Module FINN42315: Corporate Finance and Operational Risk

Department: Finance

FINN42315: Corporate Finance and Operational Risk

Tied To

• M1KK09: Law and Finance
• N2PC09: Management and Finance

Pre-requisites

Corequisites

Excluded Combinations

Aims

• To provide a rigorous grounding in the theory and practice of corporate finance at an advanced level, and a thorough synthesis of the most important current research in corporate finance, with an emphasis on the applications of the principles. Both normative and positive aspects of the theory are examined, together with supporting descriptive and empirical evidence. Develop students' ability to master the knowledge and understanding at an advanced level of the means by which technology and operational risks can be managed.

Content

• An Introduction to Corporate Finance and Corporate Governance;
• Capital Structure;
• Cost of Capital;
• Payout Policy;
• Company Valuation;
• Operational and Technology Risks
• Operational risks and effective versus ineffective management
• Cyber/physical threats and the threat environment

Learning Outcomes

• have advanced knowledge and critical understanding of essential components of modern corporate finance and associated current research;
• have explored, understood and appreciated the complexity and contradictions of the current relevant academic literature and its implications for professional practice, and be able to identify open questions for their own research.
• Advanced knowledge and critical understanding of technology and operational risks, cyber/physical threat landscape.

• have the ability to learn and work independently in corporate finance, exercising critical judgement and discrimination in the resolution of complex problematic situations;
• be able to use highly specialised and advanced technical, professional and academic skills in the analysis of relevant specific problems in corporate finance;
• be able to apply problem solving and analytical skills to issues in corporate finance in a complex specialised context.
• be able to holistically understand the governance and managerial aspects of tech, cyber/physical and operational risks.

• Written Communication;
• Planning, Organising and Time Management;
• Problem Solving and analysis;
• Using initiative;
• Numeracy;
• Computer Literacy

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

• A combination of lectures, seminars and guided reading will contribute to achieving the aims and learning outcomes of this module.
• The summative assignment allows students to develop relevant knowledge and critical understanding of the material covered in the module as well as their analytical and problem-solving skills.
• Formative online tests provide students with the opportunity to develop their understanding and skills, and to receive instant feedback.

Teaching Methods and Learning Hours

Summative Assessment

Formative Assessment

Work prepared by students for seminars; answers to questions either discussed during a seminar, or posted on Blackboard. Verbal formative feedback will be given to students as a group throughout the seminars. Additionally, weekly online tests provide students with the opportunity to develop their understanding and skills, and to receive instant feedback.