Module Identifier ACM2120  
Module Title CORPORATE FINANCIAL MANAGEMENT  
Academic Year 2005/2006  
Co-ordinator Dr Jose M Varas  
Semester Semester 2  
Mutually Exclusive MBM1610  
Course delivery Lecture    
  Seminars / Tutorials    
Assessment
Assessment TypeAssessment Length/DetailsProportion
Semester Exam3 Hours  80%
Semester Assessment 2,000 word essay20%
Supplementary Exam3 Hours  100%

Learning outcomes

On successful completion of this module students should be able to:
1. Evaluate the purpose of corporate financial management and the need to maintain high standards of governance
2. Evaluate the sources and costs of corporate financing and the choice of capital structure
3. Demonstrate qualitative and quantitative skills in evaluating alternative investments
4. Analyse the theoretical and practical considerations relevant to the formulation of dividend policy
5. Analyse the motives and financing considerations for mergers and acquisitions

Aims

To provide theoretical and practical perspectives on corporate financing, capital structure, investment, dividends and mergers.

Brief description

The module will analyse some of the key aspects and concerns of corporate financial management, within the three critical areas of financing, investing and restructuring.

Content

1. Introduction to corporate finance and governance
2. Sources and costs of corporate financing
3. Capital structure decisions
4. The investment decision and appraisal techniques
5. Dividend policy decisions
6. Mergers and acquisitions

Module Skills

Reading Lists

s
Atrill, P (2003) Financial Management for Non-Specialists 3rd edition. FT Prentice Hall
McLaney, E J (2003) Business Finance: Theory and Practice 6th edition. FT Prentice Hall
Pike, R and Neale, B (2003) Corporate Finance and Investment 4th edition. FT Prentice Hall

Notes

This module is at CQFW Level 7