Quantitative Methods in Finance

2022/2023

Content, progress and pedagogy of the module

The topics presented in this module will allow the student to derive efficient portfolio allocations, evaluate pricing of assets, and code their own solutions, among other things. The aim of the module is to provide the student with the tools necessary to conduct quantitative applications within the broad areas of finance.

This module provides important quantitative tools for successfully following several mandatory and elective modules. Several tools within mathematics and statistics, which are important for solving theoretical and empirical problems in finance, are presented.

The module also relies on the application of mathematical models in statistical software for the analysis of financial data.

Learning objectives

Knowledge

The objective is that the student after the module possesses the necessary knowledge on:

  • quantitative tools for financial applications and a solid understanding of how the most relevant mathematical and statistical techniques are applicable within a financial context.
  • how to conduct empirical studies in the broad areas of finance using econometric techniques.
  • how to properly apply relevant mathematical and statistical techniques in the finance discipline.

Skills

The objective is that the student after the module possesses the necessary skills in:

  • applying mathematical, statistical, and econometric tools and methods to solve problems in the finance discipline.
  • empirically testing financial theories.
  • analyzing financial data using appropriate quantitative methods and utilizing their applications in statistical software.

Competences

The objective is that the student after the module possesses the necessary competences in:

  • formulating and applying the relevant mathematical, and statistical methods discussed in the course.
  • identifying appropriate mathematical or statistical techniques and tools to solve a particular financial problem.
  • conducting empirical studies using financial data and properly testing theories and hypothesis.

Type of instruction

For information see ┬ž 17.

Exam

Exams

Name of examQuantitative Methods in Finance
Type of exam
Oral exam based on a project
Group examination with max. 3 students.
ECTS10
Assessment7-point grading scale
Type of gradingExternal examination
Criteria of assessmentThe criteria of assessment are stated in the Examination Policies and Procedures

Facts about the module

Danish titleKvantitative metoder i finansiering
Module codeKAFIN20224
Module typeProject
Duration1 semester
SemesterAutumn
ECTS10
Language of instructionEnglish
Location of the lectureCampus Aalborg
Responsible for the module

Organisation

Study BoardStudy Board of Economics and Business Administration
DepartmentAAU Business School
FacultyFaculty of Social Sciences and Humanities