Module Additional Assessment Details
Details -
An assignment of 3,000 words weighted at 100% assessing all learning outcomes.
Module Texts
Brealey R , Myers S and Allen F, (2011), Principles of Corporate Finance żGlobal edition, McGraw Hill, ISBN: 9780071314268.
McLaney E J (2011), Business Finance Theory and Practice, Financial Times/ Prentice Hall, ISBN: 9780273750451
Megginson W L , Smart S C & Lucy B M(2008), Introduction to Corporate Finance, South-Western Cengage Learning, ISBN: 978-1-84480-562-4
Pike R and Neale B (2006), Corporate Finance Investment: Decisions and Strategies, Pearson publication, ISBN: 0273695614
Module Resources
University Library and computing facilities
Electronic databases
Module Learning Strategies
A mixture of conventional lectures, individual and group problem solving, directed reading and problem-solving
outside class.
Module Indicative Content
This module begins with an overview of the objectives of the firm and the nature of financial structures. Main topics covered are:
Capital Structure debate with reference to Modigliani and Miller
Measures of financial and operational gearing
Cost of Capital with reference to Weighted Average Cost of Capital(WACC)
Extension of Capital asset pricing model (CAPM)
Business valuation methods
Sensitivity analysis
Dividend policy debate
Efficient market hypothesis
Divisional performance measurement
Financial Performance measures with reference to Balanced Scorecard approach
Acquisitions and restructuring
Shareholder Value Analysis