Module BUSI4P210: Advanced Finance for Business (EBS)

Department: Management and Marketing

BUSI4P210: Advanced Finance for Business (EBS)

Prerequisites

• None

Corequisites

• BUSI4O310 Finance (EBS)

Excluded Combination of Modules

• None

Aims

• To build upon the material covered in the core module Finance, providing a rigorous training in the theory and application of modern finance at an advanced level.
• To familiarise students with empirical issues in finance, and the approaches to analysing corporate financial decisions within financial theory frameworks.
• To examine how the appropriate use of financial strategy can add value to the corporation.

Content

• The role of financial theory in making and assessing financial decisions
• Portfolio theory
• Development in equilibrium asset pricing models: Issues with the CAPM; Extensions to CAPM: The ICAPM and CCAPM; Arbitrage Pricing Theory
• Capital market efficiency, market anomalies and behavioural finance
• Mergers, acquisitions and corporate control
• Derivative securities and risk management
• The valuation and management of bond portfolios

Learning Outcomes

• Upon successful completion of the module, the students will have:
• an understanding of advanced financial theory from an international perspective;
• critical understanding of how lessons learned from the financial markets can be applied to the world of advanced corporate financial management and strategy;
• advanced knowledge and critical understanding of essential components of modern finance theory and associated current research.

• Upon successful completion of the module, students will:
• be able to use highly specialised and advanced technical, professional and academic research skills in the analysis of relevant specific problems in finance;
• be able to apply problem solving and analytical skills of research to issues in finance in a complex specialised context.

• Written communication
• Planning, organising and time management
• Problem solving and analysis
• Using initiative
• Computer literacy

Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module

• Learning outcomes are met through classroom-based workshops, supported by online resources. The workshops consist of a combination of taught input, groupwork, case studies and discussion. Online resources provide preparatory material for the workshops – typically consisting of directed reading and video content.
• The formative assessment consists of classroom-based exercises involving individual and group analyses and presentations on specific business situations/problems relevant to the learning outcomes of the module.
• The summative assessment of the module, by a take-away examination completed over a limited time period, will test students’ acquisition and articulation of knowledge and their ability to apply what they have learned in the business context. The use of a take-away examination will also encourage students to engage with and revise the whole module content, to encourage the development of a coherent, comprehensive understanding of the subject.

Teaching Methods and Learning Hours

Summative Assessment

Formative Assessment:

Classroom-based exercises involving individual and group analyses and presentations on specific business situations/problems relevant to the learning outcomes of the module. Oral and written feedback will be given on a group and/or individual basis as appropriate.

■ Attendance at all activities marked with this symbol will be monitored. Students who fail to attend these activities, or to complete the summative or formative assessment specified above, will be subject to the procedures defined in the University's General Regulation V, and may be required to leave the University