The module aims to cover some of the more advanced building-blocks of finance that are of primary concern to corporate managers, and some of the more advanced considerations needed to make financial decisions both inside and outside the firm. At its core, the module will extensively consider the fundamental relationship between risk and return, and concept of an efficient market. It will then introduce the theory and practice of financing and dividend decisions. Although the module will inevitably contain material of a technical and theoretical nature, it is designed for a cohort of aspiring general managers, as well as accounting and finance specialists.
Learning Outcomes
By the end of the module the student should be able to:
apply the quantitative techniques, and explain the principles, underlying portfolio selection and
diversification;
use and explain the capital-asset-pricing-model and other factor models;
explain the principles underlying asset valuation and market efficiency;
discuss the theories and practice of capital structure, and apply the valuation techniques to the levered firm; and
discuss the theories and practice of dividend policy.