Information on individual educational components (ECTS-Course descriptions) per semester

Degree programme: Bachelor International Business Part-time
Type of degree: FH Bachelor´s Degree Programme
Part-time
Summer Semester 2021

Course unit title Financial Analysis and Stock Markets: Insights into the Work of Investment Analysts
Course unit code 025007045008
Language of instruction English
Type of course unit (compulsory, optional) Elective
Semester when the course unit is delivered Summer Semester 2021
Teaching hours per week 2
Year of study 2021
Number of ECTS credits allocated First Cycle (Bachelor)
Number of ECTS credits allocated 3
Name of lecturer(s) Ioannis SALAMOURIS


Prerequisites and co-requisites

Basic accounting and finance knowledge


Course content
  • Financial statements: Balance sheets, income statements and cash flow statements
  • Financial statement analysis using financial ratio
  • Earnings manipulation and accounting policy choice: cases and scandals
  • Company valuation: how stock markets react to reported financial numbers?
  • Auditing: Investigating financial statement fraud
  • Portfolio theory and financial analyst reports: selecting stocks

Learning outcomes

On successful completion of this course, students will be able to: ? understand the basic recording procedures of financial accounting; ? prepare a simple set of accounts, i.e. profit and loss account, balance sheet and cash flow statement; ? analyze financial statements and communicate the results of the analysis according to international professional standards; ? search for and find the regulatory and economic information necessary for completing financial and reporting analysis; ? analyse the reporting and economic consequences of various possible accounting treatments; ? identify earnings manipulation; ? understand the basics of company valuation; ? investigate financial statement fraud; ? describe the concept of Modern Portfolio Theory; and ? analyze different investor strategies and interpret performance results based on different investment criteria.


Planned learning activities and teaching methods

Lecture, discussions and educational talks, project coaching, presentations by students in small groups, group and individual work with reflection


Assessment methods and criteria
  • Individual post-assignment (50%)
  • Group assignment (40%)
  • Participation (10%)

Comment

None


Recommended or required reading
  • Subramanyam, K. and J. Wild (2014), 'Financial Statement Analysis' 11e, ISBN-13 978-0078110962, McGraw-Hill Higher Education.
  • Horngren, C., G. Sundem, J. Elliot and D. Philbrick (2013), 'Introduction to Financial Accounting' 11e, Prentice Hall.
  • Robert L., P. Libby and D. Short (2014), 'Financial Accounting' 8e, ISBN 9780077516970, McGraw-Hill Higher Education.
  • Ross, S.J., R.W. Westerfield and B.D. Jordan (2015), 'Fundamentals of Corporate Finance' 11e,  McGraw-Hill Irwin.
  • Cheol E.S. and B.G. Resnick (2017), 'International Financial Management' 8e, McGraw Hill/Irwin.
  • International Financial Reporting Standards, www.ifrs.org
  • Social Science Research Network, www.ssrn.com

Mode of delivery (face-to-face, distance learning)

Face-to-face instruction with mandatory attendance