| Unit name | Quantitative Methods for Accounting and Finance |
|---|---|
| Unit code | EFIMM0091 |
| Credit points | 15 |
| Level of study | M/7 |
| Teaching block(s) |
Teaching Block 1 (weeks 1 - 12) |
| Unit director | Dr. Pedio |
| Open unit status | Not open |
| Units you must take before you take this one (pre-requisite units) |
Students should have basic understanding of linear algebra and basic calculus. |
| Units you must take alongside this one (co-requisite units) |
Nil |
| Units you may not take alongside this one |
None |
| School/department | School of Accounting and Finance - Business School |
| Faculty | Faculty of Social Sciences and Law |
An introduction to econometrics techniques concentrating on those used in accounting and corporate finance, as well as some notions in time series. This will assist students in the understanding of applied studies in accounting and finance and prepare them for a range of optional units in the Spring Term and their dissertation in the summer.
By the end of the course, students will have to:
1) Recognize the different types of data sets common in accounting and finance;
2) Critically assess available empirical methods in accounting and finance;
3) Discuss the limitations of such quantitative methods;
4) Critically map different datasets with adequate quantitative methods;
5) Explain the economic meaning of outputs of the aforementioned quantitative methods applied to different datasets.
Teaching will be delivered through a combination of synchronous and asynchronous sessions including lectures, tutorials, drop-in sessions, discussion boards and other online learning opportunities
Summative:
This unit will be assessed by 100% exam (3 hours). This assessment will cover ILO 1, ILO 2, ILO 3, ILO 4, and ILO 5.
Any re-assessment required will be a like for like assessment.
Formative:
There are two formative assessments, one in week 7 and the other in week 12. In groups of 3 to 4 students, students have to read the assigned journal article and answer 10 to 12 questions about the article. These questions are intended to help students review the material covered in the unit, and apply the theoretical knowledge in practice.
If this unit has a Resource List, you will normally find a link to it in the Blackboard area for the unit. Sometimes there will be a separate link for each weekly topic.
If you are unable to access a list through Blackboard, you can also find it via the Resource Lists homepage. Search for the list by the unit name or code (e.g. EFIMM0091).
How much time the unit requires
Each credit equates to 10 hours of total student input. For example a 20 credit unit will take you 200 hours
of study to complete. Your total learning time is made up of contact time, directed learning tasks,
independent learning and assessment activity.
See the University Workload statement relating to this unit for more information.
Assessment
The Board of Examiners will consider all cases where students have failed or not completed the assessments required for credit.
The Board considers each student's outcomes across all the units which contribute to each year's programme of study. For appropriate assessments, if you have self-certificated your absence, you will normally be required to complete it the next time it runs (for assessments at the end of TB1 and TB2 this is usually in the next re-assessment period).
The Board of Examiners will take into account any exceptional circumstances and operates
within the Regulations and Code of Practice for Taught Programmes.
