Studying at York
Introduction to Finance - ECO00021C
- Department: Economics and Related Studies
- Credit value: 20 credits
- Credit level: C
- Academic year of delivery: 2024-25
- See module specification for other years: 2023-24
Module summary
This course will provide an introduction to Finance and an overview of the Finance discipline.
Module will run
| Occurrence | Teaching period |
|---|---|
| A | Semester 2 2024-25 |
Module aims
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To develop an understanding of the rapidly evolving and exciting theory of finance.
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To familiarise with financial decision making.
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To raise awareness of the environment in which financial decisions are made.
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To provide training in the key issues of capital markets.
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To understand the importance of risk management in financial markets.
Module learning outcomes
On completing the module students should be familiar with:
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The time value of money, the notion of compound interest, the definition of the internal rate of return, the valuation of financial instruments and the perpetual growth model.
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The four criteria that companies use to make investment decisions the net present value rule, the payback rule, the profitability index rule and the internal rate of return rule.
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The distinct features of main financial instruments such as bonds and stocks.
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The general principles of pricing and use of financial instruments.
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The concepts of market efficiency, portfolio risk and diversification.
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The characteristic line and the definitions of the equity risk premium.
Indicative assessment
| Task | % of module mark |
|---|---|
| Closed/in-person Exam (Centrally scheduled) | 100 |
Special assessment rules
None
Indicative reassessment
| Task | % of module mark |
|---|---|
| Closed/in-person Exam (Centrally scheduled) | 100 |
Module feedback
Feedback will be provided in line with University policy
Indicative reading
Corporate Finance, Berk and DeMarzo, Global Edition, Pearson, 2021.