Module Identifier ACM2310  
Academic Year 2007/2008  
Co-ordinator Miss Sarah Lindop  
Semester Semester 2  
Course delivery Lecture   16 x 1 hour lectures  
  Seminars / Tutorials   4 x 1 hour tutorials  
Assessment TypeAssessment Length/DetailsProportion
Semester Exam2 Hours EXAMINATION  80%
Semester Assessment COURSEWORK ESSAY (2,000 WORDS)  20%
Supplementary Exam2 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.


a) Introduction to corporate finance
b) Sources and costs of corporate financing
c) The investment decision and appraisal techniques
d) Mergers and acquisitions

Module 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.  
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.  
Team work Tutorial sessions will include group discussions where the students are obliged to discuss the core issues as a group.  
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.  
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.  

Reading Lists

** 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