One 2,500 word report based on numerical analysis (Tests All Learning Outcomes)

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.

1. CRITICAL UNDERSTANDING OF THE COMPLEXITIES INVOLVED IN ASSESSING AND MEASURING BUSINESS RISK AND THE RETURN ON INVESTMENT
Analysis
Communication
Problem Solving

2. APPLY A RANGE OF MODELS IN THE PROCESS OF ORGANISATIONAL VALUATION
Application
Reflection

The University Library and Learning Resources
The module website
Electronic data bases such as EBSCO

FOR INTERNATIONAL COLLABORATIVE PARTNERS ONLY

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

The learning strategy for this module is based around students committing a total of 150 hours of activities towards achieving the learning outcomes. These will be split between 39 hours of direct contact with a tutor and 111 hours of directed, guided and self-study, together with preparation for and completion of the assessment tasks. Learning support material will be provided for the module.
The module will draw upon a mixture of activities including lectures, web-based activities, case study analysis, relevant videos and in-class discussions, individual and group problem solving and self-directed learning.