Programme And Module Handbook
 
Course Details in 2021/22 Session


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Module Title LI Corporate Finance
SchoolBirmingham Business School
Department Birmingham Business School
Module Code 07 33172
Module Lead Elina Lauretta / Nick Carline
Level Intermediate Level
Credits 20
Semester Semester 1
Pre-requisites
Co-requisites
Restrictions None
Contact Hours Guided independent study-146 hours
Seminar-10 hours
Lecture-44 hours
Total: 200 hours
Exclusions
Description This module aims to provide a sound grounding in the principles, concepts, analytical techniques and practical applications of the financial management in the context of a modern firm. The first half of the module introduces the basic financial concepts such as financial markets and instruments, identification of financing needs and alternative sources of finance, time value of money, basics of financial securities and project valuations. The second half of the module aims to cover some of the more advanced building-blocks of finance that are of primary concern to corporate managers focusing on financial decisions both inside and outside the firm. The module will extensively consider the fundamental relationship between risk and return, concept of an efficient market and the theory and practice of financing and dividend decisions.
Learning Outcomes By the end of the module students should be able to:
  • Explain the goals of financial management, working of financial market and the main financial instruments;
  • Identify and apply the principles underlying time value of money;
  • Compare and contrast the main sources of financing for a company;
  • Apply basic valuation techniques in investment decisions and valuation of financial securities;
  • 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 and the principles underlying asset valuation and market efficiency;
  • Critically appraise the major models proposed to explain corporate capital structure and dividend policies and practices.
Assessment 33172-01 : Group assignment : Coursework (50%)
33172-02 : January exam : Exam (Centrally Timetabled) - Written Unseen (50%)
Assessment Methods & Exceptions Assessment:
2x2 hour written unseen exams (50% each).

Reassessment:
3 hour exam (100%)
Other
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