2024/2025

Content, progress and pedagogy of the module

This module provides the quantitative tools necessary for successfully following several mandatory and elective courses. It is discussed several mathematical, statistical, and some IT tools, which are important for solving problems in finance.

The topics presented in this module will allow the student, for example, to calculate risk exposure for risk management, derive efficient portfolio allocations, evaluate pricing of assets, and code their own solutions. The aim of the module is initially to provide the student with tools necessary to conduct quantitative applications within the broad areas of finance.

Learning objectives

Knowledge

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

• quantitative tools for financial applications and solid understanding of how the most relevant mathematical, statistical, and IT techniques are applicable within a financial context independently and in teams.
• how projects are being planned and executed from idea to implementation of solutions.
• and is able to identify central scientific issues within quantitative methods and techniques.

Skills

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

• handling how knowledge in the theoretical frame of reference of the subject area makes it possible to apply quantitative methods in the broad areas of finance.
• analysing results regarding their validity, relevance, and limitation with the purpose of deducing a basis for a decision and conclusion regarding the particular financial problem based on the quantitative tools presented in the course.
• applying and integrating the skills and knowledge in companies, financial institutions or the finance profession in general.

Competences

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

• identifying techniques and tools for a particular financial problem. To choose and put in place relevant solutions such that the ability to analyse, derive, weigh and judge the different alternative actions is clearly demonstrated.
• reflecting upon the theoretical frame of reference to independently perform and justify the choice of techniques and methods to solve financial problems.
• formulating and applying the relevant mathematical, statistical and IT tool discussed in the course.

Type of instruction

For information see §17.

Exam

Exams

 Name of exam Quantitative Methods in Finance Type of exam Oral exam based on a project Group examination with max. 6 students. ECTS 10 Assessment 7-point grading scale Type of grading Internal examination Criteria of assessment The criteria of assessment are stated in the Examination Policies and Procedures