Module
Corporate Finance
- Module code
- 3041
- Module leader
- Karen Czapiewski
- Module level
- 6
- Module credits
- 15
- Prerequisites
- None
- Min study time
- 150 hours
- Contact Hrs within study time
- 25 hours
- Teaching period
- Semester 1
Module content
Decisions involving long-term assets, capital budgeting, capital appraisal techniques and investment decisions. Cost of capital, risk and uncertainty. Portfolio theory and capital pricing models. Foreign exchange markets and hedging techniques. Company valuations, take-overs and mergers. Dividend and retention policies. Efficient market hypothesis.
Module outcomes
To achieve credit for this module, students must be able to:
- Demonstrate an understanding of financial theories and concepts relating to corporate finance.
- Calculate and assess WACC, cost of equity, cost of debt and discounted cash flow techniques.
- Understand how the level of market efficiency underpins corporate finance theories.
- Evaluate the factors involved in portfolio theory and application.
Assessment
| Assessment | Description | Weighting |
|---|---|---|
| Coursework | Practical report - Share portfolio | 60% |
| Coursework | Group presentation to Board of Directors | 40% |
Key texts
Students should be familiar with the content of at least one of the following:
- Atrill, P. and McLaney E. (2013). Accounting and Finance for Non-Specialists. (8th edition). Pearson Education.
- Arnold.G. (2013). Corporate Financial Management. (5th edition). Pearson Education