Surrey University Stag

CORPORATE FINANCE - 2023/4

Module code: MANM199

Module Overview

This module further develops finance for students interested in corporate finance. The module is to demonstrate the link between those various decisions and areas. In particular, we will explore how the firm’s financing, investment, capital structure and payout policies interact with each other and how those decisions have implications for corporate bankruptcy and takeovers.

Module provider

Surrey Business School

Module Leader

MAVIS Christos (SBS)

Number of Credits: 15

ECTS Credits: 7.5

Framework: FHEQ Level 7

JACs code: N300

Module cap (Maximum number of students): N/A

Overall student workload

Independent Learning Hours: 117

Tutorial Hours: 22

Captured Content: 11

Module Availability

Semester 2

Prerequisites / Co-requisites

None

Module content

Indicative content includes, but not exhausted to:


  • Information Asymmetry, Corporate Governance and Agency Theory

  • Corporate capital structure

  • Corporate dividend policy

  • Mergers and acquisitions

  • Company Valuation


Assessment pattern

Assessment type Unit of assessment Weighting
Coursework GROUP REPORT 50
Oral exam or presentation GROUP PRESENTATION 20
Online Scheduled Summative Class Test ONLINE TEST (50 Mins) 30

Alternative Assessment

Individual Report instead of Group Report Individual Video Presentation instead of Group Presentation

Assessment Strategy

The module has a number of learning outcomes that are directly related to the topics delivered in various weeks. The assessments are designed to capture learning in all the topics and will be in two parts; the online test and the group assessment. Both types of assessments are designed to assess the student’s ability to comprehend, critically discuss the relevant theoretical concepts of modern corporate finance, and present their work.

Thus, the summative assessment for this module consists of:


  • Online test.

  • Group Report and Group Presentation.



 

Formative assessment and feedback

Live sessions provide a platform of frequent feedback in the topics covered, therefore, preparing students for their success in the assessments. Additionally, the module offers a platform for students to give and receive feedback via SurreyLearn. Finally, weekly feedback and consultations hours aim to provide additional feedback and assist students with their queries.

Module aims

  • Provide a rigorous grounding in the theory and practice.
  • Provide a thorough synthesis of the most important current research in corporate finance.
  • Place emphasis on the applications of the principles to long-term strategic decision making.

Learning outcomes

Attributes Developed
001 Underline the implications of corporate governance, asymmetric information, and phycological phenomena in the context of corporate finance. KCP
002 Assess the implications of payout policies. KC
003 Evaluate capital structure decisions and the implications on firm value. KC
005 Develop practical skills in presenting findings. PT
004 Critically appraise ‘hot' topics in corporate finance through the understanding of the theoretical background and the empirical evidence. KC

Attributes Developed

C - Cognitive/analytical

K - Subject knowledge

T - Transferable skills

P - Professional/Practical skills

Methods of Teaching / Learning

The teaching and learning strategy is designed to allow students to come to grips with the essential quantitative nature of the subject, and more importantly, to facilitate the application to practical problems.

The teaching and learning methods include formal lecture and tutorials, use of case studies and exercises to reinforce and test learning and the use of SurreyLearn to facilitate teaching, enhance the learning outcomes and direct students to the relevant reading in the set textbooks and in journal articles.

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: MANM199

Programmes this module appears in

Programme Semester Classification Qualifying conditions
International Corporate Finance MSc 2 Compulsory A weighted aggregate mark of 50% is required to pass the module
Accounting and Finance MSc 2 Optional A weighted aggregate mark of 50% is required to pass the module
Investment Management MSc 2 Optional A weighted aggregate mark of 50% is required to pass the module
Economics MA 2 Optional A weighted aggregate mark of 50% is required to pass the module
Economics and Finance MSc 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 2023/4 academic year.