BE311-5-AP-KS:
Corporate Finance

The details
2020/21
Essex Business School
Kaplan Singapore
Autumn & Spring
Undergraduate: Level 5
Current
Thursday 08 October 2020
Friday 26 March 2021
15
04 February 2020

 

Requisites for this module
(none)
(none)
(none)
(none)

 

BE329, BE331, BE332, BE335, BE630, BE634, BE937

Key module for

(none)

Module description

The purpose of this module is to provide an introduction to corporate financial decision making. The focus is on the two major types of corporate decisions: investment decisions (spending capital) and financing decisions (raising capital).

We will also present the fundamental theory of payout policy and capital structure, and introduce option pricing theory as a tool for valuing corporate flexibility. Finally, we review some smaller topics: debt financing, risk management, working capital management, and corporate restructuring.

Module aims

The module aims to give the students an introduction to the main concepts associated with corporate financial decision making.

Module learning outcomes

On successful completion of the module, students will be able to:

1. Understand the concepts of value, net present value, and risk, and how to apply these in financial decision making
2. Understand the process of capital budgeting and the concept of efficient markets
3. Understand the fundamental principles of capital structure and payout policy
4. Understand the fundamental principles of option pricing theory and how to apply these in financial decision making

Skills for Your Professional Life (Transferable Skills)

The students will learn communication skills. Additionally, the students will learn structured problem solving – how to structure a problem and break it down into manageable smaller bits.

Module information

No additional information available.

Learning and teaching methods

1. There will be a double lecture weeks 1 – 6 and 8 – 10. 2. There will be a single tutorial for all students weeks 1 – 10. 3. There will be a fortnightly class for students in smaller groups run by GTAs. You will be informed of which group you belong to and what the dates are for your classes.

Bibliography

This module does not appear to have any essential texts. To see non-essential items, please refer to the module's reading list.

Assessment items, weightings and deadlines

Coursework / exam Description Deadline Coursework weighting

Exam format definitions

  • Remote, open book: Your exam will take place remotely via an online learning platform. You may refer to any physical or electronic materials during the exam.
  • In-person, open book: Your exam will take place on campus under invigilation. You may refer to any physical materials such as paper study notes or a textbook during the exam. Electronic devices may not be used in the exam.
  • In-person, open book (restricted): The exam will take place on campus under invigilation. You may refer only to specific physical materials such as a named textbook during the exam. Permitted materials will be specified by your department. Electronic devices may not be used in the exam.
  • In-person, closed book: The exam will take place on campus under invigilation. You may not refer to any physical materials or electronic devices during the exam. There may be times when a paper dictionary, for example, may be permitted in an otherwise closed book exam. Any exceptions will be specified by your department.

Your department will provide further guidance before your exams.

Overall assessment

Coursework Exam
30% 0%

Reassessment

Coursework Exam
30% 70%
Module supervisor and teaching staff
Dr Norvald Instefjord, email: ninstef@essex.ac.uk.
Dr Norvald Instefjord
Tel: (01206) 874160 Email: ninstef@essex.ac.uk

 

Availability
No
No
No

External examiner

No external examiner information available for this module.
Resources
Available via Moodle
No lecture recording information available for this module.

 

Further information
Essex Business School

Disclaimer: The University makes every effort to ensure that this information on its Module Directory is accurate and up-to-date. Exceptionally it can be necessary to make changes, for example to programmes, modules, facilities or fees. Examples of such reasons might include a change of law or regulatory requirements, industrial action, lack of demand, departure of key personnel, change in government policy, or withdrawal/reduction of funding. Changes to modules may for example consist of variations to the content and method of delivery or assessment of modules and other services, to discontinue modules and other services and to merge or combine modules. The University will endeavour to keep such changes to a minimum, and will also keep students informed appropriately by updating our programme specifications and module directory.

The full Procedures, Rules and Regulations of the University governing how it operates are set out in the Charter, Statutes and Ordinances and in the University Regulations, Policy and Procedures.