MODULE SPECIFICATION
Name of Module
Parent School/Dept
Programme(s) where
module is offered
Status (core, option,
free choice)
FHEQ
7
Level
Term taught
Corporate Finance
TBE
Master of Business Administration (MBA)
Compulsory
Unit Value
TBE
15
Pre-Requisite Modules
or Qualifications
Module
TBE
Code
Applicable From
None
Module
TBE
coordinator
TBE
Educational Aims of the Module
This module introduces students to the complexity and variety of financial decisions that are made by corporations.
The focus of the module is on finance at the level of the firm, and issues are examined primarily from a managerial
point of view. Students engage in topical group discussion and case-study analysis to gain a core understanding of
capital markets and the financial environment.
Module Outline/Syllabus
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




Understand financial statements and ratio analysis
The financial environment, capital markets and market efficiency
Valuation Risk and Return: Including Portfolio Theory and capital asset pricing model
Cost of capital, capital structure and investment appraisal techniques
Dividend policy
Mergers and acquisitions
Type
Lectures
Seminars / Workshops
Student Engagement Hours
Number per Term
Duration
10
2 hours
10
1 hour
Total Time
20 hours
10 hours
Total Guided/Independent Learning Hours 120 hours
Total Contact Hours 30 hours
Total Engagement Hours 150 hours
Type
Written Assignment
Group presentation on
corporate performance
Written examination
Assessment Method Summary
Duration /
Number Required
Weighting
Length
1
2000
20%
words
1
20 mins
20%
1
3 hours
60%
Timing/Submission
Deadline
TBE
TBE
Next exam diet
Intended Learning Outcomes:
Module Outcomes
Teaching and Learning Strategy:
On successful completion of the module students
should be able to:
1. Apply theoretical concepts to a range of
financial decisions
2. Critically analyse investment opportunities
using a variety of techniques
3. Critically evaluate corporate performance
4. Demonstrate an in-depth understanding of the
capital markets and market efficiency theories
5. Evaluate the impact of alternative capital
structures
→
1. Lectures will provide the framework for this
module in which major concepts, theories and
techniques will be introduced.(ILO: 2,4,5)
2. The seminars/workshops will provide the
opportunity to develop selected areas
introduced in the lecturers in greater depth.
Case studies will be use to illustrate the
relevance of the theoretical concepts.(ILO: 15)
3. Tutors will set assignments and guide
students through independent study and
research. (ILO: 1-5)
Assessment Strategy
→
1. Examinations (ILO: 1,2,4,5)
2. Presentation (ILO: 3,5)
3. Written assignment (ILO: 2,3,5)
Practical Skills
Teaching and Learning Strategy:
On successful completion of the module students
should be able to:
1. Interpret and accurately apply the capital asset
pricing model
2. Interpret and critique financial statements
3. Critically evaluate and understand dividend
policy
1. The seminars/workshops.(PS: 1-3)
2. Tutors will set assignments and guide
students through independent study and
research (PS:1-3)
→
Assessment Strategy
→
1. Examinations (PS: 1-3)
2. Set assignment (PS: 1-3)
Transferable Skills
Teaching and Learning Strategy:
On successful completion of the module students
should gained the following:
1. Analytical skills
2. Problem solving skills
3. Decision making skills
4. Communication and interpersonal skills
5. Numeracy and problem-solving skills
6. Research skills
1. Lectures will provide the framework for this
module in which major concepts and
techniques will be introduced.(TS: 2,3)
2. The seminars/workshops.(TS: 1,3,4,5,6)
3. Tutors will set assignments and guide
students through independent study and
research (TS: 1-6)
→
Assessment Strategy
→
1. Examinations (TS: 1-6)
2. Presentation (TS: 3,4,6)
3. Written assignment (TS: 1-6)
.
Key Texts and/or other learning materials
G. Arnold, G. (2012) Corporate Financial Management, 5th Edition, Pearson
Berk, J. and DeMarzo, P. (2013) Corporate Finance, 3rd Edition, Pearson
Supplementary Texts and other learning materials
D. Watson, D. and Head, A. (2013) Corporate Finance: Principles and Practice, 6th Edition, Pearson
R. Brealey, R., Myers, S. Allen, F. (2013) Principles of Corporate Finance, 11th Edition, Global Edition, McGraw-Hill
Hillier, D., (2013) Corporate Finance, European Edition, 2nd Edition, McGraw-Hill
Brealy, R., Myers, S.C., and Marcus, S.C. (2011) Fundamentals of Corporate Finance, McGraw Hill
Corporate Finance lecture: Professor Aswath Damodaran
https://www.youtube.com/watch?v=f8UMSWAihnc
Journal of Corporate Finance
http://www.journals.elsevier.com/journal-of-corporate-finance/
Financial Times
www.ft.com
International Journal of Financial Studies
http://www.mdpi.com/journal/ijfs
Journal of Finance
http://onlinelibrary.wiley.com/journal/10.1111/(ISSN)1540-6261
University of Oxford Podcasts
http://podcasts.ox.ac.uk/keywords/finance
The Economist
www.economist.com
Please note: This specification provides a concise summary of the main features of the module and the learning outcomes that a typical student
might reasonably be expected to achieve and demonstrate if he/she takes full advantage of the learning opportunities that are provided. More
detailed information on the learning outcomes, content and teaching, learning and assessment methods of each module and programme can be
found in the departmental or programme handbook. The accuracy of the information contained in this document is reviewed annually by the
University of Buckingham and may be checked by the Quality Assurance Agency.
Date of Production
Date approved by School Learning and
Teaching Committee
Date approved by School Board of Study
Date approved by University Learning and
Teaching Committee
Date of Annual Review