The Investment Environment

Module description

This module is intended for Financial Services 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 an understanding of the UK and international financial markets and introduction to the legal concepts relevant to financial advice. This module introduces the regulatory advice framework in practice for the consumer and an understanding of the UK tax system as relevant to the needs and circumstances of individuals and trusts.

Full module specification

Module title:The Investment Environment
Module code:BEF3102DA
Module level:3
Academic year:2019/0
Module lecturers:
Module credit:15
ECTS value:

7.5

Pre-requisites:

None

Co-requisites:

None

Duration of module: Duration (weeks) - term 1:

7

Duration (weeks) - term 2:

4

Module aims

The general aim of this module is to enable you to apply the regulatory advice framework in practice for the consumer and critically evaluate the outcomes which may result from behaving ethically for the industry, individual advisers, the firm and consumers.

Skills acquisition: You will develop a range of transferable skills required when advising clients, including identifying and applying suitable investment solutions to suit different needs of retail clients.

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. Demonstrate an understanding of the UK financial services industry in its European and global context
  • 2. Demonstrate an understanding of the Financial Conduct Authority’s (FCA) responsibilities and approach to regulation
  • 3. Explain legal concepts relevant to financial advice and understanding of the UK tax system as relevant to the needs and circumstances of individual and trusts
  • 4. Critically evaluate the outcomes that distinguish between ethical and compliance driven behaviour
  • 5. Apply the CFA code of Ethos and Standards of Professional Conduct to a range of ethical dilemmas

ILO: Discipline-specific skills

  • 6. Apply the regulatory advice framework in practice for the consumers
  • 7. Demonstrate an ability to apply the financial planning process and evaluate the tax considerations shaping clients’ needs and circumstances
  • 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. Develop a range of skills required when advising clients, including identifying and applying suitable investment solutions to suit different needs of retail clients
  • 10. Apply knowledge of relevant rules and principles (i.e. FCA’s principles and rules) to their own role and within their team
  • 11. Understand the approach to communicate and 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
67830

Details of learning activities and teaching methods

CategoryHours of study timeDescription
Scheduled Learning & Teaching Activities49 hours (7 days)Workshops
Scheduled Learning & Teaching activities12 hoursOnline lectures and seminars
Scheduled Learning & Teaching activities6 hoursRevision
Guided independent study83 hoursReading and research, web-based activities

Formative assessment

Form of assessmentSize of the assessment (eg length / duration)ILOs assessedFeedback method
Mock Exam1 hour and 40 minutes1-5Marks 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
Exam501 hour and 40 minutes exam1-5Marks and feedback
Applied exercise/Assignment502,000 words1-11Marks and feedback
0
0
0
0

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

Original form of assessmentForm of re-assessmentILOs re-assessedTimescale for re-assessment
Exam1 hour and 40 minutes exam1-5In line with University regulations
Applied exercise/AssignmentApplied exercise/Assignment 2,000 words1-11In line with University regulations

Re-assessment notes

Defer – as first time

Refer – capped at 40%

Syllabus plan

  • Financial Markets and Institutions
  • The Regulation of Financial Markets and Institutions
  • Legal Concepts
  • Client Advice
  • Taxation in the UK
  • Ethics and Investment Professionalism

Indicative learning resources - Basic reading

Basic reading:

 

  • Investment Environment, Investment Management Certificate Unit 1, CFA Society United Kingdom.

Module has an active ELE page?

Yes

Origin date

28/02/2019

Last revision date

15/03/2019