Finance (5 cr)

Objective

On completion of the course, the student will be able to
• understand the features of different financial instruments
• understand how the financial markets operate
• obtain information from the financial markets
• evaluate risk and return.

Content

• Time value of money
• Sources of financing
• Role of central banks
• Role of financial intermediaries
• Financial markets
• Financial terminology
• Techniques for debt and equity valuation
• Measures of risk and return

Materials

Recommended reading: Mishkin, Frederic S. Financial Markets and Institutions (8th edition), Pearson Prentice Hall, 2015 (ISBN 978-0-13-342362-4)

While there are no prerequisites for the course, familiarity with Business Mathematics will be beneficial

Teaching methods

This course will be delivered in-person unless health authorities or the University decide otherwise.

The course includes lectures, worked examples, homework assignments, final exam

Exam schedules

All exams will take place on campus unless health authorities or the University decide otherwise.

Final exam on April 23
Resit #1 on May 14
Resit #2 on June 4

Evaluation scale

0-5

Assessment criteria, satisfactory (1)

The student
• has achieved the objectives of the course to a satisfactory level
• is able to identify, define and use concepts and models in the subject area of the course
• understands the conditions and principles of the development of expertise.

Assessment criteria, good (3)

The student
• has achieved the objectives of the course well, although there are still areas where knowledge and skills need to be improved
• has a good understanding of the concepts and models of the subject matter of the course and is able to carry out a reasoned analysis
• is able to apply what they have learned in leisure, learning and working life situations
• understands the importance of expertise in business and is able to analyse their own expertise.

Assessment criteria, excellent (5)

The student
• has achieved the objectives of the course with excellent marks
• has an excellent command of the concepts and models of the subject matter of the course
• is able to analyse clearly and reasonably and propose practical development measures
• has a good ability to apply what they have learned in leisure, learning and working life situations
• is able to analyse expertise in business and their own development towards expertise.

Assessment criteria, approved/failed

The student
• has achieved the objectives of the course to a satisfactory level
• is able to identify, define and use concepts and models in the subject area of the course
• understands the conditions and principles of the development of expertise.

Assessment methods and criteria

Homework assignments 20%
(Assignments are marked as Pass or Fail. You must attempt all questions to receive full credit. Assignments submitted after the deadline will be marked down 50%.)
Final exam 80%
Total 100%