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Durham University

Postgraduate Module Handbook 2021/2022

Archive Module Description

This page is for the academic year 2021-22. The current handbook year is 2022-23

Department: Economics and Finance

ECON410JN: PORTFOLIO MANAGEMENT

Type Tied Level 4 Credits 15 Availability Not available in 2021/22
Tied to N3K109J Finance (commencing in January) (suspended for 21/22)
Tied to N3K209J Finance (Accounting and Finance) (commencing in January) (suspended for 21/22)

Prerequisites

  • None

Corequisites

  • Advanced Financial Theory (ECON412JN)

Excluded Combination of Modules

  • None

Aims

  • develop students' knowledge and understanding of key issues in asset allocation and portfolio composition and management at an advanced level;
  • provide students with the opportunity to develop the ability to critically understand current theoretical and empirical research in the field of portfolio theories and their implications on alternative portfolio composition and management strategies.

Content

  • Selecting and Managing Equity Portfolios;
  • Asset Allocation;
  • Portfolio Performance Evaluation;
  • Fixed Income Securities: Analysis and valuation; Managing fixed income securities;
  • Derivative Securities and Portfolio Risk Management.

Learning Outcomes

Subject-specific Knowledge:
  • have explored, understood and appreciated the complexity and diversity of the current relevant academic literature and its implications for professional practice, and be able to identify open questions for their own research;
  • have demonstrated ability to learn and work independently in this area, exercising critical judgement and discrimination in the resolution of complex problematic situations.
Subject-specific Skills:
  • have used highly specialised and advanced technical, professional and academic skills in asset allocation and composition and management of portfolios;
  • have practised problem solving and analytical skills in a complex specialised context.
Key Skills:
  • Written Communication;
  • Planning, Organising and Time Management;
  • Problem Solving and analysis;
  • Using initiative;
  • Numeracy;
  • Computer Literacy.

Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module

  • A combination of lectures, seminars and guided reading will contribute to achieving the aims and learning outcomes of this module. The summative written assignment will test students' knowledge and critical understanding of the material covered in the module, their analytical and problem-solving skills.

Teaching Methods and Learning Hours

Activity Number Frequency Duration Total/Hours
Lectures 9 1 per week 2 hours 18
Seminars 4 fortnightly 1 hour 4
Preparation & Reading 126
Revision Sessions 2 1 hour 2
Total 150

Summative Assessment

Component: Assignment Component Weighting: 100%
Element Length / duration Element Weighting Resit Opportunity
Written assignment 2,500 words maximum 100% Same

Formative Assessment:

Work prepared by students for seminars; answers to questions either discussed during a seminar, or posted on DUO.


Attendance at all activities marked with this symbol will be monitored. Students who fail to attend these activities, or to complete the summative or formative assessment specified above, will be subject to the procedures defined in the University's General Regulation V, and may be required to leave the University