SCHEME OF WORK
COURSE : ASC560 CORPORATE FINANCE
CREDIT HOURS: 3
EFFECTIVE DATE : SEMESTER MARCH – AUGUST 2021 (20212)
Course Instructor: Puan Aida Yuzi Yusof
Room No(s): S2-21
Email Address: aidayuzi@tmsk.uitm.edu.my
Phone No: 019-223 1151
Course Learning Outcome
At the end of the course, students should be able to:
1. Apply concepts and methods to solve problems related to Corporate Finance. ( C4 )
2. Conduct financial analysis for problems related to Corporate Finance. ( C4 )
3. Demonstrate lifelong learning skills related to Corporate Finance. ( A3 )
Course Description
This course introduces the students with various financial products, financial reporting, long term
and short-term financial management, mergers and acquisitions of firms. Part of this course
follows the syllabus of Business Finance (CB1) from the Institute and Faculty of Actuaries (IFOA).
WEEK
1
TOPIC
FINANCE AND THE FIRM
●
Financial Management
●
Corporate governance and financial
reporting.
●
Basic regulation, financial goals and
stakeholder of the firm.
HOURS
4
REMARK
2
FINANCE AND THE FIRM
●
4
Legal and ethical challenges in financial
Management
●
Role of financial system and financial
market’s structure
●
3
Shareholder wealth
CORPORATIONS STRUCTURE AND
4
FINANCED METHODS
4
●
Form of Business Organization
●
Loan and Share Capital
●
Types of Company Financing
CORPORATIONS STRUCTURE AND
4
FINANCED METHODS
●
Personal and Corporate Taxation
●
Financial
Market
Instrument,
stock,
Eurobonds, Preference and Ordinary
Share and Others
5
CORPORATIONS STRUCTURE AND
4
FINANCED METHODS
6
●
Derivatives Market Instruments
●
Securities Quotation System
FINANCIAL STATEMENTS
●
Review
of
Accounting
4
Fundamentals
Uses
●
7
Financial Statement Analysis
FINANCIAL STATEMENTS
●
Financial Statement Ratio analysis
●
Forecasting for Financial Planning
4
TEST 1
8
LONG TERM FINANCIAL MANAGEMENT
4
DECISIONS
●
Capital
Budgeting
Decision
Methods
Estimating
9
LONG TERM FINANCIAL MANAGEMENT
4
DECISIONS
●
Incremental Cash flows Project Analysis
and Evaluation
10
LONG TERM FINANCIAL MANAGEMENT
4
DECISIONS
●
Cost of Capital Structure and Basics
Corporate Taxation
●
11
Pay-out Policy (Dividend)
SHORT TERM FINANCIAL MANAGEMENT
4
DECISION
●
12
Tracing Cash and Net Working Capital
SHORT TERM FINANCIAL MANAGEMENT
4
DECISION
●
13
Working Capital Management
MERGERS AND ACQUISITIONS
●
Company Growth: Reason and Constraint
●
Characteristics and Reason to Merger and
4
Acquire
14
MERGERS AND ACQUISITIONS
●
Valuation and the Takeover Process and
Defense of a target company
●
Leverage Buyout
4
TEST 2
Calendar Summary:
29/03/2021 - 09/05/2021 – Lecture 1 (6 weeks)
10/05/2021 – 16/05/2021 – Mid Semester Break 1 (1 week)
17/05/2021 – 29/05/2021 – Lecture 2 (2 weeks)
30/05/2021 – 06/06/2021 – Mid Semester Break 2 (1 week)
07/06/2021 – 16/07/2021 – Lecture 3 (6 weeks)
17/07/2021 – 21/07/2021 – Study Week
22/07/2021 – 12/08/2021 – Final Assessment (3 weeks)
Total Lectures: 14 weeks
Teaching Methodology
•
Lectures (2 hours online)
•
Assignments, Tutorials (2 hours offline)
Assessment
•
1st Assessment (Assignment 1) : 10%
•
2nd Assessment (Test 1) : 10%
•
3rd Assessment (Test 2) : 10%
•
Final Assessment : 70%
*All Assessments, except for Assessment 1, must be submitted within 30 minutes after
the Tests
Recommended Text
Richard A. Brealey,Stewart C. Myers,Franklin Allen, Principles of Corporate Finance, 13th, Mc
Graw Hill, 2019, ISBN:1260565556
References
1. Denzil Watson,Antony Head, Corporate Finance, 8th, Pearson Education Limited, 2019,
ISBN: 1292244313
2. Jonathan Berk,Peter DeMarzo,Jarrad V.T.. Harford, Fundamentals of Corporate
Finance, Global Edition, 4th, Pearson, 2017, ISBN: 1292018402
3. Stephen A. Ross,Randolph W. Westerfield,Bradford D. Jordan, Fundamentals of
Corporate Finance, 12th, Mc Graw Hill, 2019, ISBN: 1259918955
4. David Hillier,Stephen A. Ross,Randolph W. Westerfield,Jeffrey Jaffe,Bradford D. Jordan,
Corporate Finance, 3rd, McGraw Hill, 2016, ISBN: 0077173635