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FINS5542 Applied Funds Management - 2025

General Course Information

Course Code :  FINS5542

Year :  2025

Term :  Term 3

Course Details & Outcomes

Course Description

This is a laboratory and theoretical based course that develops fundamental concepts of asset valuation in a world with time varying risk, in order to construct and manage an investment portfolio. The course focuses on the recent advances in quantitative finance including risk modelling, forecasting, portfolio construction and evaluation. The aim is to provide students with a practitioner-orientated view of asset management where concern is based on generating superior returns. Topics focus primarily on empirical and practical tools required to actively manage an investment over time.

Course Aims

This subject provides an introduction to quantitative investment management with a strong emphasis upon computation. Modern quantitative techniques are employed that are used extensively in an applied context. Measuring, modelling and forecasting key financial parameters are essential elements in the delivery of the course, which are important for successful management of investment portfolios, including equity and hedge fund portfolios. Students are expected to develop their quantitative skills using modern statistical software such as Ox and STATA. The course builds on the finance concepts learnt in introductory investments with stronger emphasis on computing.

Relationship to Other Courses

This subject provides an introduction to quantitative investment management with a strong emphasis upon computation. Modern quantitative techniques are employed that are used extensively in an applied context. Measuring, modelling and forecasting key financial parameters are essential elements in the delivery of the course, which are important for successful management of investment portfolios, including equity and hedge fund portfolios. Students are expected to develop their quantitative skills using modern statistical software such as Ox and STATA. The course builds on the finance concepts learnt in introductory investments with stronger emphasis on computing. FINS5513 or equivalent is the pre- or co- requisite.

Course Learning Outcomes

Course Learning Outcomes

Program learning outcomes

CLO1 : Explain standard approaches to quantitative analysis in investments.

PLO1 : Business Knowledge

• PLO3 : Business Communication

CLO2 : Use quantitative methods in

investment with computing skills in matrix programming and statistical software.

PLO2 : Problem Solving

CLO3 : Evaluate methods of quantitative analysis.

PLO1 : Business Knowledge

PLO2 : Problem Solving

• PLO3 : Business Communication

CLO4 : Construct written work in time varying risk and portfolio management which is

logically and professionally presented.

PLO1 : Business Knowledge

PLO2 : Problem Solving

• PLO3 : Business Communication

CLO5 : Communicate time varying risk and

portfolio management ideas in a succinct and clear manner.

PLO1 : Business Knowledge

PLO2 : Problem Solving

• PLO3 : Business Communication

CLO6 : Work collaboratively to complete a group assignment.

PLO2 : Problem Solving

• PLO3 : Business Communication

PLO4 : Teamwork

Course Learning Outcomes

Assessment Item

CLO1 : Explain standard approaches to quantitative analysis in investments.

• Individual Assignment 1

• Individual Assignment 2

• Group Assignment

CLO2 : Use quantitative methods in

investment with computing skills in matrix programming and statistical software.

• Individual Assignment 1

• Individual Assignment 2

• Group Assignment

CLO3 : Evaluate methods of quantitative analysis.

• Individual Assignment 1

• Individual Assignment 2

• Group Assignment

CLO4 : Construct written work in time varying risk and portfolio management which is

logically and professionally presented.

• Individual Assignment 1

• Individual Assignment 2

• Group Assignment

CLO5 : Communicate time varying risk and

portfolio management ideas in a succinct and clear manner.

• Individual Assignment 1

• Individual Assignment 2

• Group Assignment

CLO6 : Work collaboratively to complete a group assignment.

• Group Assignment