FINANCE FOR BUSINESS 3 - 2024/5
Module code: MAN3172
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.
Surrey Business School
DIAS Fabio (SBS)
Number of Credits: 15
ECTS Credits: 7.5
Framework: FHEQ Level 6
JACs code: N100
Module cap (Maximum number of students): N/A
Overall student workload
Independent Learning Hours: 110
Lecture Hours: 10
Seminar Hours: 10
Guided Learning: 10
Captured Content: 10
Prerequisites / Co-requisites
MAN3171 - Finance for Business 2
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 type||Unit of assessment||Weighting|
|Online Scheduled Summative Class Test||CLASS TEST (50 mins)||30|
|Examination Online||EXAM (4 hours)||70|
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 four 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.
- The module aims to develop an advanced understanding of the ideas necessary to analyse the firm's financing decisions with regards to capital structure and payout policy, following on concepts introduced in Finance for Business 2. The module also introduces financial options and its applications corporate finance and risk management.
|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|
C - Cognitive/analytical
K - Subject knowledge
T - Transferable skills
P - Professional/Practical skills
Methods of Teaching / Learning
The learning and teaching strategy is based on a hybrid teaching model, incorporating elements of both live and on-demand learning.
On-demand learning is designed for students to explore the topics in their own time and includes a range of guided learning activities. Guided learning activities may include pre-recorded videos, practice questions & solutions, quizzes, discussion forum and links to further reading.
Live learning allows students to explore and engage in discussions on the topics, including current developments in the financial markets, and also to practise more complex questions and receive answers and feedback to queries from their tutor.
This learning and teaching strategy provides students with the opportunity to acquire knowledge and to understand the relevant theory in the context of current developments in the financial markets and develop effective solutions for decision making in the context of case study scenarios.
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.
Upon accessing the reading list, please search for the module using the module code: MAN3172
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 2024/5 academic year.