BE300-4-FY-CO:
Quantitative Methods and Finance

The details
2019/20
Essex Business School
Colchester Campus
Full Year
Undergraduate: Level 4
Current
Thursday 03 October 2019
Friday 26 June 2020
30
01 October 2019

 

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

 

BE310, BE311, BE312, BE313, BE314, BE317, BE334, BE339, BE610, BE910, BE916, EC251, EC252, EC322, EC368, EC371, EC372, EC383, MA212

Key module for

BSC N400 Accounting,
BSC N401 Accounting (Including Foundation Year),
BSC N402 Accounting (Including Year Abroad),
BSC N404 Accounting (Including Placement Year),
BSC N420 Accounting and Finance,
BSC N422 Accounting and Finance (Including Placement Year),
BSC NN43 Accounting and Finance (Including Foundation Year),
BSC NNK3 Accounting and Finance (Including Year Abroad),
BSC NN24 Accounting and Management,
BSC NN27 Accounting and Management (Including Placement Year),
BSC NN42 Accounting and Management (Including Foundation Year),
BSC NNK2 Accounting and Management (Including Year Abroad),
BSC N4L1 Accounting with Economics (Including Foundation Year),
BSC NKL1 Accounting with Economics (Including Year Abroad),
BSC NL41 Accounting with Economics,
BSC NL44 Accounting with Economics (Including Placement Year),
BSC N390 Banking and Finance,
BSC N392 Banking and Finance (Including Placement Year),
BSC NH90 Banking and Finance (Including Year Abroad),
BSC NR3Y Banking and Finance with a Modern Language,
BSC N200 Business Management,
BSC N201 Business Management (Including Foundation Year),
BSC N202 Business Management (Including Year Abroad),
BSC N204 Business Management (Including Placement Year),
BSC N300 Finance,
BSC N301 Finance (Including Foundation Year),
BSC N302 Finance (Including Year Abroad),
BSC N304 Finance (Including Placement Year),
BSC N3T1 Finance with Mandarin,
BSC N340 Financial Management,
BSC N343 Financial Management (Including Placement Year),
BSC NH40 Financial Management (Including Year Abroad),
BSC NN25 Management and Marketing,
BSC NN2M Management and Marketing (Including Placement Year),
BSC NNF5 Management and Marketing (Including Year Abroad),
BA L147 Financial Economics and Accounting (Including Placement Year),
BA L148 Financial Economics and Accounting,
BA L149 Financial Economics and Accounting (Including Year Abroad),
BSC N344 Finance and Management,
BSC N345 Finance and Management (Including Year Abroad),
BSC N346 Finance and Management (Including Placement Year),
BSC N347 Finance and Management (Including Foundation Year),
BA LN10 Business Economics,
BA LN11 Business Economics (Including Year Abroad),
BA LN12 Business Economics (Including Placement Year),
LLB MN10 Law with Finance,
LLB MN11 Law with Finance (Including Year Abroad),
LLB MN12 Law with Finance (Including Placement Year)

Module description

The aim of this module is to provide an introduction to the subject of quantitative methods and their applications in finance, accounting and management. The module is designed to provide a sound foundation for your future studies. The topics covered include maths revision, the time value of money, rates of change (calculus), statistics, probability distributions and simple regression.

IMPORTANT: some students find the maths and statistics to be challenging. This is normal. If you find the lectures to be difficult and perhaps moving too quickly, be sure to make use of the additional lectures and support clinics that we make available.

Module aims

1) To develop and transmit knowledge about and proficiency in quantitative methods and their applications in finance, accounting and management, at an introductory level.
2) To give students an appreciation of the role that quantitative methods play in finance, accounting and management subject areas.
3) To provide students with a firm foundation for further studies in finance, accounting and management.

Module learning outcomes

On successful completion of the module, students will be able to:
1. Solve a variety of algebraic problems;
2. Understand and apply the concepts of compounding and discounting;
3. Apply calculus techniques to solve problems in finance and economics;
4. Understand and solve problems involving descriptive statistics and probabilities;
5. Understand and apply significance tests and regression analysis

Module information

Assessment - In-class tests 26% / Coursework 24% / Exam 50% (Across Both Terms)

Learning and teaching methods

The module material will be delivered in the following way: 1. 2-hour lecture each week; 2. 1-hour weekly class. You will be assigned to a class and you must attend that class. Your class attendance will be monitored!

Bibliography

  • Smart, Scott B.; Gitman, Lawrence J.; Joehnk, Michael D. (2017) Fundamentals of investing, Harlow: Pearson Education.
  • Micklethwait, John; Addison, Paul; Sondag, Jennifer; Grueskin, Bill; Winkler, Matthew. (2017) The Bloomberg way: a guide for journalists, Hoboken, New Jersey: John Wiley & Sons, Inc. vol. 2884
  • Casu, Barbara; Girardone, Claudia; Molyneux, Philip. (2015) Introduction to banking, Harlow: Pearson.

The above list is indicative of the essential reading for the course. The library makes provision for all reading list items, with digital provision where possible, and these resources are shared between students. Further reading can be obtained from this module's reading list.

Assessment items, weightings and deadlines

Coursework / exam Description Deadline Weighting
Coursework AUTUMN IN CLASS TEST 20.00%
Coursework AU WEEKLY TEST 1
Coursework AU WEEKLY TEST 2
Coursework AU WEEKLY TEST 3
Coursework AU WEEKLY TEST 4
Coursework AU WEEKLY TEST 5
Coursework AU WEEKLY TEST 6
Coursework SP WEEKLY TEST 1
Coursework SP WEEKLY TEST 2
Coursework SP WEEKLY TEST 3
Coursework SP WEEKLY TEST 4
Coursework SP WEEKLY TEST 5
Coursework SP WEEKLY TEST 6
Coursework Spring Term Essay 18/03/2020 48.00%
Exam 120 minutes during Summer (Main Period) (Main)

Overall assessment

Coursework Exam
50% 50%

Reassessment

Coursework Exam
50% 50%
Module supervisor and teaching staff
Dr Sam Astill and Dr Udichibarna Bose (AU Term), Dr Anna Sarkisyan and Dr Senyu Wang (SP Term) and Kiet Duong, Mianjun Fu, Jin Huang, Xiaoxian Meng, Ming-Tsung Lin, Milica Matovic,
ebsugcol@essex.ac.uk

 

Availability
No
No
No

External examiner

Dr Apostolos Kourtis
The University of East Anglia
Senior Lecturer in Finance
Dr Athanasios Verousis
The University of Newcastle-upon-Tyne
Senior Lecturer in Accounting & Finance
Resources
Available via Moodle
Of 670 hours, 490 (73.1%) hours available to students:
85 hours not recorded due to service coverage or fault;
95 hours not recorded due to opt-out by lecturer(s).

 

Further information
Essex Business School

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