Courses / Module

• Develop expressions for the expected return on a stock using the CAPM and APT Pricing Models.
• Explain the Security Market Line (SML) and the CAPM.
• Outline the differences and similarities between the Capital Market Line (CML) and the Security Market Line (SML).
• Explain what multifactor models are and how they are related to the APT Model.
• Evaluate the core empirical tests related to the CAPM.
• Explain the theories and evidence for and against the efficient market hypothesis.
• Perform an Event Study.
• Compute various portfolio performance measures.

• 24 lecture hours, 4 laboratory hours, 12 assignment hours, and 40 private study hours

• Module Graded (numeric value) or Ungraded (Pass/Not Passed): Graded
• Continuous Assessment detail(s): 10% of total marks may be awarded for Continuous Assessment.

• Pass standard: 40%
• Could the result of this module be capped? No
• 40%.
• Penalties: No late assignment will be graded. Please consult the relevant year handbook for details of deadlines and penalties.

• One-and-a-half-hour written examination. Continuous assessment mark will be carried forward.
• University scheduled written examination (Autumn): 90 minutes

• FN305 and EC306 or equivalent.

This timetable is not currently available, please contact the Economics,finance & Accounting Department.