BE311-5-SP-SO:
Corporate Finance

PLEASE NOTE: This module is inactive. Visit the Module Directory to view modules and variants offered during the current academic year.

The details
2024/25
Essex Business School
Southend Campus
Spring
Undergraduate: Level 5
Inactive
Monday 13 January 2025
Friday 21 March 2025
15
21 June 2023

 

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

 

BE329, BE331, BE332, BE335, BE342, BE630, BE634, BE937

Key module for

BSC N400 Accounting,
BSC N401 Accounting (Including Foundation Year),
BSC N402 Accounting (Including Year Abroad),
BSC N404 Accounting (Including Placement Year),
BSC N390 Banking and Finance,
BSC N391 Banking and Finance (Including Foundation Year),
BSC N392 Banking and Finance (Including Placement Year),
BSC NH90 Banking and Finance (Including Year Abroad),
BSC N300 Finance,
BSC N301 Finance (Including Foundation Year),
BSC N302 Finance (Including Year Abroad),
BSC N304 Finance (Including Placement Year),
BSC GN13 Finance and Mathematics,
BSC GN15 Finance and Mathematics (Including Placement Year),
BSC GN18 Finance and Mathematics (Including Foundation Year),
BSC GN1H Finance and Mathematics (Including Year Abroad),
BSC N344 Finance and Management,
BSC N345 Finance and Management (Including Year Abroad),
BSC N346 Finance and Management (Including Placement Year),
BSC N347 Finance and Management (Including Foundation Year),
LLB MN10 Law with Finance,
LLB MN11 Law with Finance (Including Year Abroad),
LLB MN12 Law with Finance (Including Placement Year),
LLB MN13 Law with Finance (Including Foundation Year)

Module description

The purpose of this module is to provide an introduction to corporate financial decision making.

Module aims

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

Module learning outcomes

By the end of this module, students will be expected to 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)



  • Communication skills.

  • Structured problem solving – how to structure a problem and break it down into manageable smaller bits.

Module information

This module's 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.



This module is part of the Q-Step pathway. Q-Step is an award which you can gain simply by enrolling on specific modules and will signal to employers your capability in quantitative research. Learn more about the Q-Step pathway and enhance your degree now.

Learning and teaching methods

This module will be delivered via:

  • One 2-hour lecture per week.
  • One class per fortnight.

The fortnightly classes will be for students in smaller groups run by Assistant Lecturers. You will be informed of which group you belong to and what the dates are for your classes.

Bibliography


The above list is indicative of the essential reading for the course. The library makes provision for all reading list items, with digital provision where possible, and these resources are shared between students. Further reading can be obtained from this module's reading list.

Assessment items, weightings and deadlines

Coursework / exam Description Deadline Coursework weighting
Exam  Main exam: In-Person, Closed Book, 120 minutes during Summer (Main Period) 
Exam  Reassessment Main exam: In-Person, Closed Book, 120 minutes during September (Reassessment Period) 

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% 70%

Reassessment

Coursework Exam
30% 70%
Module supervisor and teaching staff
Dr Norvald Instefjord, email: ninstef@essex.ac.uk.
Dr Norvald Instefjord and Dr Yiwei Li
ebshelp-sou@essex.ac.uk

 

Availability
No
No
No

External examiner

No external examiner information available for this module.
Resources
Available via Moodle
Of 9 hours, 0 (0%) hours available to students:
9 hours not recorded due to service coverage or fault;
0 hours not recorded due to opt-out by lecturer(s).

 

Further information
Essex Business School

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