FINANCE FOR BUSINESS 3 - 2021/2
Module code: MAN3172
Module Overview
Regardless of your role in a company, a good understanding of how corporate financial decisions impact on the value of the company is very essential. The Finance for Business 3 module focuses on the impact of financial choices on the value of the company and addresses some special topics in corporate finance. These include leasing, and an introduction to derivatives and their applications in corporate finance and financial risk management.
Module provider
Surrey Business School
Module Leader
GOLSON Eric (Economics)
Number of Credits: 15
ECTS Credits: 7.5
Framework: FHEQ Level 6
Module cap (Maximum number of students): N/A
Overall student workload
Independent Learning Hours: 120
Seminar Hours: 20
Captured Content: 10
Module Availability
Semester 2
Prerequisites / Co-requisites
MAN3171 - Finance for Business 2
Module content
Capital Market Efficiency (EMH) and Investor Behaviour
Distributions to Shareholders: Dividends and Share repurchases
Financial Leverage and Capital Structure Decisions
International Corporate Finance.
Mergers & Acquisitions
Assessment pattern
Assessment type | Unit of assessment | Weighting |
---|---|---|
Online Scheduled Summative Class Test | ONLINE TEST | 30 |
Examination Online | ONLINE EXAM | 70 |
Alternative Assessment
N/A
Assessment Strategy
The assessment strategy is designed to provide students with the opportunity to demonstrate their understanding of both the theoretical concepts and their practical application. Thus, the mid-term test is based mostly on the theoretical concepts and some application of them in practical situation while the final exam assesses both theoretical and practical understanding of topics covered by requiring students to answer for each question a section based on theory and one section on the application of theory to a practical example.
The summative assessment for this module consists of:
A 50 minutes class-test (30%) during teaching.
A two hour closed-book final exam (70%) during the examination period
Formative feedback will be given on a continues manner during the course of the module.
Formative and summative feedback for the mid-term test will be given in the week following the test. This will enable the students to assesses their learning at that stage and to further prepare for their final exam.
Module aims
- The module aims to develop a deep understanding of the ideas necessary to analyse the firm's financing decisions with regards to capital structure and payout policy. The module also introduces financial options and its applications corporate finance and risk management.
Learning outcomes
Attributes Developed | ||
001 | Demonstrate appropriate knowledge and understanding of the validity and limitations of the efficient market hypothesis and its practical implications for investors and corporate financial managers | CK |
002 | Evaluate and analyse the different methods of returning cash to shareholders. | CKP |
003 | Evaluate and analyse corporate capital structure decisions and their impact on shareholder value with reference to trade-off theories, information asymmetry, and agency theory | CKP |
004 | Have an understanding of financial derivatives and their applications to corporate finance and financial risk management | CKP |
005 | Develop an understanding of the impact of exchanges rates on investing or doing business abroad | CKP |
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 give students the opportunity to gain knowledge and understanding of the relevant theory and business practices and problems pertinent to the topics covered in the module.
The learning and teaching methods include:
A 2-hour lecture will be held each week for 11 weeks and this time will be used to introduce the lecture material as well as some class discussions.
A one hour tutorial will be held each week for 11 weeks for detailed class discussions on exercises and case studies.
Lecture material will be supported by directed reading in selected textbooks and relevant journal articles.
Utilizing SurreyLearn as the main pool of resources including lecture handouts, tutorial problems, mock exercises, and discussions.
In addition, the lecturer will be available for individual queries during weekly office hours.
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.
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: MAN3172
Other information
N/A
Programmes this module appears in
Programme | Semester | Classification | Qualifying conditions |
---|---|---|---|
Business Management BSc (Hons) | 2 | Optional | A weighted aggregate mark of 40% is required to pass the module |
Business Management (Dual degree with SII-DUFE) BSc (Hons) | 2 | Optional | A weighted aggregate mark of 40% is required to pass the module |
International Business Management BSc (Hons) | 2 | Optional | A weighted aggregate mark of 40% 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 2021/2 academic year.