IB9CU-15 Data Analytics
Introductory description
This module aims to equip students with the necessary knowledge and skills to understand, critique, and conduct quantitative financial accounting research.
Module aims
By the end of the module, students should be able to design and execute valid and reliable quantitative financial accounting research projects, using critical, analytical, and technical skills acquired during the term. The priority of the module would be the ability to implement these methods. This involves writing code in STATA to perform these methods so the students understand what they are doing and how to do it.
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.
Describing Company Data
Collecting Company Data
Describing Relationships
Regression Analysis
Model Specification Issues
Common Issues in Regression Analysis
Advance Methods & Causality
Learning outcomes
By the end of the module, students should be able to:
- Analyse the main financial archival accounting datasets used in empirical research.
- Understand the main econometric techniques used to analyse financial archival accounting data.
- Explain the role of financial archival accounting research in capital market and ESG settings.
- Critically evaluate the quality of financial archival accounting research.
- Identify and explain the limitations of financial archival accounting research.
- Formulate and test alternative hypotheses using financial archival accounting data.
Indicative reading list
Huntington-Klein, N. (2021). The effect: An introduction to research design and causality. Chapman and Hall/CRC.
Wooldridge, J. M. (2010). Econometric analysis of cross section and panel data. MIT press.
Smith, M. (2022). Research Methods in Accounting
A. H. Studenmund; Johnson. B K (2017) A practical guide to using econometrics
Wooldridge, J M (2020) Introductory Econometrics: a modern approach
Pearl, J (2016) Causal Inference in Statistics: A Primer
The Accounting Review volume 97 issue 3 - OUt of Control: The (Over) Use of Controls in Accounting Research pp 395-413
Angrist J D, Pischke, J-S (2015) Mastersing "metrics": the path from cause to effect
Research element
This is a research module, so covers multiple elements of collecting, analysing and presenting research
Interdisciplinary
The module will incorporate some interdisciplinary elements, from management and finance
Subject specific skills
Collect and analyse financial archival accounting data using WRDS and STATA.
Conduct an empirical research project using financial archival accounting data.
Communicate financial archival accounting research findings effectively in writing.
Apply financial archival accounting research to real-world problems in finance and accounting.
Transferable skills
Communicate financial archival accounting research findings effectively in written reports.
Work collaboratively with others to design and implement financial archival accounting research projects.
Manage time effectively to meet research project deadlines.
Technical and Programming Skills:
Study time
| Type | Required |
|---|---|
| Lectures | 9 sessions of 1 hour (6%) |
| Seminars | 9 sessions of 1 hour (6%) |
| Online learning (scheduled sessions) | 9 sessions of 1 hour (6%) |
| Private study | 53 hours (35%) |
| Assessment | 70 hours (47%) |
| Total | 150 hours |
Private study description
Self 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 C3
| Weighting | Study time | Eligible for self-certification | |
|---|---|---|---|
Assessment component |
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| 2000 word essay | 40% | 28 hours | Yes (extension) |
Reassessment component is the same |
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Assessment component |
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| Participation | 10% | 7 hours | Yes (extension) |
Reassessment component is the same |
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Assessment component |
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| In-person Examination | 50% | 35 hours | No |
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Reassessment component is the same |
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Feedback on assessment
Advice and feedback on project work will be given during seminars. Written feedback will be given on the submitted coursework.
Courses
Course availability information is based on the current academic year, so it may change.This module is Core optional for:
- Year 1 of TIBS-N4N3 MSc in Accounting and Finance