Course Details in 2018/19 Session

Module Title	Elementary Managerial Finance
School	Birmingham Business School
Department	Accounting and Finance (DNU)
Module Code	07 02753
Module Lead	Mr K Ow-Yong
Level	Certificate Level
Credits	10
Semester	Semester 2
Pre-requisites
Co-requisites	Basic Accounting B - (07 11055) Introduction to Management Accounting - (07 19663) Basic Accounting A - (07 14441)
Restrictions	Available to BSc Accounting and Finance, BSc Money, Banking and Finance students only.
Exclusions	none
Description	Financial market instruments and their functions; Discounted clash flows approaches to investment decision-making and the evaluation of different sources of finance; Cost of capital and elementary financial management; Impact of dividend and capital structure policies.
Learning Outcomes	By the end of the module the student should be able to: Evaluate investment decisions using discounted cash flow methods under the assumptions of certainly; Apply traditional approaches to incorporate risk in investment decisions; Explain the functions of financial markets and the main financial instruments found in them; Show the different ways in which a company can raise capital and its valuation; Calculate and make use of appropriate costs of capital and understand how dividend and capital structure policies affect a firm¿s value.
Assessment	02753-02 : Test : Class Test (12.5%) 02753-03 : Exam : Exam (Centrally Timetabled) - Written Unseen (37.5%) 02753-04 : Exam : Exam (Centrally Timetabled) - Written Unseen (37.5%) 02759-01 : Test : Class Test (12.5%)
Assessment Methods & Exceptions	Assessed jointly with linked module Introduction to Management Accounting (07 19663)). 3 hr exam (75%), continuous assessment (25%).
Other	none
Reading List	Brearley, Myers and Marcus, Fundamentals of Corporate Finance, McGraw Hill (2007) Pike and Neale, Corporate Finance and Investment, Prentice Hall (2005)