Investments Management: Coursework Assessment

Assessment Instructions

You are an investment manager, your client would like to invest her/his money in a company that has listed shares in the London Stock Exchange. You need to write a report on the company that the client is interested in investing in. You may assume that the client has an understanding of the risk involved in investment in shares.

You will be allocated a listed company by the Module Leader and you are expected to produce an investment report and recommendation on the shares of this company. This should include the following sections.

  • Company profile: a single paragraph giving an overview of the company summarising its performance over the last twelve months, its products and the markets in which it operates. The remainder of the first page would summarise data on price performance and valuations. It would end with your recommendation on whether to buy, sell or hold the shares in the company.
  • Performance and news analysis: Compare the company’s returns with that of the market as well as calculating the company’s risk-adjusted returns. Identify news (which include earnings announcements, the release of relevant economic data, analysts’ recommendations) that are relevant to the firm’s price performance as well as supporting your analysis in the report.
  • Valuation: Perform a dividend discount model (DDM )valuation under the capital asset pricing model (CAPM) framework using the multistage growth model. Use Price multiples such as PE (Price to earnings) PB (Price to Book) and PS (Price to Sales) and DY (Dividend Yield) metrics to complement the DDM valuation. The valuation results are to be presented using the security market line (SML). Finally, a discussion on the DDM versus price multiples to inform the client is required.

Conclusion: This will demonstrate your understanding of the subject and ability to include the results in a coherent summary

Assessment aims:

  • To think critically and examine the investment in question from a number of perspectives, and concepts, and present good arguments.
  • To write a professional report and communicate with clarity and coherence.
  • To apply theoretical concepts studied throughout the module.
  • To evaluate the reaction of the company’s share price to financial news and to the index.
  • To apply DDM and price multiples valuation methods.
  • To develop skills using available financial software, including but not limited to Fame and Bloomberg, to synthesise and evaluate investment information. (The use of the Bloomberg system is not compulsory and all the information is available from a range of financial databases)
  • To be able to evaluate companies’ performance and to propose recommendations

Marking Criteria

A (70-100%) First Class Pass; Excellent work at L3 level that exceeds the requirement of the module learning outcomes in all important dimensions
B (60-69%) Upper Second-Class Pass; Very good work at L3 level – satisfied all-important requirements of assessment task and module learning outcomes
C (50-59%) Upper Second-Class Pass: Good work at L3 level – student demonstrates achievement against all learning outcomes but with some limitations
D (40-49%) Third Class Pass; Does meet marginally the required overall standard – may have some good qualities but some learning outcomes are not met
E (0-40%) Fail; Contains significant flaws, few of the learning outcomes for the module have been demonstrated


The following marking scheme is used:

Tear Sheet 10%
Risk-Adjusted Returns 10%
News analysis both firm-specific and systematic 10%
Multi-stage DDM valuation 20%
Valuation by Multiples 10%
SML analysis 10%
DDM and market-based methods discussion 10%
Conclusion 20%
Total 100%

Formative feedback and support during the module

Formative feedback provides opportunities to reflect on your ongoing work and preparation for your assignment. This will be provided at the drop-in and tutorial sessions over the remainder of the semester. Furthermore, there are two pre-recorded lecture parts (week 32 and 34) with a detailed explanation of the assignment structure, how to gather the data and the expectations. Moreover, you can contact the module team via email, however, no questions will be allowed after April 14th 2021 when your focus should be on writing up the final report.


Please use the MS Word format (no PDF or other format).  We cannot ensure that other formats are compatible with markers’ software.

All work should be word processed in 12-point font Arial, Times New Roman or Calibri

The first page of your coursework must include:

  • Your student number
  • The module name and number
  • Your word count
  • The coursework title

Furthermore, the report must consist of a summary tear sheet (not more than 1 page), a main report (not more than 5 pages) to support your analysis based on the analytical elements described above in the task section.

Word Limit

The maximum word limit for this coursework is 2,000.

  • There is no +/- 10% on word count and anything after the maximum word count will not be marked, in line with UWE Bristol’s Word Count Policy.
  • In line with UWE policy, this word count includes everything in the main body of the text (including headings, tables, citations, quotes, lists, etc.).
  • The references, bibliography and footnotes (provided footnotes only include references) are NOT included in this word count.

Referencing and Assessment Offences

Please ensure you reference all sources used when developing your assessment, using the UWE Harvard system. Failure to properly reference your work to original source material can be grounds for the assessment offence of plagiarism and may result in failure of the assessment or more serious implications. Further guidance on correct referencing is available on UWE’s Study Skills referencing pages.

UWE’s Assessment Offences Policy outlines potential offences and it is your responsibility to understand this policy and avoid potential offences. Details of what constitutes plagiarism and how to avoid it can be found on UWE’s Study Skills pages about avoiding plagiarism.

Text-matching software (e.g. SafeAssign) is used to check every submission against other submissions made at the same time, previous submissions to UWE and other universities, and internet sources. We may also manually search for matches. When submitting your work, you will be required to confirm that the work is your own.

It is an assessment offence to:

  • copy work from any source, including your own previous assessments, and present it as your own work for this assessment, or to provide your own work to others
  • to work with others on the assessment in any way, or for anyone to make amends on your work (including proof-readers, who may highlight issues but not edit the work)
  • change individual words but keep, essentially, the same sentences and/or structures from other sources: this will be detected by text-matching software. Please write in your own words and style to convey your own learning.

Instructions for submission

You must submit your assignment before the stated deadline by electronic submission through Blackboard. Notification that the electronic submission portal is open for your assignment is displayed (usually two weeks before the submission date) in the Coursework tab in myUWE, the Coursework tab in Blackboard and via an announcement in the Blackboard course.

Please allow sufficient time to upload your assignment, as the system becomes busier and slower as the deadline approaches. Only your final upload will be counted. Ensure all your information is submitted at one attempt to avoid overwriting your intended submission. Always check and retain your receipts.

Late submission in the 24 hours following the deadline will be accepted but the assignment mark will be capped at a pass. Submissions after 24 hours will not be accepted. For full guidance on online submission through Blackboard, see UWE’s Academic Advice pages on Assignments.

Submissions of coursework by any other method (including a paper copy, on disk or by email) are NOT permissible for this module unless specifically agreed in advance of the submission date.

Before submitting your work, please ensure that:

  • You have proof-read you work thoroughly to ensure your work is presented appropriately
  • You have addressed all the required elements of the assessment
  • You have referenced in accordance with the guidance provided
  • You have addressed each of the marking criterion
  • The submission is in the correct format

Final feedback and marks release

Students will normally receive marks and feedback on their submission within 20 working days of the submission deadline (not including public holidays or university closure days). Any delay in returning students’ work will be communicated by the module leader via Blackboard.

Feedback on this module is not limited to the written comments, you will receive on individual written assessment submissions.

Feedback and marks for the coursework will be available by Thursday 21.05.2021. For further guidance on feedback, please refer to the module handbook.

Further guidance and support

There are a number of sources of support to improve your study skills, including:

Specific study skills pages relating to this module include:


For further guidance on UWE assessment regulations and terminology see UWE’s Academic Advice pages.

Personal Circumstances

If you are experiencing difficulties in completing a piece of assessment on time due to unexpected circumstances (for example illness, accident, bereavement), seek advice from a Student Support Adviser at the earliest opportunity. Appointments can be made via an Information Point or online via the Student Support Pages.

Student Support Advisers can advise as to whether you should submit an application for ‘Personal Circumstances (PCs)’, how to do so and what evidence is required to support the application. Further details on PCs can be found on the Student Support Pages.

The module leader cannot grant personal circumstances or extensions.