School of Management, Unit Catalogue 2007/08 |
MN20310 Empirical research methods in finance |
| Credits: 6 |
| Level: Intermediate |
| Semester: 2 |
| Assessment: EX 100% |
| Requisites: |
| Before taking this unit you must take EC10130 |
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Aims: The aim is to introduce students to basic methods of empirical research in accounting and finance.
Learning Outcomes: By the end of this unit, the student should be able to: * critically evaluate empirical research for the appropriateness of the methods used * conduct simple empirical investigations. Skills: Intellectual Skills * the facility to apply subject-specific knowledge into a range of complex situations; TFA * a critical awareness of current issues and frameworks in finance; AF * the ability to acquire and analyse data, information and situations; to evaluate relevance and validity, and to synthesise it in the context of finance problems; FA * an understanding of appropriate research and methodological techniques that allow detailed investigation of problems and ability to use these skills to produce professional and critical reports. TFA Professional Practical Skills * evaluate the current standing of theories and empirical evidence and suggest improvements for the operation of investment banks; TFA * operate effectively both independently as well as within teams and assume leadership roles where appropriate; FA * be self-directed and able to act autonomously in planning and implementing. F Transferable/Key Skills * ability to conduct in-depth research into finance problems. FA Personal/Interpersonal * the facility to communicate including presenting and marketing themselves and their ideas. FA Content: Testing for market efficiency, event studies, testing asset pricing models, evaluation of investment and trading strategies, time series analysis. |