FIN20050 Corporate Finance

Academic Year 2023/2024

In this subject we build on the corporate finance content of a previous introductory finance course. We cover the theory, practice and evidence on corporate investment and financing decisions: capital budgeting, capital structure, cost of capital, raising finance, dividend policy, agency issues, Mergers and Divestments, corporate control and governance.

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Curricular information is subject to change

Learning Outcomes:

On completing this module students will be expected to be able to: - Explain theory on capital structure, dividend policy and agency issues, and the extent to which it holds in reality.- Apply the techniques associated with capital budgeting, such as calculating an appropriate cost of capital, in a real-world setting. - Critically appraise the extent to which agency issues and corporate governance affect corporate financing and investment decisions.- Describe the various approaches used by firms to raise finance and demonstrate an understanding of the benefits of the various sources of finance. Acquire a developed understanding of the techniques employed to assess both proposed mergers and divestments. Have a good understanding of the issues relating to corporate governance.

Student Effort Hours: 
Student Effort Type Hours
Lectures

24
Specified Learning Activities

20
Autonomous Student Learning

60
Total

104
Approaches to Teaching and Learning:
Active/task-based learning; peer and group work; lectures; critical writing; reflective learning; enquiry & problem-based learning; case-based learning.
 
Requirements, Exclusions and Recommendations
Learning Requirements:

Students must have taken and passed FIN20010 Principles of Finance (or a similar introductory finance course).


Module Requisites and Incompatibles
Equivalents:
Corporate Finance (FIN30250)


 
Assessment Strategy  
Description Timing Open Book Exam Component Scale Must Pass Component % of Final Grade
Assignment: Company Report Unspecified n/a Graded No

30
Examination: Final Examination 2 hour End of Trimester Exam No Standard conversion grade scale 40% No

70

Carry forward of passed components
Yes
 
Resit In Terminal Exam
Spring Yes - 2 Hour
Please see Student Jargon Buster for more information about remediation types and timing. 
Feedback Strategy/Strategies

• Feedback individually to students, post-assessment

How will my Feedback be Delivered?

Not yet recorded.

Timetabling information is displayed only for guidance purposes, relates to the current Academic Year only and is subject to change.
 
Autumn
      
Lecture Offering 1 Week(s) - Autumn: All Weeks Wed 09:00 - 10:50