FINANCIAL STRATEGY - 2020/1
Module code: MANM063
Module Overview
The rationale for this module is to provide a substantial course in a synthetic form of Corporate Finance, financial resources management, risk management, and financial markets at a level appropriate to MBA and also to serve as a springboard to advanced specialist finance studies.
Module provider
Surrey Business School
Module Leader
VESSEY Jane (SBS)
Number of Credits: 15
ECTS Credits: 7.5
Framework: FHEQ Level 7
Module cap (Maximum number of students): N/A
Overall student workload
Independent Learning Hours: 116
Lecture Hours: 34
Module Availability
Semester 2
Prerequisites / Co-requisites
None
Module content
Indicative content includes:
- Further issues in Capital Budgeting
- Financial Derivatives and Corporate Finance
- Capital structure and the cost of capital
- Dividend policy
- Financial Strategies in mergers and acquisitions and business re-organisations
- Portfolio theory and the capital asset pricing model
Assessment pattern
| Assessment type | Unit of assessment | Weighting |
|---|---|---|
| Coursework | INDIVIDUAL ASSIGNMENT (1000 WORDS) | 30 |
| Coursework | INDIVIDUAL ASSIGNMENT (1000 WORDS) | 30 |
| Coursework | INDIVIDUAL ASSIGNMENT (1000 WORDS) | 40 |
Alternative Assessment
N/A
Assessment Strategy
The assessment methods include three assignments of 1,000 words coursework assignment with 2 worth 30% and the summative assessment worth 40%
It is anticipated that these assignments will demonstrate the development of analytical abilities, using concepts derived from the financial strategy syllabus, directed towards business problem-solving in an international environment.
The summative assignment is due by the second Monday (FT) and the fourth Monday after completion of the module (PT). The Formative ssessments will be due by the second (FT and fourth (PT) Monday after the fifth and eighth (FT) & ninth (PT) sessions.
Formative assessment and feedback
The teaching staff are available during office hours and are happy to give individual feedback on the lectures and course materials during those hours. The feedback process will incorporate not just the grades but further reading and advice to facilitate learning additionally Periodic review question/short formative test sessions will be held through the lecture series.
Module aims
- This module aims to provide participants with both theoretical and practical understanding of how financial strategy can be formulated. It develops in depth understanding of corporate finance theories, and practical awareness of how these theories are applied to real business world. It further provides comprehensive knowledge of how businesses and corporations utilise financial resources and financial markets in a variety of situations, including start-up ventures, establishing corporations, corporate re-structuring in order to achieve the ultimate goal of maximising the value of their enterprise. It also introduces theories and practices of financial risk management.
Learning outcomes
| Attributes Developed | ||
| 001 | Recognise the differences between corporate strategy and value creation. | K |
| 002 | Use advanced valuation skills and metrics in capital budgeting. | K |
| 003 | Show a comprehensive knowledge and understanding of the key corporate finance theories, including valuation theory, capital markets and portfolio management, capital asset pricing, corporate financing, corporate re-structuring and risk management. | K |
| 004 | Analytical skills. | C |
| 005 | Ability to balance the relative advantages of alternative financial strategies | C |
| 006 | Use of argument and evidence. | C |
| 007 | Critically think both theoretically and strategically about business and be able to apply financial theories to develop financial strategy for business | C |
| 008 | Students will acquire confidence in realising how they can identify financial problems and readily apply techniques taught in class to real life cases. | P |
| 009 | Awareness of the importance of strategic financial decisions on the performance of a company. | P |
| 010 | Critically evaluate financial strategy and risk management in the business and be able to make appropriate decisions | P |
| 011 | Report writing and presentational skills. | T |
| 012 | Working effectively in teams. | T |
| 013 | Improved decision making in an international business environment | T |
| 014 | Present findings to the client in an effective and engaging manner | T |
| 015 | Problem diagnosis and analysis | T |
Attributes Developed
C - Cognitive/analytical
K - Subject knowledge
T - Transferable skills
P - Professional/Practical skills
Methods of Teaching / Learning
The learning and teaching strategy is designed to:
To incorporate a variety of learning methodologies to enable participation from a range of individual learning styles.
The learning and teaching methods include:
SurreyLearn
SurreyLearn is used to support and facilitate the student experience and includes activities that allow students to test their knowledge and understanding of the theories and concepts applied in the financial management context.
Lectures/seminars/workshops/ Simulations/Cases Studies
Lectures are used to introduce, compare, contrast and contextualise theories and concepts. Their primary aim is to improve student understanding and knowledge. Students acquire their professional and practical skills and intellectual and cognitive skills through a menu of delivery modes. 2 hours weekly x 11 weeks
Seminars and workshops are used to apply theories and concepts to case studies and scenarios and students are encouraged to develop contextually relative thinking and a deeper appreciation of the subject matter. Students are actively encouraged to work in teams and to present their findings to other students at regular intervals. 1 hour weekly x 11 weeks
Simulations are used to help introduce real life scenarios and raise awareness of the importance of financial management decisions on the performance of a company these are coupled with the use of case studies and input from current practitioners.
Indicated Lecture Hours (which may also include seminars, tutorials, workshops and other contact time) are approximate and may include in-class tests where one or more of these are an assessment on the module. In-class tests are scheduled/organised separately to taught content and will be published on to student personal timetables, where they apply to taken modules, as soon as they are finalised by central administration. This will usually be after the initial publication of the teaching timetable for the relevant semester.
Reading list
https://readinglists.surrey.ac.uk
Upon accessing the reading list, please search for the module using the module code: MANM063
Programmes this module appears in
| Programme | Semester | Classification | Qualifying conditions |
|---|---|---|---|
| Master of Business Administration MBA(MBA PART-TIME YEAR 2) | 2 | Optional | A weighted aggregate mark of 50% is required to pass the module |
Please note that the information detailed within this record is accurate at the time of publishing and may be subject to change. This record contains information for the most up to date version of the programme / module for the 2020/1 academic year.