Programme And Module Handbook
 
Course Details in 2024/25 Session


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Module Title LH Advanced Corporate Finance
SchoolBirmingham Business School
Department Finance
Module Code 07 31808
Module Lead Julie McDonald
Level Honours Level
Credits 20
Semester Semester 1
Pre-requisites
Co-requisites
Restrictions None
Exclusions
Description The purpose of this module is to build upon students’ knowledge and understanding of the principles of finance, financial instruments and securities acquired in years 1 and 2.
The objective of the module is to explore and evaluate investment theory and application. This is an applied module, with significant focus on problem solving and practical problems. The module concerns designing an investment approach, risk appetite, portfolio construction, investment risk measurement and management, managing an investment portfolio, portfolio performance, and investment taxation.
Learning Outcomes By the end of the module, students should be able to:
  • Demonstrate knowledge of the investment planning process and designing an investment approach.
  • Explain and critically appraise the relationship between risk and return, modern portfolio theory and asset pricing.
  • Calculate and evaluate different styles of investment allocation and their risk management
  • Measure and interpret different types of investment risks.
  • Explain and critically appraise the performance of portfolios and evaluate the use of derivatives.
  • Identify and explain the principles of efficient capital markets and empirical challenges to market efficiency.
  • Critically evaluate fund management strategies and the relevance of findings from behavioural finance to investment design.
  • Analyse the valuation and management of fixed income investments.
  • Demonstrate knowledge and application of financial derivatives including options, futures and swap contracts
Assessment
Assessment Methods & Exceptions Group Project of 2000 words, 30%
Class Test, 20%
2-hour written exam, 50%
Other
Reading List