Module overview
This module covers topics such as investment appraisal, evaluation of corporate investment, M&A, corporate governance issues in both theoretical and empirical aspects, and thus provides the knowledge which may be required for managers. The materials may be extended by including new findings in the research literature and students can get more up-to-date knowledge in the corporate finance area.
Aims and Objectives
Learning Outcomes
Knowledge and Understanding
Having successfully completed this module, you will be able to demonstrate knowledge and understanding of:
- Key concepts in time value of money, investment appraisal, real options, corporate governance, dividend policy and mergers & acquisitions.
Transferable and Generic Skills
Having successfully completed this module you will be able to:
- Manage and prioritise workload when analysing complex contemporary issues.
Subject Specific Intellectual and Research Skills
Having successfully completed this module you will be able to:
- Demonstrate qualitative and quantitative skills in evaluating corporate investments.
Syllabus
1.Time Value of Money
2.Investment Appraisal
3.The Real Options Approach
4.Corporate Governance
5.Dividend Policy
6.Mergers & Acquisitions
Learning and Teaching
Teaching and learning methods
This module will involve 24 contact hours, taught in blocks (lectures) of 2 hours each. Each lecture will start by stating the learning outcomes (LOs). The LOs will be ranked from the essential to advanced understanding of the lecture materials.
| Type | Hours |
|---|---|
| Teaching | 24 |
| Independent Study | 126 |
| Total study time | 150 |
Resources & Reading list
Textbooks
Lumby, S., and Jones, C. (2019). Corporate Finance: Theory and Practice. Cengage Learning EMEA.
Brealey, R.A., Myers, S.C., Allen, F (2019). Principles of Corporate Finance. McGraw-Hill.
Watson, D., and Head, A (2016). Corporate Finance: Principles and Practice. Pearson Education.
Brigham, E., Ehrhardt, M., and Fox (2019). Financial Management: Theory and Practice. Cengage Learning EMEA.
Assessment
Formative
This is how we’ll give you feedback as you are learning. It is not a formal test or exam.
Closed book Examination FeedbackSummative
This is how we’ll formally assess what you have learned in this module.
| Method | Percentage contribution |
|---|---|
| Closed book Examination | 100% |
Referral
This is how we’ll assess you if you don’t meet the criteria to pass this module.
| Method | Percentage contribution |
|---|---|
| Closed book Examination | 100% |
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.
| Method | Percentage contribution |
|---|---|
| Closed book Examination | 100% |
Repeat Information
Repeat type: Internal & External