- Module code
- Module leader
- Stephen Thomas
- Module level
- Module credits
- Min study time
- 150 hours
- Contact Hrs within study time
- 40 hours
- Teaching period
- August - April
USU (August - December)
Business structures. Interpretation of financial statements and other financial data. Techniques for raising finance. Cost behaviour. Absorption costing, Activity Based Costing and Marginal costing. Cost-Volume-Profit analysis. Relevant costs and short-term decisions. Budgeting and variance analysis. Capital Investment Appraisal.
RAU (January - April)
Portfolio theory and capital asset management. Efficient market theory. Dividend Policy. Cost of capital. Mergers and Acquisitions.
To achieve credit for this module, students must be able to:
- Evaluate the financial performance of organisations.
- Use management accounting techniques to aid decision-making.
- Discuss and apply the methods of capital investment appraisal.
- Demonstrate how portfolio theory underpins the whole of corporate finance.
- Evaluate the role an efficient market plays in raising finance.
- Cost capital and appreciate the role a discount rate plays in corporate finance.
|Coursework||1 x case study based assignment||50%|
|Coursework||1 x team presentation||50%|
Students should be familiar with the content of at least one of the following:
- Brealey, R.A. and Myers, S.C. (2005). Principles of Corporate Finance. (8th edition). McGraw Hill.
- Drury, C. (2005). Management and Cost Accounting. (8th edition). Chapman and Hall.
- Wood, F. and Sangster, A. (2005). Business Accounting Volume 2. (10th edition). Prentice Hall.