Module Identifier MBM1610  
Academic Year 2004/2005  
Co-ordinator Professor Owain M Ap Gwilym  
Semester Semester 2  
Course delivery Lecture   16 Hours  
  Seminars / Tutorials   4 Hours  
Assessment TypeAssessment Length/DetailsProportion
Semester Exam2 Hours  80%
Semester Assessment Case Study - 2,000 words20%
Supplementary Exam2 Hours  100%

Learning outcomes

Having competed the module, students will be able to:

- Explain the key elements of the business finance environment;
- Analyse the role of financial markets and institutions in supplying finance;
- Analyse the costs of long-term finance and capital structure decisions;
- Apply the concept of the time value of money;
- Apply relevant investment appraisal techniques;
- Analyse the role of mergers and acquisitions in coporate restructuring.


To provide theoretical and practical perspectives on corporate financing, investing and mergers.

Brief description

The module introduces the fundamental concepts and techniques of corporate financial management, within the themes of financing, investing and restructuring.


The Business Finance Environment and Corporate Governance
Costs of Financing and Capital Structure
Time Value of Money and Investment Appraisal
A Review of Investment Appraisal Techniques
Mergers, Acquisitions and Restructuring

Reading Lists

Knott, G (2004) Financial Management, 4th edition. Palgrave McMillan
McLaney, E J (2003) Business Finance: Theory and Practice, 4th edition. FT Prentice Hall
Pike, R and B Neale (2003) Corporate Finance and Investment, 4th edition. FT Prentice Hall
Attrill, P (2003) Financial Management for Non-specialists, 3rd edition. FT Prentice Hall


This module is at CQFW Level 7