rachel.Allan@ed.ac.uk |
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