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Financial Theory: This module is designed to provide students with a thorough knowledge of financial theory through the study of the interaction between firms, individuals and the macro-economy. It provides an opportunity for students to develop an understanding of capital markets through the study of portfolio theory, equilibrium asset pricing models and efficient market theory. Financial Reporting in Capital Markets: The main aims of this module include developing a framework for understanding and mapping between underlying economic events in the capital market and the information provided by financial statements. The module also foucuses on developing knowledge and the concept of how the mapping between financial statements and economic events affects the position and activities of firms in capital markets. Students taking this module will develop critical thinking of on-going controversies and debates related to financial reporting. Quantitative Methods for Finance and Economics: The module is fundamental to the empirical content of most of the other modules that comprise the Master's in Finance and Accounting. It also provides the necessary tools for the dissertation to be undertaken by master's students in the summer term. The aim of the module is to enable students: to conduct their own empirical investigations of a range of financial and accounting relationships; to impart the knowledge necessary to understand empirical analysis in academic related journals; and to provide a basic foundation in the theory and practice of econometric modelling as applied in finance and economics. International Accounting Standards and Policy: The main aims of this module are to illustrate the key aspects of international financial reporting standards which are important to investors. The module introduces students to financial statement analysis and research on accounting information in financial markets. Company Valuation: The main aims of this module are to discuss the fundamental approach of company valuation and to apply the fundamental analysis to different contexts, such as security valuation and credit risk. The module also examines the limitations of corporate financial statements in the context of company valuation. Investment Valuation Models: Students will have the opportunity to analyse how financial market information (corporate-, country-specific and global information) can be used to estimate the value of different investments. The module covers a range of different models that are available to an analyst performing investment valuation, while presenting the common elements in these models. The module also provides a framework that can be used to select the right model for any valuation scenario. Dissertation: A 60-credit dissertation is mandatory for all students who graduate with an MSc degree. Students are invited to select a research question which they investigate under academic supervision. Data support is provided by the department, including Bloomberg and Bankscope.