School of Management, Unit Catalogue 2008/09 |
MN50319 Theory of financial decision making |
| Credits: 6 |
| Level: Masters |
| Semester: 1 |
| Assessment: CW 30%, EX 70% |
| Requisites: |
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Aims: This unit is designed to provide the student with a substantial grounding in financial decision-making theory and corporate policy.
Learning Outcomes: At the end of the unit the students will be expected (a) To evaluate and calculate the appropriate investment appraisal criteria in a multi-period framework. (b) To understand investor behaviour under uncertainty. (c) To under the principles of pricing traded securities. Skills: 1. Numeracy (T/A). 2. Problem-solving (F/A) 3. Critical Thinking (F/A) 4. Time management (F/A). 5. Writing skills (A). 6. Use of IT (F). Content: The role of Capital Markets, the Consumption and Investment Decision; Investment Appraisal; The Theory of Choice under Uncertainty; Mean-Variance Theory; Capital Market Equilibrium; Cost of Capital. |