Mathematics

ECMM720 - Financial Mathematics Project (2015)

Back | Download as PDF
MODULE TITLEFinancial Mathematics Project CREDIT VALUE45
MODULE CODEECMM720 MODULE CONVENERProf Mark Holland (Coordinator)
DURATION: TERM 1 2 3
DURATION: WEEKS 0 11 weeks 0
Number of Students Taking Module (anticipated) 0
DESCRIPTION - summary of the module content

This module gives you the chance to produce a well-researched project on the application of mathematical modeling, and apply it to a problem in finance, either complementing or extending material in the taught part of the programme. Typically, a project will consist of a review of a series of research papers and/or a substantial following of a text book. Computational work by the use of MATLAB or other appropriate package may also form part of a financial mathematics project.

AIMS - intentions of the module

By taking this module, you will develop your research skills and familiarity with current research literature, and will gain experience of independent work on an open-ended problem.

INTENDED LEARNING OUTCOMES (ILOs) (see assessment section below for how ILOs will be assessed)

On successful completion of this module, you should be able to:

 

Module Specific Skills and Knowledge:
1 demonstrate, in your project report, the ability to understand and appraise recent research in some aspect of financial mathematics.
Discipline Specific Skills and Knowledge:
2 reveal, in your project report, the ability to apply computational and/or theoretical aspects of mathematical modeling to a problem in finance.
Personal and Key Transferable/ Employment Skills and  Knowledge:
3 show, in your project report, the ability to write a concise, clear and accurate technical report;
4 display the ability to work independently and to a deadline on an open-ended problem.

SYLLABUS PLAN - summary of the structure and academic content of the module

You will be given details of arrangements for the project, and required to choose a topic. Advice on possible topics for this module, and on prospective supervisors, is available from the module leader. The choice of topics and supervisors will be finalised by the start of term two.


In term two and over the Easter vacation, you will research and write the project. You will also attend regular meetings with your supervisor. The project must be submitted by the due date and must comply with University and College submission requirements.

LEARNING AND TEACHING
LEARNING ACTIVITIES AND TEACHING METHODS (given in hours of study time)
Scheduled Learning & Teaching Activities 11.00 Guided Independent Study 439.00 Placement / Study Abroad
DETAILS OF LEARNING ACTIVITIES AND TEACHING METHODS
Category Hours of study time Description
Scheduled learning and teaching activities 11 Supervision
Guided independent study 439 Assessment preparation; private study
     

 

ASSESSMENT
FORMATIVE ASSESSMENT - for feedback and development purposes; does not count towards module grade
Form of Assessment Size of Assessment (e.g. duration/length) ILOs Assessed Feedback Method
Weekly exercises 5 hours each All Verbal
       
       
       
       

 

SUMMATIVE ASSESSMENT (% of credit)
Coursework 100 Written Exams 0 Practical Exams
DETAILS OF SUMMATIVE ASSESSMENT
Form of Assessment % of Credit Size of Assessment (e.g. duration/length) ILOs Assessed Feedback Method
Project report  100 (30-40 A4 pages) All Written or verbal
         
         
         
         

 

DETAILS OF RE-ASSESSMENT (where required by referral or deferral)
Original Form of Assessment Form of Re-assessment ILOs Re-assessed Time Scale for Re-reassessment
All above Project report All September Ref/Def period
       
       

 

RE-ASSESSMENT NOTES

If a module is normally assessed entirely by coursework, all referred/deferred assessments will normally be by assignment.


If a module is normally assessed by examination or examination plus coursework, referred and deferred assessment will normally be by examination. For referrals, only the examination will count, a mark of 40% being awarded if the examination is passed. For deferrals, candidates will be awarded the higher of the deferred examination mark or the deferred examination mark combined with the original coursework mark.

RESOURCES
INDICATIVE LEARNING RESOURCES - The following list is offered as an indication of the type & level of
information that you are expected to consult. Further guidance will be provided by the Module Convener

Basic reading:
 

Research papers and relevant sections of textbooks as appropriate to the topic of the individual project. However, students are encouraged to gain a basic understanding in the theory of probability and the theory of stochastic processes or stochastic calculus.

 

Suitable references will be suggested by the programme coordinator in advance of the projects commencing.                                                                                                                                                           

 

ELE:


http://vle.exeter.ac.uk

 

Web based and electronic resources:

 

Reading list for this module:

There are currently no reading list entries found for this module.

CREDIT VALUE 45 ECTS VALUE 22.5
PRE-REQUISITE MODULES None
CO-REQUISITE MODULES None
NQF LEVEL (FHEQ) M (NQF level 7) AVAILABLE AS DISTANCE LEARNING No
ORIGIN DATE Tuesday 25 August 2015 LAST REVISION DATE Tuesday 25 August 2015
KEY WORDS SEARCH Financial maths project; dissertation.