Corporate Finance

Module organiser: Andrea Finegan

Description

This course will provide a solid grounding in the principles of financial management and decision-making within companies. You will become familiar with the decisions around investment appraisal, sources of finance, capital structure, risk management and valuation.

Learning objectives

You will gain knowledge and understanding of the following:

  • Investment Appraisal: This involves the analysis of investment projects, incorporating risk, term structure of interest rates, tax, the cost of capital and rates of return.
  • Capital Markets: This covers the debt and equity capital markets and how they operate, the role of intermediaries and market efficiency.
  • Capital Structure: This addresses the issue of the optimal capital structure of firms, mergers and acquisitions and the market for corporate control, gearing and the basics of hedging and international finance.
  • Valuation: An introduction to the art of business valuation providing an overview of theoretical valuation techniques, the factors enhancing value and methods of realising value.

Learning outcomes

  • Numeracy and quantitative skills: including the use of models of business situations;
  • Information and knowledge: scanning and organising financial data, abstracting meaning from information and sharing knowledge;
  • Problem solving and decision making: establishing criteria, using appropriate decision techniques including identifying, formulating and solving business problems;
  • Ability to create, identify and evaluate options;
  • The ability to implement and review decisions
  • Written communication using a range of media, including the preparation of business reports;
  • Ability to conduct research into business and management issues.

Please note: This information is subject to review and change without notice.