|| ACM2310 |
|| CORPORATE FINANCIAL MANAGEMENT |
|| 2007/2008 |
|| Miss Sarah Lindop |
|| Semester 2 |
| Course delivery
|| Lecture || 16 x 1 hour lectures |
|| Seminars / Tutorials || 4 x 1 hour tutorials |
|Assessment Type||Assessment Length/Details||Proportion|
|Semester Exam||2 Hours EXAMINATION ||80%|
|Semester Assessment|| COURSEWORK ESSAY (2,000 WORDS) ||20%|
|Supplementary Exam||2 Hours EXAMINATION ||100%|
Learning outcomesOn 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.
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.
a) Introduction to corporate finance
b) Sources and costs of corporate financing
c) The investment decision and appraisal techniques
d) Mergers and acquisitions
|| 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. |
|| 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. |
|| 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. |
|| Tutorial sessions will include group discussions where the students are obliged to discuss the core issues as a group. |
|| 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.
|Application of Number
|| This will be developed in tutorial work, specifically on aspects of investment appraisal. |
|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. |
|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.
** Recommended Text
Atrill, P (2006) Financial Management for Decision Makers
4 Edition. FT Prentice Hall
McLaney, E.J. (2006) Business Finance: Theory and Practice
7 Edition. FT Prentice Hall
Pike, R and Neale, B (2006) Corporate Finance and Investment
5 Edition. FT Prentice Hall
This module is at CQFW Level 7