AMITY GLOBAL BUSINESS SCHOOL
Module Syllabus
Course
BSc (Hons) in Accounting and Finance
Module Title
Module Syllabus no. (if any)
Year offered
Start date
End date
Syllabus / Content / Learning
Outcomes
Strategic Financial Management
No of teaching hours
Teaching Methods
24 Hours
Lectures, tutorials, case-studies analysis, research
journals and group discussion.
Refer Module Guide as advised by the University
Assessment Methods and
Weightages
Skills for maximising learning
outcomes
Dates of examinations, major
assessments and assignments
Recommended text
MOD003577
2015 / 2016
Feb 2015 / Sep 2015
Feb 2018 / Sep 2018
The main aim of this module is to provide a rigorous grounding
in the theory and practice of financial management at an
intermediate and advanced level, and a thorough synthesis of
the most important current research in financial management.
Strategic Financial Management is concerned mainly with the
assessment of the investment and financing decisions of firms.
Within this module students will gain knowledge of the
theoretical foundations underlying much of financial
management practice and learn how those theories should be
applied in practice. This module will explore the investment and
financing functions of an organisation in great detail by covering
such issues as sources of finance, cost of capital, risk and
return, advanced investment appraisal, mergers and
acquisitions and treasury management. Students will also be
encouraged to critically engage with the subject area by
reflecting upon the academic theories that underpin financial
management practice. Theories of capital structure, market
behaviour, mergers and acquisitions, dividend policy and share
pricing will be incorporated into the syllabus to ensure a well
rounded coverage of each topic. This module will be assessed
through an assignment and an examination, enabling students a
number of opportunities to demonstrate familiarity with and
comprehension of the subject matter covered in class.
Reading and research
Refer to ARU website – (www.https://e-vision.anglia.ac.uk)
Arnold, G. (4th edition) Corporate Financial Management, Financial
Times
Pike, R., Neale, B., and Linsley., (7th Edition). Corporate Finance and
Investment
Supporting Texts:
Lumby, S. and Jones, C (7th edition) Corporate Finance: Theory and
Practice, Thomson
Brealey, R et al (latest edition) Principles of Corporate Finance,
McGraw-Hill
McLaney, E. (7th edition) Business Finance, Theory and Practice, FT
Prentice Hall
Additional reference texts (if
any)
Additional Remarks (if any)
FRM-007
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AMITY GLOBAL BUSINESS SCHOOL
Lesson No.
1
2
3
4
5
6
7
8
FRM-007
Learning Outcome
Financial Objectives and Strategies
The Financial Environment
Financing Decision: Short term Funds
Working Capital and Cash
Long-term Financing Decision including securities and derivatives
Investment Decision: ARR, Payback, NPV and IRR
Advanced Investment Appraisal: Tax, Risk, APV and International Issues
Risk and Return: Portfolio Theory
Capital Asset Pricing Model (CAPM) and Arbitrage Pricing Theory (Fama-French two,
three and four-factor models)
Cost of Capital: Weighted Cost of Capital (WACC)
Capital Structure and Dividend Policy (Modigliani and Miller Propositions 1, 2, 3 and
4)
Efficient Market Hypothesis (EMH) and Behavioural Finance
Mergers and Acquisitions
Risk management including foreign exchange and derivatives markets
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