Essex Business School
Undergraduate: Level 6
Thursday 05 October 2023
Friday 15 December 2023
06 July 2023
Requisites for this module
The purpose of this module is to introduce students to the principles of alternative investments.
This module provides a detailed analysis of various classes of alternative investments in the financial markets. Specifically, these classes include commodities, hedge funds, mutual funds, private equity/venture capital and real estate investment trusts (REITS). The theoretical part of the module aims at deepening the understanding of each given investment category, while the practical part focuses on formulating and implementing various active and passive investment strategies, as well as quantifying the risks associated with them
The aims of this module are:
- To provide an in-depth understanding of the alternative investment assets available to private and institutional investors in a globalised market.
- To focus on the industries classified under alternative investments.
- To add a new dimension to the construction and management of traditional investment portfolios, such as bonds and equities.
By the end of this module, students will be expected to be able to:
- Have a clear and comprehensive understanding of alternative asset classes as investment vehicles.
- Understand how one can invest in various commodities, construct related portfolios and manage them for both hedging and investment purposes.
- Gain an in-depth knowledge of the structure of the hedge fund industry and its investments strategies.
- Evaluate the performance of mutual and hedge fund managers.
- Use real estate and private equity as a profit enhancing investment method and understand the structure of these investment vehicles.
- Formulate various active and passive investment strategies, analyse and manage their risk.
Skills for Your Professional Life (Transferable Skills)
This module is geared towards building up or enhancing the following transferable skills:
- Ability to contribute to the shaping and implementation of an investment decision.
- Planning and working independently using various learning resources.
- Debate, formulate and solve problems within the field of alternative investment management.
- Ability to analyse real-market data.
- Understanding of the current literature in the field.
No additional information available.
This module will be delivered via:
- One 2-hour lecture per week.
- One 1-hour class per week.
This module does not appear to have a published bibliography for this year.
Assessment items, weightings and deadlines
|Coursework / exam
||Main exam: In-Person, Open Book, 120 minutes during Summer (Main Period)
||Reassessment Main exam: In-Person, Open Book, 120 minutes during September (Reassessment Period)
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.
Module supervisor and teaching staff
Dr Christos Argyropoulos, email: firstname.lastname@example.org.
Dr Christos Argyropoulos and Professor Alexandros Kontonikas
No external examiner information available for this module.
Available via Moodle
Of 26 hours, 26 (100%) hours available to students:
0 hours not recorded due to service coverage or fault;
0 hours not recorded due to opt-out by lecturer(s), module, or event type.
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.