FINN2031: Financial Econometrics 1 Assignment 2025/26 | Durham University

Aims

To develop knowledge and understanding of key issues and concepts in Financial Econometrics.
To equip students with the skills required to appreciate the applied literature in finance, to undertake an applied financial econometrics project and to prepare students for Financial Econometrics at higher levels.
To offer the opportunity to develop key skills.

Learning Outcomes

Subject-specific Knowledge:

• Have knowledge and understanding of the key theoretical and practical issues in Financial Econometrics.
• Have knowledge of the underpinning mathematical construction of an econometric model.
• Have knowledge of the assumptions and how these assumptions drive the estimation and diagnostic testing of an econometric model.
• Have knowledge of how to obtain and manipulate data in preparation for an econometric analysis.

Subject-specific Skills:

• Be able to apply econometric methods to the estimation of financial relationships and to interpret the results.
• Be able to undertake applied financial econometrics projects (estimating relationships using an econometric software package).
• Prepare students for the study of Financial Econometrics at higher levels.
• Critically evaluate contemporary literature that uses econometric techniques either covered in the module or proximate to those covered in the module.
• Evaluate the appropriateness of a particular econometric technique for a specific financial application.

Key Skills:

• Written Communication - by completing the summative assignment.
• Planning, Organisation and Time Management.
• Problem Solving and Analysis - by applying the necessary analytical and quantitative skills to identify and empirically test theoretical relationships.
• Initiative - by collecting information for the summative assignment, searching relevant literature and information in preparation for the summative assignment.
• Numeracy - by applying an array of core mathematical-statistical skills;
• Computer Literacy and Information Retrieval - by word-processing the summative assignment and estimating relationships using an econometric software package.

FINN2031 Summative Assessment

FINN2031 Formative Assessment

One written assignment of 1500 words and an online test.