Corporate Finance is at the core of any comprehensive business education as its covers a range of important topics that are considered critical to managerial decision making. It is truly the big picture module, which draws on accounting, statistics, economics and several management disciplines to develop the first principle that should govern decision making within any size or form of business entity. Particular attention will be given to Investment, Financing and Profit Distribution decisions. However, in light of recent financial fiascos the teaching will come with required warnings, flagging the tension between “theory” and “practice”, ethical/societal issues in financial decision making, potential pitfalls etc.
Learning Outcomes
By the end of the module students should be able to:
Demonstrate understanding of essential principles of corporate finance
Demonstrate problem solving, analytical and quantitative skills by applying theory and appropriate analytical tools to complex financial problems
Demonstrate skills in working with modern valuation tools and how to apply them in valuation of firms and projects
Demonstrate critical understanding of financial risk measurement and management at firm and market level
Demonstrate understanding of how/when financial theories depart from reality, their potential pitfalls and misuse
Assessment
32120-01 : Group Assignment : Group Assessment - Coursework (50%)
32120-02 : Exam : Exam (Centrally Timetabled) - Written Unseen (50%)
Assessment Methods & Exceptions
Assessment: 2 hour class test (50%); 2 hour examination