| Unit name | Quantitative Methods for Accounting and Finance |
|---|---|
| Unit code | EFIMM0091 |
| Credit points | 15 |
| Level of study | M/7 |
| Teaching block(s) |
Teaching Block 1 (weeks 1 - 12) |
| Unit director | Dr. Rubio |
| Open unit status | Not open |
| Pre-requisites |
Students should have basic understanding of linear algebra and basic calculus. |
| Co-requisites |
Nil |
| School/department | School of Accounting and Finance - Business School |
| Faculty | Faculty of Social Sciences and Law |
An introduction to econometrics techniques concentrating on those used in accounting and corporate finance, as well as some notions in time series. This will assist students in the understanding of applied studies in accounting and finance and prepare them for a range of optional units in the Spring Term and their dissertation in the summer.
By the end of the course, students will have to:
1) Recognize the different types of data sets common in accounting and finance;
2) Critically assess available empirical methods in accounting and finance;
3) Discuss the limitations of such quantitative methods;
4) Critically map different datasets with adequate quantitative methods;
5) Explain the economic meaning of outputs of the aforementioned quantitative methods applied to different datasets.
25 contact hours split between large-group lectures and small-group practical classes in a computer lab.
3 Hour (January) exam.
Intended learning outcomes 1) to 6) will be tested on the exam.
Brooks C. (2014) Introductory Econometrics for Finance Cambridge University Press
Stock, J. H. and M.W. Watson (2014) Introduction to Econometrics, Pearson Education, Inc.
Wooldridge, J. M. (2016) Introductory Econometrics, Cengage Learning
