Module Catalogues, Xi'an Jiaotong-Liverpool University   
Module Code: ACF443
Module Title: Equity: Cash and Derivative Instruments
Module Level: Level 4
Module Credits: 5.00
Academic Year: 2019/20
Semester: SEM1
Originating Department: International Business School Suzhou
Pre-requisites: ACF409
Equity markets, cash and derivatives are core to financial markets and investment management. It is also a core area that this programme must cover to meet our CFA Recognition status. Students are taught how to describe equity securities (cash and derivative) and their markets, valuation measures and drivers. Students will also become familiar with market micro-structure around the world and the various related areas to equities, like Indexes and ETFs. Students are also be trained in the usage of industry analytic systems that are essential for this highly quantitative area of financial markets.
Learning outcomes 
A Demonstrate a systematic understanding of knowledge, and a critical awareness of current issues in the area of professional practice related to equity securities, cash and derivative instruments.

B Demonstrate originality in the application of knowledge, together with a practical understanding of established, applied techniques of research and analysis as used to interpret knowledge and practice in the area of equity securities, cash and derivative instruments.

C Develop a conceptual understanding that enables them to evaluate methodologies and develop critiques of them and, where appropriate, propose new practices.

Method of teaching and learning 
This module will be taught using a combination of lectures, tutorials and investment seminars in the Thomson Reuters financial lab. Learning will be reinforced by appropriate readings from both the textbook and topical articles in the financial press.
A. Types of Equity Securities and Their Characteristics

B. Equity Markets: Characteristics, Institutions, and Benchmarks

C. Equity market microstructure.

D. Fundamental Analysis (Sector, Industry, Company) and the Valuation of Individual Equity Securities

E. Equity Market Valuation and Return Analysis

F. Equity of Hybrid Investment Vehicles

Delivery Hours  
Lectures Seminars Tutorials Lab/Prcaticals Fieldwork / Placement Other(Private study) Total
Hours/Semester 28      13    109  150 


Sequence Method % of Final Mark
1 Class Test 30.00
2 Coursework 30.00
3 Final Exam 40.00

Module Catalogue generated from SITS CUT-OFF: 6/3/2020 12:37:40 AM