FM301 Half Unit
Market Anomalies and Asset Management
This information is for the 2025/26 session.
Course Convenor
Dr Cameron Peng
Availability
This course is compulsory on the BSc in Finance. This course is not available as an outside option to students on other programmes. This course is not available to General Course students.
This course does not permit auditing students.
Requisites
Pre-requisites:
Students must have completed FM215 and FM214 and FM200 before taking this course.
Course content
This course will examine the extent to which financial markets are informationally efficient. Topics include notions of market efficiency, return predictability in bond, stock, and derivatives markets, limits to arbitrage and other theories of return predictability. It will also cover both behavioural and frictional theories of return predictability and other asset-pricing phenomena.
Teaching
33 hours of seminars in the Autumn Term.
This course is taught in the interactive lecturing format. There is no distinction between lectures and classes/seminars; there are “sessions” only, and the pedagogical approach in each session is interactive.
Formative assessment
Weekly homework assignments
Indicative reading
Detailed course programmes and reading lists are distributed at the start of the course. Illustrative texts include: Shleifer, Inefficient Markets: An Introduction to Behavioral Finance (Oxford University Press).
Assessment
Continuous assessment (100%)
Key facts
Department: Finance
Course Study Period: Autumn Term
Unit value: Half unit
FHEQ Level: Level 6
CEFR Level: Null
Total students 2024/25: 71
Average class size 2024/25: 71
Capped 2024/25: NoCourse selection videos
Some departments have produced short videos to introduce their courses. Please refer to the course selection videos index page for further information.
Personal development skills
- Problem solving
- Application of information skills
- Application of numeracy skills
- Commercial awareness