IB9W0-15 Quantitative Methods for Financial Management

Department: Warwick Business School
Level: Taught Postgraduate Level
Module leader: Zhao Liu
Credit value: 15
Module duration: 10 weeks
Assessment: 20% coursework, 80% exam
Study location: University of Warwick main campus, Coventry

Introductory description

To provide an introduction to advanced quantitative methods to students with quantitative backgrounds.

Module aims

The module will equip students with an understanding of descriptive statistics and data presentation and enable them to apply the major tools needed for finance-related MSc level study and for the use of data analysis in the workplace.

Outline syllabus

This is an indicative module outline only to give an indication of the sort of topics that may be covered. Actual sessions held may differ.

The module will focus on a selection of the following topics:
-Linear Regression Models: OLS estimator. unbiasedness and efficiency, hypothesis testing
-Dummy Variables and Heteroskedasticity
-Limited Dependent Variable Models
-Time Series Data
-Panel Data Methods
-Additional advanced topic

Learning outcomes

By the end of the module, students should be able to:

Demonstrate understanding of mathematical and statistical tools and techniques used in quantitative finance
Think quantitatively and critically

Indicative reading list

Jeffrey M. Wooldridge, Introductory Econometrics: A Modern Approach.
Gary Koop, Introduction to Econometrics, 2008, Wiley.
Wisniewski, M, Quantitative methods for decision makers, 2016, FT Prentice Hall.
Hill, Griffiths, Lim, Principles of Econometrics, 2017, Wiley.
Ruppert, David. Statistics and data analysis for financial engineering. New York, NY: Springer, 2015.

Interdisciplinary

Contents from several disciplines, such as finance and statistics, are included in the module.

Subject specific skills

Conduct statistical tests, such as t- tests and F- tests
Analyze different types of data structures using relevant models.

Transferable skills

Problem solving

Study time

Type	Required
Lectures	10 sessions of 2 hours (13%)
Seminars	9 sessions of 1 hour (6%)
Private study	48 hours (32%)
Assessment	73 hours (49%)
Total	150 hours

Private study description

Private study to include preparation for assessment and pre-reading for lectures and seminars.

Costs

No further costs have been identified for this module.

You do not need to pass all assessment components to pass the module.

Assessment group D4

	Weighting	Study time	Eligible for self-certification
Assessment component
Mid-term test	20%	15 hours	No
45 minutes (may be Face to face or online)
Reassessment component is the same
Assessment component
In-person Examination	80%	58 hours	No
Answerbook Pink (12 page) Students may use a calculator
Reassessment component is the same

Feedback on assessment

Feedback via My.WBS

Past exam papers for IB9W0

Courses

This module is Core for:

Year 1 of TIBS-N1C3 Postgraduate Taught (Financial Management)