Corporate Finance 1

Learning Outcomes

Subject Specific Intellectual and Research Skills

Having successfully completed this module you will be able to:

• analyse critically theoretical material and case study evidence on the basis of an informed knowledge;
• develop logical and concise arguments and engage in independent enquiry grounded in appropriate source material.

Knowledge and Understanding

Having successfully completed this module, you will be able to demonstrate knowledge and understanding of:

• capital structure and the associated cost of capital;
• the techniques of asset-backed securitisation.
• companies and their sources of finance;
• present and future values;
• convertible bonds and their uses;

Transferable and Generic Skills

Having successfully completed this module you will be able to:

• Develop clear logical thinking;
• Compose and communicate ideas effectively

• Topic 1: An introduction to Business Finance and Interest rate mathematics
• Topic 2: Cost of Capital and Capital structure
• Topic 3: Sources of long-term finance
• Topic 4: Convertible Bonds
• Topic 5: Asset Backed Securitisation

Teaching and learning methods

Teaching methods include:

• 24 contact hours over a six-week period.
• Lectures are used to introduce and develop knowledge of individual topics.
• Lectures may involve formal lecture using OHP, case studies, with the remaining time being devoted to class exercises.

Learning activities include:

Six 4-hour lectures with the remaining time being devoted to class exercises.

Resources & Reading list

Textbooks

Berk, J. and DeMarzo, P (2013). Corporate Finance. Pearson Education, Inc..

Brealey, R. Myers, S. and Allen, F (2013). Principles of Corporate Finance. McGraw-Hill.

Stone, C.A. and Zissu, A (2012). The Securitization Markets Handbook: Structures and Dynamics of Mortgage- and Asset- backed Securities. Wiley.

Watson, D. and Head, A. (2010). Corporate Finance Principles and Practices. FT Prentice Hall.

Brealey, R.A., Myers, S.C. and Allen, F (2011). Principles of Corporate Finance. McGraw-Hill.

Pike, R. and Neale, B (2006). Corporate Finance and Investment (decisions and strategies). FT Prentice Hall.

Moles, P., Parrino, R. and Kidwell, D (2011). Corporate Finance. Wiley.

Formative

This is how we’ll give you feedback as you are learning. It is not a formal test or exam.

Peer assessment

• Assessment Type: Formative
• Feedback: Peer and self-assessment method will be used to help students assess their understanding; exercises, which students will be recommended to attempt by themselves, will be available in lectures or on online blackboard and the answer is available one week after.
• Final Assessment: No
• Group Work: No

Summative

This is how we’ll formally assess what you have learned in this module.

Referral

This is how we’ll assess you if you don’t meet the criteria to pass this module.

Repeat

An internal repeat is where you take all of your modules again, including any you passed. An external repeat is where you only re-take the modules you failed.

Repeat Information

Repeat type: Internal & External