An assignment of 3,000 words weighted at 100% assessing all learning outcomes.

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

1. DEMONSTRATE A SYSTEMATIC KNOWLEDGE AND A CRITICAL AWARENESS OF VARIOUS THEORIES OF CAPITAL STRUCTURE, PERFORMANCE MEASUREMENT, AND DIFFERENT METHODS OF BUSINESS VALUATION.
Knowledge & Understanding

2. APPLY CRITICAL ANALYSIS OF ALTERNATIVE INVESTMENT OPPORTUNITIES AND DETERMINE RELEVANT SOURCES OF FINANCE
Analysis
Application

3. APPLY AND CRITICALLY APPRAISE METHODS OF BUSINESS RISK MANAGEMENT AND CORPORATE INVESTMENT APPRAISAL UNDER UNCERTAINTY
Analysis
Application

4. PREPARE A REPORT APPLYING AN APPROPRIATE KNOWLEDGE OF VARIOUS FINANCIAL MANAGEMENT TECHINQUES.
Application
Communication

A mixture of conventional lectures, individual and group problem solving, directed reading and problem-solving
outside class.

University Library and computing facilities
Electronic databases

FOR INTERNATIONAL COLLABORATIVE PARTNERS ONLY

Brealey R , Myers S and Allen F, (2011), Principles of Corporate Finance Global 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