Module FINN2041: Corporate Finance

Department: Finance

FINN2041: Corporate Finance

Tied To

• N302: Accounting and Finance with Placement Year
• N304: Accounting and Finance with Study Abroad
• N305: Finance
• N306: Finance with Placement Year
• N307: Finance with Study Abroad
• N311: Accounting and Finance
• N312: Accounting and Finance with Placement Year
• N313: Accounting and Finance with Study Abroad
• NN43: Accounting and Finance

Pre-requisites

Corequisites

Excluded Combinations

Aims

• The module aims to equip students with a comprehensive understanding of the principles and practices that underpin the role of a finance manager. It seeks to develop both theoretical knowledge and practical skills that are essential for effective decision-making in the areas of investment decisions and valuations, managing financial risks and financing options.
• It also aims to provide students with a sound foundation to enable them to undertake a dissertation in managerial and corporate finance.

Content

• The role of finance manager
• Short-term financing and working capital management
• Investment appraisal
• Long-term financing
• Market efficiency and practical considerations in the valuation of shares
• Capital structure and cost of capital
• Managing financial risks
• Corporate payout policies
• Mergers and acquisitions

Learning Outcomes

• On completion of the module, students will develop:
• a critical understanding of relevant investment appraisal methods and valuations
• comprehensive knowledge of financing options and the management of financial risk in a corporate finance context

• On completion of the module, students will be able to:
• Identify and process relevant information to support the analysis of relevant financial decisions
• Discuss and apply working capital management techniques
• Apply appropriate investment appraisal techniques while considering other factors affecting investment decisions
• Assess financing options and recommend relevant methods of financing
• Identify the financial risks facing a business and the principal methods of managing those risks
• Recognise key environmental, Social and Governance (ESG) challenges associated with corporate financial decision-making
• Evaluate international differences with regards to the operation of the relevant financial markets and corporate financial decision-making

• Written Communication - through summative assessment.
• Planning, Organisation and Time Management - e.g. by preparing for workshops and examinations.
• Working effectively within time constraints - e.g. by taking time-limited assessments.
• Operating to a brief within a given scenario - e.g. by answering scenario-based questions in workshops and the in-person exam.
• Ability to identify and prioritise key issues and stay on task.
• Problem Solving and Analysis - e.g. by applying the necessary analytical and quantitative skills.
• Numeracy - e.g. by applying core mathematical and statistical skills to answer a range of class and examination questions

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

• Teaching is by lectures and workshops. Learning takes place through attendance at lectures, preparation for and participation in workshops, and private study.
• Formative assessment is by means of online tests.
• Summative assessment is by means of an in-person written exam.

Teaching Methods and Learning Hours

Summative Assessment

Formative Assessment

Online tests