BE311-5-SP-CO:
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
Colchester Campus
Spring
Undergraduate: Level 5
Inactive
Monday 13 January 2025
Friday 21 March 2025
15
22 June 2023

 

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

 

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

Key module for

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 introduce the students to the corporate financial decision making.

Module aims

The module aims to give the students an introduction to the net present value concept, which is a key tool for corporate financial decision making.

Module learning outcomes

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



  1. Demonstrate the understanding of, and apply, net present value as a tool for corporate decision making.

  2. Demonstrate an understanding of, and apply, the fundamental principles of capital structure and pay-out policy.


Skills for Your Professional Life (Transferable Skills)



  1. To structure and break down a problem before solving it in manageable bits.

  2. Communication skills.

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 pay-out 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 are for students in smaller groups and will be 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 & Dr Yiwei Li
ebsugcol@essex.ac.uk

 

Availability
Yes
Yes
No

External examiner

No external examiner information available for this module.
Resources
Available via Moodle
Of 548 hours, 36 (6.6%) hours available to students:
512 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

* Please note: due to differing publication schedules, items marked with an asterisk (*) base their information upon the previous academic year.

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