Module Description
This module is designed to give you an introduction to the finance subject area. In particular, the module gives an overview of the financial system, instruments and markets and ideas about finance concepts and problems. The topics covered include investment companies, return and risk, and behavioural finance. Throughout the module, extensive use will be made of Excel for applying statistical techniques and you will be inducted in the use of Bloomberg.

Module Aims
1. To develop and transmit knowledge about the financial system, instruments and markets and ideas about finance concepts and problems at an introductory level.
2. To make students aware, at an introductory level, of different ways of thinking about and analysing financial phenomena.
3. To give students an appreciation of the role which finance plays in society
4. To provide students with a firm foundation for further studies in finance.
5. Introduce students to Bloomberg.

Learning Outcomes
After completing this part of the module, students should be able to:
1. Discuss the various traditions, concepts and techniques within finance as a subject discipline;
2. Describe the major features of the financial system including markets and institutions;
3. Understand the relationship between risk and return and the concept of diversification;
4. Understand the role of present value in bond and equity valuation models and describe the role of derivative markets;
5. Have an appreciation of the issues underlying the efficient market hypothesis and the role of the City of London.
6. Be able to use Bloomberg to access financial data and information