Programme And Module Handbook
Course Details in 2022/23 Session

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Module Title LM Corporate Financial Management
SchoolBirmingham Business School
Department Finance
Module Code 07 36325
Module Lead Dr. Hui Li and Dr. Jing Du
Level Masters Level
Credits 20
Semester Semester 1
Restrictions None
Contact Hours Lecture-30 hours
Seminar-10 hours
Guided independent study-160 hours
Total: 200 hours
Description This module aims to give students critical knowledge and understanding of finance theories and the key issues in corporate financial management.

In order to give students a deeper knowledge and understanding of corporate finance theories, the module will also cover theory of choice under uncertainty without, and with, capital markets, asset and option pricing models, efficient market hypothesis, theories and techniques of valuation of options, shares and acquired companies, mergers and acquisitions and behavioural finance. Sustainable/green financing and emerging markets finance will also be considered.
Learning Outcomes By the end of the module students should be able to:
  • Understand and apply the concept of time value of money
  • Appraise project investment proposals and critically evaluate the effects of investment decisions of firms on their market values under certainty and uncertainty
  • Understand and apply techniques of valuation of stocks, bonds and options
  • Assess the potential impacts of financing and dividend decisions of firms on their costs of capital and market values. The students should also have critical knowledge and understanding of the capital structure and dividend policy literatures
  • Critically apply a range of asset and option pricing models and know their strengths and limitations
  • Assess efficiency of financial markets; and demonstrate critical knowledge and understanding of the key issues in the mergers and acquisitions, behavioural finance and digital finance.
Assessment 36325-01 : Individual Case Study : Coursework (50%)
36325-02 : Exam : Exam (Centrally Timetabled) - Mixed (50%)
Assessment Methods & Exceptions Main & Reassessment: 2,000 word individual case study (50%) & 2 hour exam (50%).
Students who fail the module resit the failed component(s) only.
Reading List