2016/17 Taught Postgraduate Module Catalogue

LUBS5004M Corporate Finance

15 creditsClass Size: 450

Module manager: Prof. Phil Holmes
Email: P.R.Holmes@leeds.ac.uk

Taught: Semester 1 (Sep to Jan) View Timetable

Year running 2016/17

This module is not approved as an Elective

Objectives

This module aims to provide a critical understanding of the key theoretical principles for effective financial decision making in a corporate enterprise and develop a practical understanding of the use of financial theory in business and financial markets. The module attempts to relate theory to current corporate business practice and requires students to be able to confidently use, interpret and manipulate financial formulas and numerical data. It provides a basis for further study of more specialist modules in finance.

Learning outcomes
Upon completion of this module students will be able to critically asses:
- key theoretical principles of corporate finance in relation to risk, investment appraisal and corporate financing decisions
- the application of corporate financial theory to business decision making

Skills outcomes
Upon completion of this module students will be able:
Transferable
- extract relevant information from real life scenarios and data in order to identify problems and define solutions
- demonstrate advanced numerical and quantitative skills

Subject Specific
- apply the theoretical knowledge to solve problems encountered by corporate financial managers
- interrogate financial and other numerical data by applying numerical and statistical techniques and financial theories

Syllabus

Indicative content:
- Corporate Financial Objectives and Agency Theory
- Time value of money and Valuation
- Capital Investment Decisions
- Risk, Return and the Capital Asset Pricing Model
- The Cost of Capital
- The Capital Structure Decision
- The Payout Policy Decision
- The Efficient Market Hypothesis

Teaching methods

Delivery type	Number	Length hours	Student hours
Lecture	11	2.00	22.00
Seminar	10	1.00	10.00
Private study hours			118.00
Total Contact hours			32.00
Total hours (100hr per 10 credits)			150.00

Private study

- Preparation for lectures 45 hours
- Preparation for workshops 45 hours
- Preparation for examination 28 hours.

Opportunities for Formative Feedback

The tutorials provide an opportunity for self-review of progress compared to suggested answers.

Methods of assessment

Exams

Exam type	Exam duration	% of formal assessment
Standard exam (closed essays, MCQs etc)	2 hr 00 mins	100.00
Total percentage (Assessment Exams)		100.00

Normally resits will be assessed by the same methodology as the first attempt, unless otherwise stated

Reading list

The reading list is available from the Library website

Last updated: 04/12/2017

Disclaimer

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