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Fundamentals of Investments

Module titleFundamentals of Investments
Module codeINT3624
Academic year2021/2
Module staff

Areeya Srisai (Convenor)

Duration: Term123
Duration: Weeks



Number students taking module (anticipated)


Description - summary of the module content

Module description

This module covers the field of investment. It describes the main participants, their objectives and constraints, and the major investment markets. The module covers investment strategies for bonds, equities, and structured products including the use of derivatives in managing risk. Portfolio optimisation and asset allocation are covered, as well as how to measure portfolio performance. 

Module aims - intentions of the module

The aim of this module is to equip students with a fundamental knowledge of investment theory and portfolio management. In particular the module provides students with a rigorous understanding of the concepts and techniques used by finance specialists, enabling students to apply these techniques in practical application of investment analysis. Through a combination of lectures, tutorial classes and computer training on Excel functions, students will be provided with a solid foundation in financial theory and practice, providing the necessary grounding for further modules in finance.

Intended Learning Outcomes (ILOs)

ILO: Module-specific skills

On successfully completing the module you will be able to...

  • 1. Demonstrate a critical understanding of the working of the financial system to optimise resources over time in a situation of uncertainty
  • 2. Demonstrate a secure understanding of asset valuation models and techniques of risk management and the ability to apply these to practical examples
  • 3. Demonstrate a comprehensive and critical understanding of portfolio construction and management and the ability to apply their knowledge to practical examples
  • 4. Demonstrate a secure understanding of financial instruments, such as equity, bonds, options and futures

ILO: Discipline-specific skills

On successfully completing the module you will be able to...

  • 5. Demonstrate an understanding of combinations of securities which deliver a particular risk/return combination

ILO: Personal and key skills

On successfully completing the module you will be able to...

  • 6. Communicate in English in speech and writing within the subject area
  • 7. Work as part of a team
  • 8. Present materials for group discussion, including numerical or other data in graphical form
  • 9. Collect and analyse data and research for writing an assignment

Syllabus plan

Syllabus plan

  • Introduction to financial markets and institutions
  • Investment objectives and constraints
  • Buying and Selling Securities
  • Introduction to asset valuation models and techniques
  • Portfolio theory and risk management
  • Capital asset pricing model and other pricing models.
  • Evaluation of portfolios (mutual funds, pension funds and other institutionally managed funds)

Learning and teaching

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

Scheduled Learning and Teaching ActivitiesGuided independent studyPlacement / study abroad

Details of learning activities and teaching methods

CategoryHours of study timeDescription
Scheduled Learning & Teaching Activities20Lectures
Scheduled Learning & Teaching Activities40Seminars/Tutorials
Self-study20Web-based activities (CMAs)
Guided Independent Study70Researching on financial reports of listed companies and collecting financial data and run excel-based financial modelling


Formative assessment

Form of assessmentSize of the assessment (eg length / duration)ILOs assessedFeedback method
Weekly online exercise (CMAs)10 x 60 minutes1-5Correct answers provided on McGraw-Hill Connect platform

Summative assessment (% of credit)

CourseworkWritten examsPractical exams

Details of summative assessment

Form of assessment% of creditSize of the assessment (eg length / duration)ILOs assessedFeedback method
3 x online tests (CMAs)303 x 1 hour1-5Written feedback
Group Presentation2010-15 minutes1-9Written and Verbal Feedback
Group Project (Portfolio Management)502000 words including tables1-9Written feedback


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

Original form of assessmentForm of re-assessmentILOs re-assessedTimescale for re-assessment
Group Assignment (Portfolio Management)Written Assignment1-9Within 4 weeks of examination board

Re-assessment notes

Deferral– if you miss an assessment for reasons judged legitimate by the Mitigation Committee, the applicable assessment will normally be deferred. See ‘Details of reassessment’ for the form that assessment usually takes. When deferral occurs, there is ordinarily no change to the overall weighting of that assessment.

Referral– if you have failed the module overall (i.e. a final overall module mark of less than 40%) you will be required to re-submission an assignment (see ‘Details of Re-assessment). A maximum grade of 40% will be awarded for this module.


Indicative learning resources - Basic reading

Core text:

  • Jordan B.D., Miller T. W. and Dolvin S.D. (2015). Fundamentals of Investments (8th Ed.). McGraw Hill: IBSB: 9780077139582.
  • Additional reading:
  • Sharp, W. F., Alexander G. J. & Bailey J. V. (2001). Fundamentals of Investments (3rd Ed.). Harlow: Prentice Hall. ISBN: 0132926172.
  • Bennings, S. (2000). Financial Modelling (2nd Ed.). Boston Mass: MIT. ISBN: 0262024829.

Indicative learning resources - Web based and electronic resources

Module has an active ELE page

Indicative learning resources - Other resources

Key words search

Investments, Portfolio management, Risk management, Diversification

Credit value15
Module ECTS


Module pre-requisites


Module co-requisites


NQF level (module)


Available as distance learning?


Origin date


Last revision date