First Year
Compulsory Modules
Introductory Securities and Markets
Introduces you to the key financial markets, exchange mechanisms and the investment banks and investment management houses that operate in these markets and their various functions.
Introductory Finance/Trading Simulation
Provides you with a knowledge of the key concepts that underlie the valuation of financial assets, including an examination of the pricing of stocks, bonds and options. The module also provides an introduction to modern portfolio theory, a discussion of how to measure risk and return, and an analysis of whether financial markets are efficient.
The trading simulation part of the module will introduce you to computer simulation of securities dealing and spreadsheet modelling. You will be taught the relevant theory and will experience how this theory works in a virtual dealing environment.
Introductory Financial Accounting
Examines the principal financial statements produced by companies. You will cover many areas including: the concepts of profit and capital; the balance sheet and profit and loss account; company accounts; and cash flow statements – all are essential ingredients in corporate valuat
Principles of Macroeconomics
Introduces students to the major concepts; growth, inflation, unemployment and interest rates, and the interrelationships between these macroeconomic variables. In addition students will also obtain a better understanding of i) determination of national income, ii) aggregate demand and the impact of fiscal policy, iii) money and the role of monetary policy in a closed economy, iv) aggregate supply and iv) unemployment, inflation and the Phillips curve.
Principles of Microeconomics
Introduces students to the economic analysis of decision-making, how markets work, and why they sometimes fail. The module focuses on making rational decisions (demand and supply, the market mechanism, elasticity, applied demand and supply analysis, market efficiency and market failure) and business behaviour (production, cost, perfect competition and profit maximisation, pricing in pure monopoly, economies of scale and pricing in oligopoly, barriers to entry and long-run competition, market structure, prices and economic policy, comparative advantage and international trade, strategic interactions).
Introductory Quantitative Techniques
Gives you the ability to undertake quantitative problem solving in economic, management and financial applications, including the use of spreadsheets.
