This postgraduate course provides students with an understanding of the principal issues involved in Corporate Finance.

10 x 2-hour teaching sessions and 4 x 1 hour tutorials.

International Corporate Finance (ACCFIN5204)

Corporate Finance (ACCFIN5205)

None.

Reassessments are normally available for all courses, except those which contribute to the Honours classification. For non Honours courses, students are offered reassessment in all or any of the components of assessment if the satisfactory (threshold) grade for the overall course is not achieved at the first attempt. This is normally grade D3 for undergraduate students and grade C3 for postgraduate students. Exceptionally it may not be possible to offer reassessment of some coursework items, in which case the mark achieved at the first attempt will be counted towards the final course grade. Any such exceptions for this course are described below. 

Reassessment will not be available for the group assignment.

The overall aim of the course is to give students a critical focus of corporate finance and the functions of the securities market and the optimal investment strategy under rational market conditions. Students will develop critical skills in assessing the relevance of the principles of Finance to real-world situations.

By the end of the course, participants will be able to:

1. Critically discuss the variable levels of stock market efficiency

2. Explain and critically evaluate methods of investment appraisal

3. Discuss the role of financial managers and identify the major issues that confront them

4. Evaluate different theories of capital structure and dividend policy

5. Apply capital budgeting techniques to corporate investment evaluation

6. Work effectively in a team-working environment, demonstrate effective communication and an ability to contribute effectively to group project work.

Students must submit at least 75% by weight of the components (including examinations) of the course's summative assessment.