Course Details in 2022/23 Session

Module Title	LM Corporate Financial Management
School	Birmingham Business School
Department	Finance
Module Code	07 37216
Module Lead	Module leads: Dr. Hui Li and Dr. Jing Du
Level	Masters Level
Credits	20
Semester	Semester 1
Pre-requisites
Co-requisites
Restrictions	None
Exclusions
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. 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	37216-01 : 2000 Word assignment : Coursework (50%) 37216-02 : 2 Hour Exam : Exam (Centrally Timetabled) - Written Unseen (50%)
Assessment Methods & Exceptions	A 2,000 word individual case study (50%) and a 2 hour exam (50%). Students who fail the module will resit the failed component(s) only.
Other	Accrediting body: Association of Corporate Treasurers (ACT)
Reading List