AFX4030: Advanced Modelling in Finance

3 assignments worth 10%, 10%, 15%. Academic paper presentation: 10%. Participation: 5%. Matlab/VBA/SAS Programming Exam: 30%. Research Paper Exam: 20%.

Perhaps the best Finance honours subject there is. I suggest this unit to those that have done AFC3540, which is the undergrad modelling in finance unit taken by Paul. AFX4030 combines both elements of academic research and modelling into one and does so in a way that makes it all seem so natural. Essentially the first 6 or so weeks you will be doing VBA/MATLAB programming then the last 6 weeks you will be doing SAS programming. Combined with this, each week there will be at least 3 academic papers to be read. The unit is then structured such that you replicate the methodology and analytical data manipulation in research papers using your own knowledge from each of the programming languages learnt in the unit. There will also be an academic paper review, essentially everyone is assigned a paper and you have to present the paper (similar to an academic research proposal) as if you were the actual author. This is a truly rewarding unit for those that want to delve deeper into academic finance research as you gain not only theoretical skills but also apply it in an academic context.

Assoc. Prof. Cameron Truong

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5/5

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3 hours lab each week.

2013 Semester 1.

Pending