Quantitative Methods In Finance - 2016

To enrol in this unit, you must be accepted into a course from the provider. Read before you start

Unit summary

MFIN1095

  • Level of Study: Postgraduate
  • Study load: 0.125 EFTSL
  • Delivery method: Fully Online
  • Prerequisites: No
  • Duration: 13 weeks
  • Government loans available: FEE-HELP
  • Availability for 2016: Sess 1 , Sess 3
  • Availability for 2017: Sess 1 , Sess 3
  • Assessment: Invigilated Exam (60%) , Project - 4 x Online Submissions (40%)

Unit provided by

or
2016 Fees
AUD$
Domestic 3,840.00
International 4,090.00

The aim of this unit is to introduce you to the Quantitative techniques used in the key areas of Finance such as the Markowitz Portfolio model, Share Price valuation models, Bond Portfolio Management modelling, Capital Market Theory and Derivative Pricing models. All applied work is done using EXCEL and students are encouraged to become familiar with the quantitative modelling capabilities of this spreadsheet package.

At the completion of this unit students will be able to:

  1. use a range of mathematical functions
  2. understand a range of methods used in Financial Mathematics
  3. understand how to use Uni-variate Calculus to define marginal concepts, to describe the behaviour of optimising investors
  4. understand important applications of calculus such as the derivation of the CAPM and Bond Portfolio Management techniques
  5. use Multi-variate Calculus to find both unconstrained and constrained optimal values
  6. be familiar with some key concepts from probability theory
  7. use a range of special probability distributions such as the Normal, the Binomial and the Lognormal that are employed in Finance models
  8. understand important concepts in Statistical Inference
  9. use Matrix or Array commands to set up work-sheets for mathematical models
  10. be familiar with the basic concepts associated with Option Pricing Model.
  • Invigilated Exam (60%)
  • Project — 4 x Online Submissions (40%)
For more information on invigilated exams see Exams and results

There are no prerequisites for this unit.

In order to enrol in this unit, you must be accepted into one of the following courses:

Please visit the course details page and read the Requirements tab for more information about eligibility.

This unit addresses the following topics.

NumberTopic
1Mathematical Functions
2Financial Mathematics
3Uni-variate Calculus and Bond Portfolios
4Basic Probability Theory
5Probability Distributions
6Statistical Inference
7Matrix Algebra and the APT Model
8Multi-variate Calculus, Econometric Applications, CAPM and Portfolio models
9Option Pricing Models

This unit is delivered using the following methods and materials:

Instructional Methods

  • Blogs
  • Discussion Forum/Discussion Board
  • Online Quizzes/Tests
  • Online assignment submission
  • Podcasting/Lecture capture
  • Standard Media
  • Web links
  • Wikis

This unit is a core requirement in the following courses:

This unit may be eligible for credit towards other courses:

  1. Many undergraduate courses on offer through OUA include 'open elective' where any OUA unit can be credited to the course. You need to check the Award Requirements on the course page for the number of allowed open electives and any level limitations.
  2. In other cases, the content of this unit might be relevant to a course on offer through OUA or elsewhere. In order to receive credit for this unit in the course you will need to supply the provider institution with a copy of the Unit Profile in the approved format, which you can download here. Note that the Unit Profile is set at the start of the year, and if textbooks change this may not match the Co-Op textbook list.
This unit does not have a prescribed textbook(s).

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