The Investment Environment
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|
|Duration of module:||
Duration (weeks) - term 2: |
6Duration (weeks) - term 3:
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 Authoritys (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. FCAs 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 Activities||Guided independent study||Placement / study abroad|
Details of learning activities and teaching methods
|Category||Hours of study time||Description|
|Scheduled Learning & Teaching Activities||42 hours (6 days)||Workshops|
|Scheduled Learning & Teaching activities||4 hours||Online lectures and seminars|
|Scheduled Learning & Teaching activities||4 hours||Revision|
|Guided independent study||50 hours||Reading and research, web-based activities|
|Form of assessment||Size of the assessment (eg length / duration)||ILOs assessed||Feedback method|
|Mock Exam||1 hour and 40 minutes||1-5||Marks and feedback|
|Online Discussion||Online discussion contributions||1-11||Online discussion feedback from peers and lecturer|
|Weekly online practices||Six exercises||1-8||Correct answers on ELE|
Summative assessment (% of credit)
|Coursework||Written exams||Practical exams|
Details of summative assessment
|Form of assessment||% of credit||Size of the assessment (eg length / duration)||ILOs assessed||Feedback method|
|Exam||50||1 hour and 40 minutes exam||1-5||Marks and feedback|
|Applied exercise/Assignment||50||1,500 words.||1-11||Marks and feedback|
Details of re-assessment (where required by referral or deferral)
|Original form of assessment||Form of re-assessment||ILOs re-assessed||Timescale for re-assessment|
|Exam||1 hour and 40 minutes exam||1-5||In line with University regulations|
|Applied exercise/Assignment||Applied exercise/Assignment 1,500 words||1-11||In line with University regulations|
Defer – as first time
Refer – capped at 40%
- 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
- Investment Environment, Investment Management Certificate Unit 1, CFA Society United Kingdom.
Module has an active ELE page?
Last revision date