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Module Title LM Corporate Financial Management
SchoolBirmingham Business School
Department Birmingham Business School
Module Code 07 26685
Module Lead Abimbola Adedeji
Level Masters Level
Credits 20
Semester Semester 1
Pre-requisites
Co-requisites
Restrictions Available to only students on the MSc Financial Management programme.
Contact Hours Lecture-0 hours
Seminar-0 hours
Tutorial-0 hours
Project supervision-0 hours
Demonstration-0 hours
Practical Classes and workshops-0 hours
Supervised time in studio/workshop-0 hours
Fieldwork-0 hours
External Visits-0 hours
Work based learning-0 hours
Guided independent study-0 hours
Placement-0 hours
Year Abroad-0 hours
Exclusions
Description This module aims to give students critical knowledge and understanding of finance theories and the key issues in corporate financial management. Among other things, the module will cover the objectives of financial management, time value of money, investment appraisal techniques under certainty and uncertainty, risk and return, portfolio theory, types of finance and sources of finance that firms use, weighted average cost of capital, capital structure decision, dividend decision and working capital management. The module will lay some backgrounds which will be further developed at a later stage of the degree programme.
Learning Outcomes By the end of the module students should be able to:
  • use a range of techniques to appraise project investment proposals and know the strengths and weaknesses of each technique;
  • assess the potential impact of using different types of finance, or sources of finance, on the weighted average cost of capital and market value of a firm. They should also have a critical knowledge and understanding of the capital structure literature;
  • assess the potential impact of dividend policies of firms on their market values. They should also have a critical knowledge and understanding of the dividend policy literature;
  • apply a range of working capital management techniques; and
  • apply portfolio theory and have a critical awareness of its strengths and limitations.
Assessment 26685-01 : Class Test : Class Test (25%)
26685-02 : Exam : Exam (Centrally Timetabled) - Written Unseen (75%)
Assessment Methods & Exceptions Assessments:
A 1-hour class test (25%) and a 3-hour closed book examination (75%).

Reassessment:
A 3-hour closed book examination (100%).
Other
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