Finance plays an important role in everyone's decisions. It allows individuals and companies to take informed decisions on how to use money and plan for the future. You'll learn the role of various participants in the financial markets and study the theoretical framework guiding companies' long-term financial decisions - from investing in real assets to raising capital - and explore financial investors' decisions using a risk-return trade-off approach.
You’ll also learn how to use various financial databases to extract real financial data and apply all the techniques and models to assist companies and investors when investing in new long-term projects to ensure their success.
Total contact hours: 37
Private study hours: 113
Total study hours: 150
Main assessment methods:
Individual Report (3000 words) (40%)
Examination, 2 hour (60%).
Reassessment method:
100% Exam
Brealey, R., Myers S., & Allen F. (2008) "Principles of Corporate Finance". 9th Edition. McGraw –Hill.
Hillier D., Ross, S., Westerfield, R., Jaffe J., and Jordan B. (2010) Corporate Finance – European Edition, Mc-Graw Hill, Higher Education
Keown, A., Martin, J. and Petty, J. (2010) "Foundations of Finance: The Logic And Practice Of Financial Management (2010)" 7th Edition, Pearson Education
Ross, S., Westerfield, R. and Jaffe, J. (2007) "Modern Financial Management", 8th Edition, McGraw-Hill Higher Education
See the library reading list for this module (Canterbury)
The intended subject specific learning outcomes.
On successfully completing the module students will be able to:
- demonstrate a systematic knowledge and understanding of various finance theories and concepts;
- demonstrate a comprehensive and critical knowledge and understanding of empirical studies within the field of finance and the ability to interpret and evaluate results from such studies;
- demonstrate knowledge and understanding and a critical analysis of investment techniques, and ability to show how risk can be incorporated into investment appraisal techniques;
- apply quantitative techniques for solving complex problems within a finance context;
- demonstrate a systematic knowledge and understanding of the different forms of efficiency within a stock market and their implications to participants of the stock market;
- demonstrate knowledge and understanding of portfolio theory, the capital asset pricing model and the empirical tests of the CAPM and to be able to critically analyse such tests;
- demonstrate knowledge of the different forms of finance available to a company and be able to critically discuss issues relating to capital structure.
The intended generic learning outcomes.
On successfully completing the module students will be able to:
- analyse compare, discuss, critically evaluate various finance theories. To structure, develop and defend complex arguments orally and in writing;
- plan work, use relevant sources and study independently;
- ensure appropriate formats are selected for presentation of work, which includes the acknowledgement and reference of sources;
- analyse structured and unstructured problems.
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