Last modified: 23 Jul 2024 11:08
This course provides a comprehensive journey into the intricacies of financial decision-making. By blending theory with practical applications, you will develop the skills and insights needed to navigate the ever-evolving landscape of the energy industry. This course blends theory and hands-on Excel modelling to analyse investment choices in the energy sector. Empower your employability by developing practical skills and in depth understanding on financial choices under risk and uncertainty.
| Study Type | Postgraduate | Level | 5 |
|---|---|---|---|
| Term | First Term | Credit Points | 15 credits (7.5 ECTS credits) |
| Campus | Aberdeen | Sustained Study | No |
| Co-ordinators |
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This course is designed to equip students with both theoretical foundations and practical skills essential for navigating the complex financial decisions prevalent in the ever-evolving energy landscape.
Throughout the course, students will develop an in depth understanding of financial choices within the energy industry. A key focus of the course lies in applying finance and economic theories to dissect the risks and uncertainties embedded in investment choices made by energy companies. Students will delve into structured Excel modelling, honing their skills to analyse investment opportunities in the energy sector. This includes the development of both deterministic and probabilistic analyses, offering a comprehensive toolkit for informed decision-making.
The course doesn't stop at financial and economic concepts alone; it integrates real-world examples and scenarios. Students will analyse investments under uncertainty, considering options such as the deferral of investments, research programs for information gathering, and the option to abandon or suspend projects. Real option analysis is a key component, providing a practical framework for decision-making in the face of uncertainties.
Course Content:
Explore real option analysis as applied to various investment decisions in the energy sector, including the option to defer, research programs, and options to abandon or suspend projects.
Information on contact teaching time is available from the course guide.
| Assessment Type | Summative | Weighting | 30 | |
|---|---|---|---|---|
| Assessment Weeks | 18 | Feedback Weeks | 21,22,23,24,25 | |
| Feedback |
Students will be required to write a report based on the analysis and results of the Computer Programming Exercise Word Count: 2,000 Feedback will be provided with a use of rubric |
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| Knowledge Level | Thinking Skill | Outcome |
|---|---|---|
| Procedural | Evaluate | Students will learn to analyse and evaluate the financial choices made by energy companies, demonstrating a deep understanding of the intersection between corporate behaviour and financial markets. |
| Procedural | Evaluate | Students will learn to analyse and critically evaluate the uses and limitations of the financial statements in relation to decision making. |
| Assessment Type | Summative | Weighting | 20 | |
|---|---|---|---|---|
| Assessment Weeks | 12,13 | Feedback Weeks | 12,13 | |
| Feedback |
Feedback will be provided automatically |
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| Knowledge Level | Thinking Skill | Outcome |
|---|---|---|
| Procedural | Evaluate | Students will learn to analyse and evaluate the financial choices made by energy companies, demonstrating a deep understanding of the intersection between corporate behaviour and financial markets. |
| Assessment Type | Summative | Weighting | 20 | |
|---|---|---|---|---|
| Assessment Weeks | 17,18 | Feedback Weeks | 17,18 | |
| Feedback |
Feedback will be provided automatically |
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| Knowledge Level | Thinking Skill | Outcome |
|---|---|---|
| Conceptual | Analyse | Students will learn to apply finance and economic theory to analyse the risks and uncertainties involved in investment choices made by energy companies. |
| Assessment Type | Summative | Weighting | 30 | |
|---|---|---|---|---|
| Assessment Weeks | 18 | Feedback Weeks | 21,22,23,24,25 | |
| Feedback |
Students will analyse an investment opportunity scenario developing a probabilistic and deterministic model. Feedback will be provided through a rubric |
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| Knowledge Level | Thinking Skill | Outcome |
|---|---|---|
| Conceptual | Analyse | Students will learn to apply finance and economic theory to analyse the risks and uncertainties involved in investment choices made by energy companies. |
| Reflection | Create | Students will learn to develop modes to conduct determinist and probabilistic analysis of energy projects |
There are no assessments for this course.
| Assessment Type | Summative | Weighting | 50 | |
|---|---|---|---|---|
| Assessment Weeks | 42,43,44,45 | Feedback Weeks | 48 | |
| Feedback |
Students will analyse an investment opportunity scenario developing a probabilistic and deterministic model using the appropriate corporate finance theory. Feedback will be provided through a rubric |
|||
| Knowledge Level | Thinking Skill | Outcome |
|---|---|---|
|
|
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| Assessment Type | Summative | Weighting | 50 | |
|---|---|---|---|---|
| Assessment Weeks | 42,43,44,45 | Feedback Weeks | 48 | |
| Feedback |
Word Count: 2,500 Students will be required to write a report based on the analysis and results of the Computer Programming Exercise Illustrating their understanding of the underlying theory and its role in obtaining the results of the investment analysis as well as their ability to effectively analyse and communicate the results of the investment opportunity evaluated through the Computer Programming Exercise. Feedback will be provided through a rubric |
|||
| Knowledge Level | Thinking Skill | Outcome |
|---|---|---|
|
|
||
| Knowledge Level | Thinking Skill | Outcome |
|---|---|---|
| Procedural | Evaluate | Students will learn to analyse and evaluate the financial choices made by energy companies, demonstrating a deep understanding of the intersection between corporate behaviour and financial markets. |
| Conceptual | Analyse | Students will learn to apply finance and economic theory to analyse the risks and uncertainties involved in investment choices made by energy companies. |
| Procedural | Evaluate | Students will learn to analyse and critically evaluate the uses and limitations of the financial statements in relation to decision making. |
| Reflection | Create | Students will learn to develop modes to conduct determinist and probabilistic analysis of energy projects |
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