Corporate Finance

Credits: 10

Introduction and module objectives:

The main aim of this module is 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. The emphasis is on the applications of the principles to long-term strategic decision making. Both normative and positive aspects of the theory are examined, together with supporting descriptive and empirical evidence.

Learning outcomes:

By the end of the module students should be able to:

  • Demonstrate a broad and in-depth knowledge of modern advanced finance theory;
  • Explore, understand and appraise the complexity of a firm’ s capital structure;
  • Interpret and evaluate the sophisticated financial decisions as signals of a firm’s quality;
  • Evaluate and synthesise the advanced literature of corporate finance.

Method of assessment:

  • One hour class test (20%)
  • Two hour examination (80%)