Module Information
Module Identifier
ACM2310
Module Title
CORPORATE FINANCIAL MANAGEMENT
Academic Year
2008/2009
Co-ordinator
Semester
Semester 2
Course Delivery
| Delivery Type | Delivery length / details |
|---|---|
| Lecture | 16 x 1 hour lectures |
| Seminars / Tutorials | 4 x 1 hour tutorials |
Assessment
| Assessment Type | Assessment length / details | Proportion |
|---|---|---|
| Semester Assessment | COURSEWORK ESSAY (2,000 WORDS) | 20% |
| Semester Exam | 2 Hours EXAMINATION | 80% |
| Supplementary Exam | 2 Hours EXAMINATION | 100% |
Learning Outcomes
On successful completion of this module students should be able to:
Evaluate the purpose of corporate financial management.
Evaluate the sources and costs of corporate financing.
Demonstrate qualitative and quantitative skills in evaluating alternative investments.
Analyse the motives and financing considerations for mergers and acquisitions.
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.
The module will consider both theoretical and practical perspectives on these issues. Key underlying themes will be optimal decision making and shareholder value creation.
The module will consider both theoretical and practical perspectives on these issues. Key underlying themes will be optimal decision making and shareholder value creation.
Content
a) Introduction to corporate finance
b) Sources and costs of corporate financing
c) The investment decision and appraisal techniques
d) Mergers and acquisitions
b) Sources and costs of corporate financing
c) The investment decision and appraisal techniques
d) Mergers and acquisitions
Module Skills
| Skills Type | Skills details |
|---|---|
| Application of Number | This will be developed in tutorial work, specifically on aspects of investment appraisal. |
| Communication | Oral communication skills will be developed in the tutorial sessions. Written communication skills will be developed via the essay submission in particular. The student will need to know how to exploit the available sources of information to their best advantage. They will be expected to submit their work in word processed format and the presentation of the work should reflect effective expression of ideas and competent use of language skills. |
| Improving own Learning and Performance | The aim is to promote self management within the context of assistance from the module coordinator. Students will improve their own learning and performance by undertaking directed but independent study and research, and deciding upon the direction taken for their essay submission. Time management will be crucial in preparation for the assessments. |
| Information Technology | Internet sources and other electronic information sources will be vital resources in preparing the essay submission. Students will also be expected to submit their work in word processed format. |
| Personal Development and Career planning | The module provides content which may prove highly valuable for many students in their later careers in management or finance. The process of developing their essays will also contribute to their transferable skills. |
| Problem solving | This will be developed through the need for research and preparation required for tutorial sessions. Also, the essay submission will require the student to develop independent research skills and problem solving skills. The final examination will ensure that an assessment of the students ability to work independently can be undertaken. |
| Research skills | The submission of an essay will reflect the independent research skills of the student. The need to locate appropriate research resources (e.g. from the internet and academic journals) will develop research skills. |
| Subject Specific Skills | Collecting and understanding data and literature on the module content. Evaluating alternative perspectives and practices. Demonstrating subject specific research skills. Applying a range of subject specific quantitative techniques. |
| Team work | Tutorial sessions will include group discussions where the students are obliged to discuss the core issues as a group. |
Reading List
Recommended TextAtrill, P (2007) Financial Management for Decision Makers 5th Edition FT Prentice Hall Primo search McLaney, E.J. (2009) Business Finance: Theory and Practice 8th Edition FT Prentice Hall Primo search Pike, R and Neale, B (2006) Corporate Finance and Investment 5th Edition FT Prentice Hall Primo search
Notes
This module is at CQFW Level 7