THE UNIVERSITY of EDINBURGH

DEGREE REGULATIONS & PROGRAMMES OF STUDY 2021/2022

Information in the Degree Programme Tables may still be subject to change in response to Covid-19

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DRPS : Course Catalogue : Business School : Business Studies

Undergraduate Course: Applications of Finance (BUST08018)

Course Outline
SchoolBusiness School CollegeCollege of Arts, Humanities and Social Sciences
Credit level (Normal year taken)SCQF Level 8 (Year 2 Undergraduate) AvailabilityAvailable to all students
SCQF Credits20 ECTS Credits10
SummaryThe course will consolidate the conceptual learning in Principles of Finance by introducing students to some of the practical aspects of finance, for example valuation, company risk management and company restructuring.
Course description The course is designed to complement Principles of Finance. The latter is a theoretical and conceptual course which introduces students to the core ideas in academic finance. There is little time to consider practical aspects, and several important topics are omitted or only dealt with briefly. Applications of Finance will fill some of these gaps. The course will consolidate the conceptual learning in Principles of Finance by introducing students to some of the practical aspects of finance, for example valuation, company risk management and company restructuring.

SYLLABUS
- Financial systems, corporate governance and the investment environment;
- Professional asset management - fund structures, strategies and key issues;
- Trading;
- Currency markets and futures;
- Interest rate and currency swaps;
- Options and trading strategies;
- Socially responsible investing, corporate governance and corporate social responsibility;
- Financial crises and investment management.

STUDENT LEARNING EXPERIENCE
Broadening knowledge of core concepts and ideas in finance, in particular in the areas of international finance, investment management, and risk management; introduction to empirical research in finance;
further knowledge of financial instruments, markets and transactions; for example, interest rate swaps, bank loans; further knowledge of financial information used by company executives, investors and analysts.
Entry Requirements (not applicable to Visiting Students)
Pre-requisites Students MUST have passed: ( Global Challenges for Business (BUST08035) AND The Business of Edinburgh (BUST08036)) OR Introduction to Business (BUST08026) OR Introduction to Financial Markets (BUST08029) OR ( Industrial Management 1 (BUST08002) AND Techniques of Management (MAEE08002)) OR Economics 1 (ECNM08013) OR ( Economic Applications (ECNM08003) AND Economic Principles (ECNM08004)) OR Economic Principles and Applications (ECNM08002)
Co-requisites Students MUST also take: Principles of Finance (BUST08003) OR Introduction to Corporate Finance (BUST08030)
Prohibited Combinations Other requirements None
Information for Visiting Students
Pre-requisitesVisiting students must have at least 1 introductory level Business Studies/Finance course at grade B or above for entry to this course. We will only consider University/College level courses.
High Demand Course? Yes
Course Delivery Information
Academic year 2021/22, Available to all students (SV1) Quota:  None
Course Start Semester 2
Timetable Timetable
Learning and Teaching activities (Further Info) Total Hours: 200 ( Lecture Hours 20, Seminar/Tutorial Hours 8, Summative Assessment Hours 2, Revision Session Hours 3, Programme Level Learning and Teaching Hours 4, Directed Learning and Independent Learning Hours 163 )
Assessment (Further Info) Written Exam 70 %, Coursework 30 %, Practical Exam 0 %
Additional Information (Assessment) There will be two components of assessment - individual assignment (30%), and a final examination (70%). Further details regarding assessment will be decided upon by the course organiser.
Resit exam = 100%, the exam format is the same as for the final examination.
Feedback Coursework marks will be published via Learn. Coursework feedback will be provided via Learn.

Examination marks will be posted on Learn (together with generic feedback and examination statistics) as soon as possible after the Boards of Examiners┬┐ meeting (normally early-mid June). During the summer months (i.e. mid/end June ┬┐ end August), you may come into the UG Office (Room 1.11, Business School, 29 Buccleuch Place) to look at your examination scripts.

Continuing students will also be given the opportunity to review their examination scripts early in the new academic year in Semester 1 (i.e. in October).

Exam Information
Exam Diet Paper Name Hours & Minutes
Main Exam Diet S2 (April/May)2:00
Resit Exam Diet (August)2:00
Learning Outcomes
On completion of this course, the student will be able to:
  1. Have broadened their knowledge of core concepts and ideas in finance, in particular in the areas of international finance, investment management, and risk management.
  2. Have been introduced to empirical research in finance.
  3. Know more about financial instruments, markets and transactions; for example, interest rate swaps, bank loans.
  4. Know more about the financial information used by company executives, investors and analysts.
Reading List
This course builds heavily on academic research papers. Therefore, there is no textbook which is recommended that students buy. Instead, students are advised to do the reading as listed under each topic. Additional resources may be added where appropriate, for example where topical readings are published during the semester. Any such material will be highlighted at the start of each lecture.

Students may find the following textbooks useful for general background reading (any edition will be suitable)

Keith Pilbeam, Finance & Financial Markets, Palgrave Macmillan.

Bodie, Kane and Marcus (2010), Investments, McGraw Hill.

Maginn, Tuttle, Pinto, and McLeavey (2007) Managing Investment Portfolios: A Dynamic Process, published by CFA Institute and Wiley.

Reading financial press and blogs is essential to get the most out of this course.
Additional Information
Graduate Attributes and Skills Cognitive/analytical skills/transferable skills
Through individual and groupwork students will develop their ability to:
Understand accounting and financial data, and analyse such data;
Understand academic research in finance;
Demonstrate their understanding through essays and through answers to numerical problems;
Think clearly and logically;
Develop and deliver effective presentations.
KeywordsNot entered
Contacts
Course organiserMr Khaladdin Rzayev
Tel:
Email: Khaladdin.rzayev@ed.ac.uk
Course secretaryMiss Anne Cunningham
Tel: (0131 6)50 3827
Email: Anne.Cunningham@ed.ac.uk
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