Module Descriptors
CORPORATE FINANCE (FTA)
ACCT60169
Key Facts
School of Justice, Security and Sustainability
Level 6
15 credits
Contact
Leader: Ahmad Mlouk
Email: A.Mlouk@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
The University Library and Learning Resources
The module website
Electronic data bases such as EBSCO
The module website
Electronic data bases such as EBSCO
Module Learning Strategies
This module is delivered during teaching block 3 of the fast track award. The learning strategy for the module requires students to commit to 150 learning hours (including assessment).
There will be 30 hours of blended learning of which 15 hours (10 hours lectures and 5 hours tutorials) will be delivered during the two week accelerated learning stage and 15 hours of tutor directed study which will be delivered through the virtual learning environment.
In addition there will be 120 hours of independent and self-directed study. Learning support material will be provided for the module.
There will be 30 hours of blended learning of which 15 hours (10 hours lectures and 5 hours tutorials) will be delivered during the two week accelerated learning stage and 15 hours of tutor directed study which will be delivered through the virtual learning environment.
In addition there will be 120 hours of independent and self-directed study. Learning support material will be provided for the module.
Module Additional Assessment Details
One 2,500 word report based on numerical analysis (Tests All Learning Outcomes)
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 module will then look at the determinants of a company's dividend policy, a framework for analysing dividend policy, and the different forms of dividends.
You will then go on to explore the various methods of company and share valuation, linking this to the areas studied throughout the module. You will then examine take-over and merger activity and the funding methods available including the growing importance of private equity finance. We will also examine capital reconstructions, divestments and corporate failure.
The module concludes by exploring international aspects of Corporate Finance and will include an introduction to futures and options, the advantages of multi national companies over national companies, the complexities of foreign investment and exchange rate hedging strategies.
The module will then look at the determinants of a company's dividend policy, a framework for analysing dividend policy, and the different forms of dividends.
You will then go on to explore the various methods of company and share valuation, linking this to the areas studied throughout the module. You will then examine take-over and merger activity and the funding methods available including the growing importance of private equity finance. We will also examine capital reconstructions, divestments and corporate failure.
The module concludes by exploring international aspects of Corporate Finance and will include an introduction to futures and options, the advantages of multi national companies over national companies, the complexities of foreign investment and exchange rate hedging strategies.
Module Texts
Recommended Text
Pike, R. and B. Neale, (2006), Corporate Finance and Investment: Decisions and Strategies: 5th Edition, FT Prentice Hall. ISBN: 027369561-4
Additional Reading
Arnold G, (2005), Corporate Financial Management, 3rd Edition, FT Prentice Hall ISBN 0273-68726-3
Watson D and Head A, (2003), Corporate Finance: Principles and Practice, 3rd Edition. FT Prentice Hall. ISBN: 027368356X
Pike, R. and B. Neale, (2006), Corporate Finance and Investment: Decisions and Strategies: 5th Edition, FT Prentice Hall. ISBN: 027369561-4
Additional Reading
Arnold G, (2005), Corporate Financial Management, 3rd Edition, FT Prentice Hall ISBN 0273-68726-3
Watson D and Head A, (2003), Corporate Finance: Principles and Practice, 3rd Edition. FT Prentice Hall. ISBN: 027368356X