BE399-7-AU-CO:
Postgraduate Mathematics Preparation

The details
2024/25
Essex Business School
Colchester Campus
Autumn
Postgraduate: Level 7
Current
Thursday 03 October 2024
Friday 13 December 2024
0
15 July 2024

 

Requisites for this module
(none)
(none)
(none)
(none)

 

BE362, BE953

Key module for

MSC N42012 Accounting and Finance,
MSC N42024 Accounting and Finance,
MSC N31012 Corporate and Investment Banking,
MSC N31024 Corporate and Investment Banking,
MRESN30012 Finance,
MSC N30012 Finance,
MSC N30024 Finance,
MSC N39012 Investment and Wealth Management,
MSC N39024 Investment and Wealth Management,
MSC N30212 Finance and Management,
MSC N30224 Finance and Management,
MSC N34212 Financial Engineering and Risk Management,
MSC N34224 Financial Engineering and Risk Management,
MSC N3G312 Financial Data Analytics,
MSC N35112 Finance and Global Trading,
MSC N3C112 Financial Technology (Finance),
MSC N3C124 Financial Technology (Finance),
MPHDN30048 Finance,
MPHDN30084 Finance,
PHD N30048 Finance,
PHD N30084 Finance,
MACCN440 Accounting and Finance,
MACCN441 Accounting and Finance (Including Placement Year),
MACCN442 Accounting and Finance (Including Year Abroad)

Module description

This modiles aims to cover topics in mathematics that are likely to be required in finance modules at Master's level at Essex Business School. It focuses on basic algebra, compounding and discounting, calculus, and some optimization. Little or no previous knowledge will be assumed for this part.


This module also aims to give an overview of the mathematical tools that are used in financial journal articles. This involves linear algebra, optimisation and optimal control theory, and integration and differential equations. Previous knowledge is useful, but it is not expected that the students should master the techniques covered in this module. It is nonetheless useful that the students gain a basic understanding of the tools used in the finance literature.

Module aims

The aims of this module are:



  • To revise or teach basic mathematical skills required in finance modules at Master's level at EBS.

  • To introduce mathematical tools commonly used in finance journal articles.

Module learning outcomes

By the end of the module, students should be able to:

* Solve basic algebraic problems

* Calculate present and future values

* Handle nonlinear functions

* Differentiate functions to find marginal values

* Identify the minimum and maximum points of functions

* Understand the basics of optimisation under uncertainty

* Understand differentiation and integration


Skills for Your Professional Life (Transferable Skills)

The mathematical techniques taught during the module will be useful not only during your Master's programme and future academic activities, but also in your professional life.

* Some of the methods taught will be directly applicable in professional financial roles

* More generally the mathematical skills you obtain in the course will help with problem solving tasks in professional life

Module information

This module is compulsory for finance degree students on the MSc Banking, MSc Banking and Finance, MSc Finance, MSc Finance and Investment, MSc Financial Engineering and Risk Management, MSc International Finance programmes and MSc Finance and Data Analytics; and and for the MSc Accounting and Finance and MSc Finance and Management programmes.

Learning and teaching methods

This module will be delivered via:

  • One 2-hour lecture per week.
  • One 1-hour class per week.

Students will be allocated to a specific class and attendance at classes is compulsory and will be monitored.

Bibliography*

This module does not appear to have a published bibliography for this year.

Assessment items, weightings and deadlines

Coursework / exam Description Deadline Coursework weighting
Coursework   On-line Formative Assessment     

Exam format definitions

  • Remote, open book: Your exam will take place remotely via an online learning platform. You may refer to any physical or electronic materials during the exam.
  • In-person, open book: Your exam will take place on campus under invigilation. You may refer to any physical materials such as paper study notes or a textbook during the exam. Electronic devices may not be used in the exam.
  • In-person, open book (restricted): The exam will take place on campus under invigilation. You may refer only to specific physical materials such as a named textbook during the exam. Permitted materials will be specified by your department. Electronic devices may not be used in the exam.
  • In-person, closed book: The exam will take place on campus under invigilation. You may not refer to any physical materials or electronic devices during the exam. There may be times when a paper dictionary, for example, may be permitted in an otherwise closed book exam. Any exceptions will be specified by your department.

Your department will provide further guidance before your exams.

Overall assessment

Contact your department for more information.

Reassessment

Contact your department for more information.

Module supervisor and teaching staff
Prof Ekaterini Panopoulou, email: a.panopoulou@essex.ac.uk.
Prof Katerina Panopoulou
Email: ebspgtad@essex.ac.uk

 

Availability
No
No
Yes

External examiner

No external examiner information available for this module.
Resources
Available via Moodle
Of 30 hours, 23 (76.7%) hours available to students:
7 hours not recorded due to service coverage or fault;
0 hours not recorded due to opt-out by lecturer(s).

 

Further information
Essex Business School

* Please note: due to differing publication schedules, items marked with an asterisk (*) base their information upon the previous academic year.

Disclaimer: The University makes every effort to ensure that this information on its Module Directory is accurate and up-to-date. Exceptionally it can be necessary to make changes, for example to programmes, modules, facilities or fees. Examples of such reasons might include a change of law or regulatory requirements, industrial action, lack of demand, departure of key personnel, change in government policy, or withdrawal/reduction of funding. Changes to modules may for example consist of variations to the content and method of delivery or assessment of modules and other services, to discontinue modules and other services and to merge or combine modules. The University will endeavour to keep such changes to a minimum, and will also keep students informed appropriately by updating our programme specifications and module directory.

The full Procedures, Rules and Regulations of the University governing how it operates are set out in the Charter, Statutes and Ordinances and in the University Regulations, Policy and Procedures.