Module Descriptors
CORPORATE FINANCE
ACCT60081
Key Facts
Faculty of Business, Education and Law
Level 6
15 credits
Contact
Leader: Paul Hammett
Email: Paul.Hammett@staffs.ac.uk
Hours of Study
Scheduled Learning and Teaching Activities: 30
Independent Study Hours: 120
Total Learning Hours: 150
Assessment
- REPORT weighted at 100%
Module Details
Module Resources
Student Learning Support Kit
The University Library and learning resources
Electronic databases such as EBSCO
The University Library and learning resources
Electronic databases such as EBSCO
Module Texts
Pike, R. and B. Neale. (2002). Corporate Finance and Investment: Decisions and Strategies, 4th Edition. FT Prentice Hall. ISBN: 0273651382
Watson, D. and A. Head. (2003). Corporate Finance: Principles and Practice, 3rd Edition. FT Prentice Hall. ISBN: 027368356X
Watson, D. and A. Head. (2003). Corporate Finance: Principles and Practice, 3rd Edition. FT Prentice Hall. ISBN: 027368356X
Module Learning Strategies
The learning strategy for the module requires students to commit 150 learning hours (including assessment) of this there will be 30 hours of class support and 120 hours of independent and self directed study. Support will also be given by access to Scheduled Tutor Office Hours to support the module.
The lecture/tutorial pattern may vary with some activities taking place in medium size group workshops.
12 hours of formal lectures
6 hours of formal lectures/large group activity
12 hours of tutorials
The lecture/tutorial pattern may vary with some activities taking place in medium size group workshops.
12 hours of formal lectures
6 hours of formal lectures/large group activity
12 hours of tutorials
Module Indicative Content
This module begins by examining the breadth of corporate finance and corporate treasury management. It will go on to cover the measurement of risk, hurdle rates in theory and practice, and the return on investments. Portfolio theory and the Capital Asset Pricing Model will be studied in this context.
The second part will look at capital structure to include: an overview of the financing decision, models and applications, and the financing details- equity financing, long-term borrowing, and leasing.
The third part looks at the `dividend decision'- it will study the determinants of dividend policy, a framework for analysing dividend policy, and the different forms of dividends.
The module concludes with company valuation and links this to the areas studied throughout the module.
The second part will look at capital structure to include: an overview of the financing decision, models and applications, and the financing details- equity financing, long-term borrowing, and leasing.
The third part looks at the `dividend decision'- it will study the determinants of dividend policy, a framework for analysing dividend policy, and the different forms of dividends.
The module concludes with company valuation and links this to the areas studied throughout the module.
Module Additional Assessment Details
One 2,000 word report based on numerical analysis (Tests All Learning Outcomes)