PERSONAL INVESTMENT

SHE Level 2
SCQF Credit Points 20.00
ECTS Credit Points 10.00
Module Code M2N322740
Module Leader Muhammad Nawaz
School Glasgow School for Business and Society
Subject Risk
Trimester
  • B (January start)

Pre-Requisite Knowledge

Level 1 passes in BAFR or BARM or equivalent

Summary of Content

This module deals with the whole range of personal investment choices that individuals will have to make during their lifetimes. Pitched at level 2, it aims to develop a broad understanding of generic financial products like deposits, share and collective investments building up to employee benefits and finally pension planning. PRME will be addre ssed in this module by examining ethical aspects of investment decisions.

Syllabus

-3 I-2 n-3 v-2 e-3 s-2 tor-3 s-11 and-11 -2 i-1 n-2 v-1 e-2 s-1 tment-2 :-10 -2 g-1 ener-2 al-11 issues-10 --11 -1 e-2 conomic-9 and-11 -2 mar-3 k-2 et-10 -2 i-1 nfluences-2 ,-10 -2 clie-1 nt-10 -1 needs-2 ,-10 types-10 -2 of-11 -2 risks,-9 -3 i-2 n-3 v-2 e-3 s-2 tment-11 and risk,-16 main-17 -3 i-2 n-3 v-2 e-3 s-2 tment-16 choices,-15 -2 pro-3 vide-2 r-3 s-16 -2 of-16 -1 financial-15 -1 products-2 . Per-3 sonal-16 risk-17 -1 mana-2 g-1 ement-2 : the-9 -2 ran-3 g-2 e-8 and-8 -1 use-8 -2 of-8 -1 protection-8 -2 products --8 -3 lif-2 e-8 -2 insu-1 rance-2 ,-7 -1 health-7 -2 insu-1 rance-2 ,-7 -1 criti-2 cal-8 illness-9 -3 c-2 o-3 v-2 er-3 ,-7 -1 redundancy-2 ,-7 -2 per-3 sonal -2 accide-1 nt-19 and-18 -2 sickness. -6 T-4 a-5 x-4 ation-5 :-16 the-17 -2 ran-3 g-2 e-17 -2 of-17 UK-16 -1 personal-17 -2 ta-3 x-2 es-12 --17 -2 self -1 assessment-2 ,-8 -2 inc-1 ome-8 -2 ta-3 x-8 and-9 -2 capi-1 t-2 al-8 -2 gains-8 -2 ta-3 x-9 with-8 -1 particular-7 -2 re-3 f-2 erence-8 -1 to-9 -2 s-1 a-2 ving-8 and-8 -2 i-1 n-2 v-1 e-2 s-1 tment-2 ,-8 -2 inheri-1 tance-8 -1 ta-2 x,-7 -2 s-1 tamp -1 duty-9 -1 reser-2 v-1 e-9 -1 ta-2 x. S-1 a-2 vings-13 and-13 -2 I-1 n-2 v-1 e-2 s-1 tment-2 :-13 -2 c-1 ash-14 -1 deposits-2 ,-12 -1 national-13 -2 s-1 a-2 vings-14 and -2 i-1 n-2 v-1 e-2 s-1 tments-2 ,-15 gilts-16 and-16 -3 c-2 orporate-15 -1 bonds-2 ,-16 equites,-15 -3 I-2 n-3 v-2 e-3 s-2 tment-15 -1 tru-2 s-1 ts-2 ,-15 -1 unit-15 -1 tru-2 s-1 ts-2 ,-15 -2 OEICs.-16 -3 Lif-2 e-16 -3 c-2 ompan-3 y-15 -3 i-2 n-3 v-2 e-3 s-2 tment products-2 ,-17 -2 ISAs,-19 annuities,-18 -1 deri-2 v-1 ati-2 v-1 es-18 and-18 -1 other-18 -2 i-1 n-2 v-1 e-2 s-1 tments-2 .-18 -2 E-1 thi-2 cal-19 -3 i-2 n-3 v-2 e-3 s-2 tment-3 .-18 Indices.-19 -3 Compa-2 n-3 y-18 and-18 -2 share -2 mar-3 k-2 et-9 -2 per-3 f-2 ormance-7 and-8 -1 measurement-2 .-8 Risk-9 and-8 -1 return-2 . -2 P-1 roperty-7 :-10 -1 characteri-2 s-1 tics-2 ,-9 -2 di-1 rect-10 -1 on-10 -2 indi-1 rect-10 -2 i-1 n-2 v-1 e-2 s-1 tment-2 ,-9 -1 mort-2 g-1 a-2 g-1 es-9 --10 -1 arr-2 anging-10 a-10 -1 mort-2 g-1 a-2 g-1 e-2 ,-9 types-10 -2 of-10 -1 mort-2 g-1 a-2 g-1 es-2 ,-9 -2 ran-3 g-2 e-10 -2 of -1 mort-2 g-1 a-2 g-1 es-2 .-27 Ancillary-27 -2 products-26 and-26 -1 uses-2 . Financial-33 -2 planning-32 :-33 -1 anal-2 ysis-33 -2 of -3 c-2 onsumer-3 s-2 ci-1 r-2 cums-1 tances-2 , -2 ta-3 x-1 -2 planning -2 s-1 trategies-2 , -2 c-1 on-2 s-1 tructing-2 a-1 portf-2 olio of -1 assets -2 Empl-1 o-2 y-1 ee-12 -2 Ben-1 efits-8 --11 -2 Fl-1 e-2 xible-10 -1 arran-2 g-1 ements-11 and-11 -2 share-12 -1 schemes-5 --11 -1 ad-2 v-1 anta-2 g-1 es-2 ,-10 types-11 and-11 -2 e-3 x-2 tent-9 ,-10 -2 c-1 o-2 s-1 ts-11

Learning Outcomes

On successful completion of this module, the student should be able to:" Analyse the role, operation and function of markets and financial institutions" Compare and contrast the suitability of various types of financial products available in the UK market" Describe the range of UK taxes impacting investment." Discuss factors influencing investment behaviour of private individuals." Apply investment and product knowledge and understanding to designing simple investment portfolios for individuals.

Teaching / Learning Strategy

-108 Keynote lectures for essential knowledge to build on the practical, problem oriented seminars and workshops. Seminars are designed to provide a medium for teamwork and presentation skills. GSBS will continue to use the advancement of GCU Learn as a blended learning tool through its teaching and learning as well as through engagement with students. GSBS will ensure that all modules are GCU Learn enabled and with the support of the Learning Technologists at the cutting edge of development of online materials. Academic staff and the Learning Technologists will continue to work together to develop and operate all modules on GCULearn to ensure student support and information sharing. Students are provided with formative and summative feedback via a variety of mechanisms. Feedback on coursework is provided within 3 working weeks of submission.

Indicative Reading

Personal Finance Jane King and Mary Carey (2014 or latest) Oxford University Press (essential text book) Journals /-6 -2 P-1 eriodi-2 c-1 als -2 Mon-1 e-2 y-13 -1 Mana-2 g-1 ement -3 I-2 n-3 v-2 estors-3 Ch-2 ronicle (investorschronicle.co.uk) -8 Y-5 our-10 -1 Mort-2 g-1 a-2 g-1 e (yourmortgage.co.uk) -3 W-2 ee-3 k-2 end issues -1 of Financial Times-1 , -3 T-2 elegraph, -2 O-1 bser-2 v-1 er , -1 Guardian -1 et-2 c -3 c-2 ontain -1 personal -1 finance -1 sections. -3 W-2 eb-3 si-2 tes : -1 www.abi.org.uk <http://www.abi.org.uk/> www.nsandi.com <http://www.nsandi.com/> www.iii.co.uk <http://www.iii.co.uk/>www.moneymarketng.co.uk <http://www.moneymarketng.co.uk/>www.londonstockexchange.co.uk <http://www.londonstockexchange.co.uk/>-1 www.thisismoney.co.uk <http://www.thisismoney.co.uk/> www.moneyfacts.co.uk <http://www.moneyfacts.co.uk/>-2 www.fca.org.uk <http://www.fca.org.uk/>

Transferrable Skills

-2 By-16 the-15 end-16 -2 of-15 this-15 module-16 -2 s-1 tudents-15 will-16 -2 ha-3 v-2 e-15 -2 g-1 ained-15 -2 c-1 ompetence-16 in-15 the-16 -2 foll-1 o-2 wing-15 -4 k-3 e-4 y-15 a r eas : -1 The -2 s-1 tudents-6 will have-5 -1 de-2 v-1 eloped-5 -2 effecti-3 v-2 e-6 -2 problem-4 -2 solving-4 and-5 -1 analyti-2 cal-5 -2 skills. -3 Th-2 r-3 ough-5 the-6 -2 applic-1 ation-5 -2 of-5 theory-6 -1 to-5 -1 practi-2 cal -1 e-2 x-1 amples-2 ,-1 and-1 the-2 presentation of-1 -2 i-1 n-2 f-1 ormation-2 ,-1 the-2 y-1 will-2 -1 de-2 v-1 elop-2 their-1 -2 or-3 al-2 and-2 writ-1 ten -3 communic-2 ation skills. -2 Nume-1 r-2 acy-4 -2 skills-4 :-4 -2 ta-3 x-2 ation-4 -2 calcul-1 ations --4 -2 reflected-4 in-4 the-4 -3 c-2 ontent-4 -2 of-4 -1 seminar-2 s-4 and-4 -1 final-4 -1 e-2 x-1 am-2 . -2 Learning-8 -2 skills-7 :-8 -2 reflected-9 in-8 the-9 -1 use-8 -2 of-9 -2 lib-1 rar-2 y-9 and-8 -2 i-1 nternet-9 activities-8 -1 to-9 -1 support-8 -2 s-1 tudent-9 -1 centred-9 learning.-8 Ability-9 -1 to -3 loc-2 ate-3 ,-16 -1 e-2 xt-1 ract-16 and-16 -1 anal-2 y-1 se-17 -2 data-16 -3 f-2 rom-16 -2 v-1 arious-16 -1 sources-2 ,-16 including-17 -2 ackn-1 o-2 wledg-1 ement-16 and-17 -2 re-3 ferencing-16 -2 of-16 sources. -2 C+ IT -2 skills : -2 reflected in -3 c-2 ommuni-3 c-2 ating -3 i-2 n-3 f-2 ormation -3 f-2 or -3 c-2 oursework and also in -1 students -1 own -1 student -1 centred learning. -1 Communi-2 c-1 ation -2 skills : -2 reflected in -1 seminar, -2 g-1 roup -1 discussion and -2 role-pla-3 y activity. Also in -1 report writing.

Module Structure

Activity Total Hours
Tutorials (FT) 10.00
Independent Learning (FT) 141.00
Lectures (FT) 27.00
Assessment (FT) 15.00
Seminars (FT) 7.00

Assessment Methods

Component Duration Weighting Threshold Description
Exam (Exams Office) 2.00 60.00 35% FORMAL UNSEEN EXAMINATION
Course Work 01 n/a 40.00 35% SIMULATED TASK AND WRITTEN REPORT