BSc Finance and Investment Banking
Third Year - Compulsory Modules
Derivative Securities/Trading Simulation III
Designed to combine the theoretical and practical approaches to derivatives pricing and trading. You will gain an overview of derivative securities and markets and a thorough understanding of derivatives pricing and trading. You will also be guided on the use of derivatives data and shown how to apply theoretical models and strategies presented in class through a number of case simulations in the dealing room. The trading cases involve both discrete and continuous time models and will require you to both trade and build hedging portfolios using put and call options.
Financial Engineering
Designed to combine theoretical and practical approaches to exotic derivatives in different markets: equity, FX, interest rates and credit. The objectives of the module include providing you with an overview of the exotic products in different markets, familiarising you with the different pricing approaches and models, highlighting the importance of engineering and innovations in financial products and showing how to apply the theoretical models and engineering strategies presented in class through a number of assignments.
Management of Risk
Introduces you to the latest techniques for measuring and managing market, credit and operational risk in financial institutions. Banks and other financial intermediaries invest considerable human and capital resources in trying to assess the risks in their day-to-day business and to increase the wareness of such risks among their employees and business associates. This module will help you to develop critical risk management skills that are now considered indispensable for anyone wanting to undertake a career in the financial sector.
Third Year - Optional Modules
For the remaining modules you may choose three of the following:
Research Project
Foreign Exchange and Money Markets
The basic aim of this module is to equip students with a firm understanding of the structure and operation of the foreign exchange and short-term interest rate markets. This will not only provide the technical knowledge required to trade in or use those markets, but will also introduce and illustrate a number of key financial concepts such as balance sheet constraints, liquidity, funding issues, no-arbitrage pricing and arbitrage. The module has a strong practical flavour. Students will be given the opportunity to trade various money market instruments on simulated electronic markets.
Private Equity and Venture Capital
Topics in Finance
The Practice of Entrepreneurship
Institution Wide Learning Programme (IWLP)
This option is only available to those who studied a language in Part Two and wish to proceed to the next level or those students who have an existing level of language skills and would therefore immediately qualify to enter a Level 2/3/4 course. IWLP (Institute Wide Language Programme).
Please note that students are welcome to take a language on a 'not for credit' basis at any time.
