BE311-5-SP-CO:
Corporate Finance
2016/17
Essex Business School
Colchester Campus
Spring
Undergraduate: Level 5
Current
15
30 June 2010
Requisites for this module
BE300 or EC111 or IA712
(none)
(none)
(none)
BE329, BE331, BE332, BE335, BE630
BSC N400 Accounting,
BSC N401 Accounting (Including Foundation Year),
BSC N402 Accounting (Including Year Abroad),
BSC N404 Accounting (Including Placement Year),
BSC N420 Accounting and Finance,
BSC N422 Accounting and Finance (Including Placement Year),
BSC NN43 Accounting and Finance (Including Foundation Year),
BSC NNK3 Accounting and Finance (Including Year Abroad),
BSC N233 Actuarial Science (Including Placement Year),
BSC N323 Actuarial Science,
BSC N324 Actuarial Science (Including Year Abroad),
BSC N325 Actuarial Science (Including Foundation Year),
BSC N390 Banking and Finance,
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 GN1H Finance and Mathematics (Including Year Abroad)
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.
LEARNING OBJECTIVES
By the end of this module the students should 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
No information available.
No information available.
Compulsory for:
BSc Finance
BSc Financial Management
BA Accounting
BA Accounting & Finance
No information available.
Assessment items, weightings and deadlines
| Coursework / exam |
Description |
Deadline |
Coursework weighting |
| Written Exam |
IN CLASS TEST |
|
|
| Exam |
Main exam: 120 minutes during Summer (Main 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
Reassessment
Module supervisor and teaching staff
Norvald Instefjord
ebsugcol@essex.ac.uk
Yes
Yes
No
No external examiner information available for this module.
Available via Moodle
Of 152 hours, 118 (77.6%) hours available to students:
27 hours not recorded due to service coverage or fault;
7 hours not recorded due to opt-out by lecturer(s).
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