Corporate Finance

Learning Outcomes

Transferable and Generic Skills

Having successfully completed this module you will be able to:

• Communicate complex ideas and arguments fluently and effectively in a range of different formats to a variety of different audiences
• Carry out comprehensive financial analyses.

Knowledge and Understanding

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

• The capital structure of a firm and how firms decide between bonds and stocks.
• The theoretical setup of the risk and return relationship of a financial investment relationship and how this may be used to price financial assets, such as stocks and bonds;
• The evaluation of investment projects using certain rules regarding the time value of money;

Subject Specific Intellectual and Research Skills

Having successfully completed this module you will be able to:

• Apply the basic concepts of risk and return in capital markets and traditional portfolio theory paradigms (CAPM and APT);
• Analyse the Modigliani and Miller theories regarding payout policy and capital structure.
• Analyse the effect of time on the value of financial assets and money;

• Overview of Corporate Finance

Valuation of Bonds and Common Stocks

• Introduction to Risk and Return
• Portfolio Theory
• Dividend Policy and Capital Structure.

Teaching and learning methods

The module is taught over a period of six weeks. Each week consists of 3.5 hours plus of teaching. The teaching consists of 3 lectures per week plus one class involving case studies and numerical problem solving.

Resources & Reading list

Textbooks

Brealey, Myers and Allen. Principles of Corporate Finance.

Formative

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

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