Unit name | Advanced Corporate Finance |
---|---|
Unit code | ECONM2032 |
Credit points | 15 |
Level of study | M/7 |
Teaching block(s) |
Teaching Block 2 (weeks 13 - 24) |
Unit director | Dr. Korczak |
Open unit status | Not open |
Pre-requisites |
None |
Co-requisites |
None |
School/department | School of Accounting and Finance - Business School |
Faculty | Faculty of Social Sciences and Law |
This unit aims to build on students' prior knowledge of basic issues in corporate finance to treat some more advanced theoretical and empirical research in certain corporate finance topics. These topics will include models of firms' capital structure decisions based on agency problems and information asymmetry arguments, theory and empirical work surrounding Initial Public Offerings (IPOs), corporate governance mechanisms, and models of merger and takeover activity. The unit is designed to expose the students to the current academic research in the field. Emphasis is put on critical reading, interpretation of empirical tests in light of theories and understanding of econometric techniques in applied corporate finance research. Given its nature, the unit is suitable for students considering a career in practical corporate finance or further academic work in this area.
Having successfully completed this unit students should be able to:
Please include reference to any distance learning or any significant e-learning components, if appropriate
20 contact hours split between lectures and tutorials (typically 16 hours lectures, 4 hours tutorials)
The unit is assessed via a two-hour examination which tests all intended learning outcomes.
Formative assessment is undertaken through tutorials, where students receive verbal and written feedback on their work. In addition to comments on individual work, a 'model answer' is also provided where relevant.