Study-Unit Description

Study-Unit Description


CODE BFI3301

 
TITLE Dissertation

 
UM LEVEL 03 - Years 2, 3, 4 in Modular Undergraduate Course

 
MQF LEVEL 6

 
ECTS CREDITS 20

 
DEPARTMENT Banking, Finance and Investments

 
DESCRIPTION This is a research-based study-unit where students will apply finance theory with available data in order to research a specific research question and produce a dissertation.
Students will therefore need to undertake original research in a topic based which is relevant to the area of banking, investments and finance by using basic econometric techniques or other methods of research used in finance.
This is an opportunity for students to utilize analytical and empirical skills acquired during the undergraduate programme and demonstrate their capacity to analyse appropriate theory and empirical evidence in a structured way.

Study-Unit Aims:

The research based dissertation aims at carrying financial research which will allow students to develop scientific research skills by learning how to collect, analyse and evaluate scientific findings objectively in light of the current scientific and academic literature in the area of banking, investments and finance

Learning Outcomes:

1. Knowledge & Understanding:

By the end of the study-unit the student will be able to:

- Critically appraise scientific literature in the area of banking, finance and investments;
- Utilise appropriate research methodology given a specific research question;
- Gain an in-depth understanding and practical skills in a specialised area relevant to banking, investments and finance;
- Describe the main research methods used in finance and know how to select the research method that is relevant to their choice of topic and apply such method rigorously and successfully.

2. Skills:

By the end of the study-unit the student will be able to:

- Design a research project appropriately;
- Conduct a research project in an appropriate manner taking into consideration all ethical issues required, time-planning and budgeting;
- Increase analytical and critical reflective capacity in the chosen specialised area related to banking, investments and finance;
- Produce and present a piece of scientific writing in the form of a dissertation;
- Collect, download, and analyse data quantitatively;
- Present data and results of econometric regression in a reader-friendly way;
- Translate econometric results into recommendations for practitioners.

Main Text/s and any supplementary readings:

- Research method and methodology in finance and accounting by Bob Ryan Robert W Scapen; Michael Theobold 2002 (available at UOM library)
- Contemporaneous event studies in corporate finance : methods, critiques and robust alternative approaches by Jau-Lian Jeng 2020 (available at UOM library)
- Financial Microeconometrics A Research Methodology in Corporate Finance and Accounting by Marek. Gruszczyński 2020 (available at UOM library)
- Bad to good : achieving high quality and impact in your research by Arch G. Woodside 2016 (available at UOM library)
- Empirical Research in Banking and Corporate Finance by Stephen P. Ferris, Kose John and Anil K Makhija 2022 (available at UOM library)

- Other articles and potential UOM library resources on specific methods used in finance.

 
STUDY-UNIT TYPE Dissertation

 
METHOD OF ASSESSMENT
Assessment Component/s Assessment Due Sept. Asst Session Weighting
Dissertation SEM2 Yes 100%

 
LECTURER/S

 

 
The University makes every effort to ensure that the published Courses Plans, Programmes of Study and Study-Unit information are complete and up-to-date at the time of publication. The University reserves the right to make changes in case errors are detected after publication.
The availability of optional units may be subject to timetabling constraints.
Units not attracting a sufficient number of registrations may be withdrawn without notice.
It should be noted that all the information in the description above applies to study-units available during the academic year 2025/6. It may be subject to change in subsequent years.

https://www.um.edu.mt/course/studyunit