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| Module Availability |
| Spring |
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| Assessment Pattern |
| Unit(s) of Assessment |
Weighting Towards Module
Mark (%)
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| 2 hour Examination |
70
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| Coursework 1 |
10
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| Coursework 2 |
20
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Qualifying Condition(s)
A weighted aggregated mark of 40% is required to pass the module |
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| Module Overview |
| The module analyses applications fo the theory of finance to corporate policy. Broadly defined, this area comprises all operations directoed towards the procurement of funds and their investment in the various types of assets. We will therefore address questions such as 'Does the form of financing, debt or equity, matter?', 'Does the form of financial payment, dividendes or captial gains, have an effect on the value of the firm?', 'How can the firm select the best from a number of competing investment projects?', 'Is the value of firm dependent on whether or not it hedges financial risks?'. To introduce students to econometrics (the application of statistical methods to economic data). The emphasis is on how students can carry out econometric analysis for themselves and how th interpret their results |
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| Prerequisites/Co-requisites |
| None |
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| Module Aims |
| The aim of this module is to provide an overview of possible investment stategies available to firms, and to show how those investment projects can be funded |
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| Learning Outcomes |
On successful completion of this module you should be able to:-
- explain and perform investment appraisal
- understand the principles of corporate valuation
- exhibit a clear knowledge of the workings of money and captial markets
Transferable Skills
- problem solveing
- financial market awareness
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| Module Content |
The following is an indication of the likely topics to be covered:-
- investment and rates of return
- capital structure and corporate valuation
- the divident retention decision
- mergers and takeovers
- money and capital markets
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| Methods of Teaching/Learning |
| Lectures (11) |
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| Selected Texts/Journals |
brealey R. & S., Myers & F. Allen, Principles of Corporate Finance, 9th edition, ed., McGraw-Hill, 2007
Brealey R. & S. Myers & A. Marcus, Fundamentals of Corporate Finance, 6th edition, ed.,McGRaw-Hill, 2008 |
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| Last Updated |
10 March 2011 |
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