本人是這個專業(yè)的,就先把這個專業(yè)的情況介紹給大家,主要介紹課程設置、師資配備等,信息共享。
第一學期課程
Investment Mathematics
Statistics for Finance:
Financial Markets
Analysis of Corporate Financial Information
兩門數(shù)學課,兩門專業(yè)課。
Investment Mathematics
投資數(shù)學并不是單純的國內(nèi)的高數(shù)線代之類的課,它是和金融投資模型緊密結(jié)合的,實用性很強。所以不要以為國內(nèi)的數(shù)學學的夠好到這邊就可以應對自如了,因為不光光是數(shù)學問題。關(guān)于這門課究竟涉及到多少數(shù)學的知識,現(xiàn)在課程已經(jīng)進行一半,下下周就期中考 ,到目前為止的數(shù)學上的應用,也就只是單純的代數(shù)問題,很少涉及到微積分,因為國外同學真的不懂微積分,稍微涉及到一點他們就呼天搶地了,所以很少,即使有也是最基本的積分問題。但是下學期學些什么,我還不知道,相信有國內(nèi)的數(shù)學基礎,這門課不會是太難的東東~
上課的是Andrew Adams, 貌似是純正英國人。Senior Lecturer in Finance and Director of the Centre for Financial Markets Research at the University of Edinburgh. He has studied financial markets for over thirty years, as a practitioner in the City of London and as an academic. His research interests focus mainly on investment trust pricing and risk.
這門課20個課時的lecture,10個課時的tutorial,tutorial就是習題課,有老師幫大家復習上節(jié)課的重點,然后講課后習題??荚囆问绞瞧谥锌?全部選擇題)占30%,期末考(全應用題)占70%。
Statistics for Finance-
統(tǒng)計的難易,要因人而異了。其實現(xiàn)在學的東西,很多高中就學過,抑或是本科的概率統(tǒng)計中涉及的內(nèi)容,用英語講出來而已。不過這個思維還是需要轉(zhuǎn)換一下才可以適應。但是對于高中或者本科沒有學過概率統(tǒng)計的同學來講,就有一定難度了,因為是全新的東西,需要花一定時間去消化理解。
老師叫Angelica Gonzalez,有墨西哥血統(tǒng)。這門課也是20個課時的lecture,10個課時的tutorial,tutorial中會涉及相關(guān)excel, eviews的操作指導??荚囆问绞瞧谥锌?全部選擇題)占30%,期末考(全應用題)占70%。課程安排如下:
Topic 1: data: Plots and summaries
Topic 2: Introduction to Probability,包括Random variables, conditional and joint distributions, IID random variables, random walk model& h" W" M8 Q$ _! z4 S3 [. A% / A
Topic 3: covariance and correlation, normal distribution, cumulative distribution functions, expectation as a 'long run average', central limit theorem等
Topic 4: statistic inference: confidence intervals, hypothesis tests, and p-values) n4 S6 m+ n6 n q
Topic 5: regression analysis, the simple linear regression model, fits, residuals, and r-squared, multiple regression analysis
看起來很復雜,其實大家仔細看看就會發(fā)現(xiàn),對于學過統(tǒng)計的同學,很多東西都很熟悉。相信大家會對統(tǒng)計的難易程度有一定的了解了。
Financial Markets
之前看過一篇評價各個商學院課程設置的帖子,評價financial markets這門課講的過于寬泛,范圍太大,有些不精致。個人感覺,的確有一些不夠細節(jié)。因為market是一個很大的東西,想要10節(jié)課把所有東西講清楚講具體是不可能的事情,只能說是點到為止。但是這門課的老師是CFA,相當有經(jīng)驗的那種,很多人都很喜歡上他的課,因為一點也不死板,會講很多實際的東西,大家一致意見都不錯。其實話說回來,課程如果太泛,這就需要你去做大量的reading了,具體的東西是要靠自己看書看來得,不能靠老師上課講的東西就能應付得了的。
老師是Alistair Byrne,CFA。這門課也是20個課時的lecture,10個課時的tutorial,tutorial是group discussion,老師會給幾個重要的topic,小組討論完之后進行presentation??荚囆问绞?,30%的group assignment,四個人組成的小組寫一篇4000字的論文;期末70%的考試,開放性試題,比較擔心。
課程如下:
Week 1: financial markets and institutions
week 2: the credit crunch, northern rock, and retail banking
week 3: investment banking: the global settlement
week 4: equity capital market
week 5: debt capital markets
week 6: fund management and mutual funds
week 7: hedge funds:
week 8: pension funds and the pensions crisis
week 9: market efficiency and financial regulation
week 10: international comparisons
Analysis of Corporate Financial Information
這門課說白了是教你如何分析一家公司的好壞,通過各種報表各種數(shù)據(jù)各種比率,什么比率說明了公司的哪方面如何如何,對于有問題的方面要如何改進等等。這門課最好要有會計基礎,看得懂報表(當然這個老師上課會教)。這門課是和accounting and finance專業(yè)的同學一起上。老師是希臘人,口音超級重 要好好適應一段時間。對于基本沒有會計基礎的我,上課要好好下功夫了。。。
老師是Maria Michou。MSc Accounting and Finance的programme director,Exeter的MSc, PHD,曾任教于MBS。這門課20個課時的lecture,3個課時的workshop,12個課時的tutorial,和workshop類似,會有很多數(shù)據(jù)庫的training,因為要查很多數(shù)據(jù),所以tutor會教你如何使用各種database??荚囆问绞?,30%的group assignment,五個人組成的小組寫一篇5000字的論文;期末70%的考試。
課程如下:
week 1: financial statements: form and content of financial statement
week 2: financial statements: form and content of financial statement (continued)
week 3: ratio analysis
week 4: ratio analysis
week 5: raionale, drivers and perspectives for financial accounting
week 7: internaional harmonisation of accounting
week 8: fair value
week 9: economic approcoaches to asset valuation and income theory
week 10: informational perspectives, forecasting models, signalling and the value of information)
week 11: valuation mode
第二學期,三門必修課+三門選修課
必修課是:Corporate finance, Derivatives, Research methods in Finance
選修課有:Advanced Finance Theory, Advanced International Accounting, Behavioural Finance and Market Anomalies, Cases in Finance and Investment, Equity valuation, Ethics and Corporate Governance, Portfolio management and investment analysis, Public sector financial management 8門課