FI5601 Investment Management

Academic year

2024 to 2025 Semester 1

Further information on which modules are specific to your programme.

Key module information

SCOTCAT credits

20

The Scottish Credit Accumulation and Transfer (SCOTCAT) system allows credits gained in Scotland to be transferred between institutions. The number of credits associated with a module gives an indication of the amount of learning effort required by the learner. European Credit Transfer System (ECTS) credits are half the value of SCOTCAT credits.

SCQF level

SCQF level 11

The Scottish Credit and Qualifications Framework (SCQF) provides an indication of the complexity of award qualifications and associated learning and operates on an ascending numeric scale from Levels 1-12 with SCQF Level 10 equating to a Scottish undergraduate Honours degree.

Planned timetable

To be arranged.

This information is given as indicative. Timetable may change at short notice depending on room availability.

Module coordinator

Dr R Tuneshev

This information is given as indicative. Staff involved in a module may change at short notice depending on availability and circumstances.

Module Staff

Ruslan Tuneshev

This information is given as indicative. Staff involved in a module may change at short notice depending on availability and circumstances.

Module description

This module introduces the fundamental concepts of investment management. Investments cover real economic projects such as those undertaken by corporations and governments, as well as financial instruments, which are regularly priced and traded in financial markets. The ultimate aim is to provide the student with a structured approach to defining, measuring and predicting the value of investments in multiple asset classes including corporate investments, a wide range of corporate liabilities such as equities and bonds, and associated financial contracts such as options. The tradeoff between risk and return is defined, a clear distinction between passive and active investing is established and key market equilibrium models of how risks and returns are determined at individual and portfolio levels are carefully analyzed. The module presents the recent developments in financial industry, with a special focus on trading strategies in popular asset classes, various types of investment techniques and performance measurement.

Assessment pattern

50% coursework + 50% final exam

Re-assessment

100% exam

Learning and teaching methods and delivery

Weekly contact

20 hours of lectures over 11 weeks, 1-hour tutorial (x 5 weeks)

Scheduled learning hours

30

The number of compulsory student:staff contact hours over the period of the module.

Guided independent study hours

170

The number of hours that students are expected to invest in independent study over the period of the module.

Intended learning outcomes

  • Students will understand the mechanics of financial markets, characteristics of different financial assets and modern security valuation techniques.
  • Students will be able to clearly distinguish between active and passive investing, tactical and strategic asset allocation and be well-equipped with the tools for active investment analysis.
  • Students will be introduced with the techniques for portfolio construction, the importance of trading costs and risks in portfolio implementation.
  • By the end of the course, students are expected to be well-prepared to start a career in asset, private wealth, endowment or pension fund management.