Unit name | Fundamentals of Corporate Finance |
---|---|
Unit code | EFIMM0029 |
Credit points | 15 |
Level of study | M/7 |
Teaching block(s) |
Teaching Block 1 (weeks 1 - 12) |
Unit director | Dr. Xu |
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 |
The unit introduces fundamental concepts in corporate finance. Topics covered include methods of investment project appraisal and factors shaping capital structure and dividend policies. The students are exposed to Modigliani-Miller irrelevance propositions and then study the impact of taxation and distress on financing choices.
Having successfully completed this unit students should be able to;
Discuss and critically evaluate how those core theories hold up in practice.
Teaching will be delivered through a combination of synchronous and asynchronous sessions including lectures, tutorials, drop-in sessions, discussion boards and other online learning opportunities
This unit will be assessed by 100% exam
Hillier, D., Grinblatt, M., and Titman, S. (2012), Financial Markets and Corporate Strategy, Second European Edition, McGraw-Hill.
Brealey, R. A., Myers, S. C., & Allen, F. (2014). Principles of Corporate Finance. Eleventh Global Edition, McGraw-Hill/Irwin.
Berk, J. and DeMarzo, P. (2014). Corporate Finance. Fourth Global Edition, Pearson.