Investment Practice

Module description

This module is intended for Financial Services Professional Degree Apprenticeship students who are looking to develop a sound knowledge in investment management. It is suitable for those who are actively involved in front office investment activities, including portfolio management, research, investment consulting, risk management and relationship management.

The module aims to provide students with a background to investment environment including micro- and macro-economic environment and their impact on investments. This module introduces the main investment theories, investment products, principles of investment management and performance measurement. The overall aim is to introduce the concepts and associated tools that are fundamental to the investment practice in an organisation.

Full module specification

Module title:Investment Practice
Module code:BEF2202DA
Module level:2
Academic year:2020/1
Module lecturers:
Module credit:20
ECTS value:

10

Pre-requisites:

None

Co-requisites:

None

Duration of module: Duration (weeks) - term 2:

6

Duration (weeks) - term 3:

5

Module aims

The general aim of this module is to enable you to apply statistical and financial mathematics techniques, develop an understanding of micro and macro-economic environment, principles of accounting and principles of investment management. You will be able to evaluate the characteristics, inherent risks and behaviours of equities, cash and cash equivalents, and fixed income securities. The module also covers the characteristics, inherent risks, behaviours and relevant tax considerations of derivatives and alternative investment. You will be able to appraise the merits and limitations of the main investment theories.

Skills acquisition: You will develop several transferable skills related to investment practice, including a sound understanding of the investment products, investment performance measurement and the impact external environment has on the financial services industry.

Research in teaching: The module builds on recent investment management research within the finance disciplines to define decision making tools and theories.

The module is supported by a series of webinars, videos, group forums, learning logs, online reading material, and facilitated online group sessions will be offered in addition to a masterclass.

ILO: Module-specific skills

  • 1. Explain and apply the concepts of summary data, correlation, index numbers and time value of money
  • 2. Demonstrate an understanding of micro-economics, macro-economic environment and their impact on investments
  • 3. Understand the principles of accounting and investment management
  • 4. Evaluate the characteristics, inherent risks and behaviour of equities, cash and cash equivalents, and fixed income securities
  • 5. Analyse the characteristic and behaviours and relevant tax considerations of derivatives, alternative investments and other investment products
  • 6. Develop an understanding of the merits and limitations of the main investment theories and principles of investment performance measurement

ILO: Discipline-specific skills

  • 7. Apply statistical and financial mathematics techniques in decision-making process
  • 8. Demonstrate a sound understanding of the structure of the financial services industry and the benefits of relevant products and services

ILO: Personal and key skills

  • 9. Demonstrate a sound understanding of the impact the investment environment has on financial services
  • 10. Apply knowledge of relevant rules and principles to their own role and within their team
  • 11. Understand the approach to deliver client/customer outcomes across the business in a financial service setting, including best practice.

Learning activities and teaching methods (given in hours of study time)

Scheduled Learning and Teaching ActivitiesGuided independent studyPlacement / study abroad
601400

Details of learning activities and teaching methods

CategoryHours of study timeDescription
Scheduled Learning & Teaching Activities42 hours (6 days)Workshops
Scheduled Learning & Teaching activities12 hoursOnline lectures and seminars
Scheduled Learning & Teaching activities6 hoursRevision
Guided independent study140 hoursReading and research, web-based activities

Formative assessment

Form of assessmentSize of the assessment (eg length / duration)ILOs assessedFeedback method
Mock Exam1-hour exam1-6Marks and feedback
Online DiscussionOnline discussion contributions1-11Online discussion feedback from peers and lecturer
Weekly online practicesSix exercises1-8Correct answers on ELE

Summative assessment (% of credit)

CourseworkWritten examsPractical exams
50500

Details of summative assessment

Form of assessment% of creditSize of the assessment (eg length / duration)ILOs assessedFeedback method
Exam502 hours and 20 minutes written exam1-6Marks and feedback
Applied exercise/Assignment504,000 words1-11Marks and feedback

Details of re-assessment (where required by referral or deferral)

Original form of assessmentForm of re-assessmentILOs re-assessedTimescale for re-assessment
Exam2 hours and 20 minutes written exam1-6In line with University regulations
Applied exercise/AssignmentApplied exercise/Assignment 4,000 words1-11In line with University regulations

Re-assessment notes

Defer – as first time

Refer – capped at 40%

Syllabus plan

  • Quantitative Methods
  • Micro-Economics and Macro-Economics
  • Accounting
  • Equities and Fixed-Income
  • Derivatives and alternative investments
  • Portfolio management
  • Investment Products
  • Investment Performance Measurement

Indicative learning resources - Basic reading

Basic reading:

  • Investment Practice, CFA UK Investment Management Certificate Unit 2 Syllabus version 16.

Module has an active ELE page?

Yes

Origin date

28/02/2019

Last revision date

15/03/2019