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
MAVROVITIS Christos (SBS)
Number of Credits: 15
ECTS Credits: 7.5
Framework: FHEQ Level 7
Module cap (Maximum number of students): N/A
Overall student workload
Workshop Hours: 20
Independent Learning Hours: 100
Lecture Hours: 10
Guided Learning: 10
Captured Content: 10
Module Availability
Semester 2
Prerequisites / Co-requisites
None
Module content
Indicative content includes, but not exhausted to:
- Corporate Governance
- 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 assessment strategy is designed to provide students with the opportunity to demonstrate:
learning in all the topics and will be in three parts; the online test, the group report, and group presentation. The 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:
- Group Report.
- Group Presentation.
- Online Test.
Formative assessment
Frequent online quizzes provide students with the opportunity to assess their understanding in the various topics covered. In addition, the structure of the seminars allows students to practice their presentation and communication skills on a frequent basis.
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
- The theory behind major corporate finance decisions and their practical application
- The most important current research in corporate finance.
- The applications of the principles to long-term strategic decision making
Learning outcomes
Attributes Developed | ||
001 | Identify 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, evaluate, and integrate, where possible, key characteristics of 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. | KCPT |
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:
- Enable students to develop the knowledge, skills, and critical thinking to be able to engage with corporate finance-related issues in different contexts, through using their experience in the group interactions and the case study discussions in tutorials.
- Engage students with different learning backgrounds and maximise their learning by drawing on their own experiences and contributions to group discussions.
- Develop students’ cultural awareness, digital literacy, confidence and competence in working with others, leadership, communication skills, employability, and professionalism.
The teaching and learning methods include lectures, tutorials, independent learning, and self-reflection. Specifically, the lectures intend to introduce theories with support materials and reinforcement covering the topics in the above. In tutorials, students will undertake interactive exercises such as group discussions and presentations in order to demonstrate the application of theory, team-working, professionalism, confidence, and communication skills. It is expected that students will conduct wide readings, work with peers on the development of the group presentation, individual research, and reflective review in their independent learning. Formative feedback will be provided to students during these interactive sessions.
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
Other information
Employability: The module provides a variety of tasks and authentic assessments that mimic professional life. Key to this, students develop the ability to critically evaluate the problem at hand, interact with their group members, and present their findings. As a result, students develop and enhance the interpersonal and professional skills.
Global and Cultural Capabilities: The module is taught in an interactive and collaborative way, in a cohort that commonly represents a wealth of nationalities and backgrounds. Students are encouraged to engage with, and learn from, diverse perspectives through interaction and teamwork. Students will develop their ability to work in groups effectively with other students from diverse backgrounds to broaden their world view, own perspectives and interpretations and reinterpreting issues against a broader spectrum of ideas and representations.
Digital Capabilities: Throughout the module students learn to navigate and utilise the Virtual Learning Environment @ Surrey (SurreyLearn) and other digital resources and online databases to aid their learning and undertake research. Students are encouraged to use current media such as Whatsapp, Teams, Zoom, and utilising cloud/file sharing for communication and team working. Students will develop proficiency in these aspects of digital engagement.
Resourcefulness & Resilience (R&R): Students will develop attributes such as confidence, adaptability, self-regulation, self-efficacy, problem solving and decision-making abilities, through interacting in their groups, engaging with their group members, and presenting their findings in front of audience. The effectiveness of the R&R will be inherent in assessment design.
Programmes this module appears in
Programme | Semester | Classification | Qualifying conditions |
---|---|---|---|
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 and Finance 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 |
International Corporate Finance MSc | 2 | Compulsory | 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.