Module manager: John Smith
Email: j.e.smith@lubs.leeds.ac.uk
Taught: Semesters 1 & 2 (Sep to Jun) View Timetable
Year running 2017/18
LUBS1035 Foundations of Finance Or LUBS1235 Introductory Financial Accounting AND LUBS1245 Introductory Management Accounting Or MATH1510 Financial Mathematics 1
| LUBS1035 | Foundations of Finance |
| LUBS1235 | Introductory Financial Accounting |
| LUBS1245 | Introductory Management Accounting |
| MATH1510 | Financial Mathematics 1 |
| LUBS2035 | Finance for Small Business |
| LUBS2200 | Business Finance 2 |
LUBS2200 Business Finance 2
This module is approved as a discovery module
Corporate Finance is an intermediate level module and is intended to provide a critical appreciation of the fundamental theories and concepts in corporate finance as a pre-requisite for further study of the more specialist aspects of finance and the financial markets covered in the advanced finance modules in level 3. The module relates theory to current corporate business practice and requires you to be able to confidently use, interpret and manipulate financial formulas and numerical data. Pre-requisite modules are LUBS1035 Foundations of Finance or LUBS1235 Introductory Financial Accounting AND LUBS1245 Introductory Management Accounting.
The module aims to provide students with knowledge of the fundamental concepts of corporate finance and the key underpinning theoretical principles and also the skills to apply that knowledge to explore current knowledge boundaries in corporate finance. It further aims to enable students to develop a practical understanding of the use of financial theory in business and the financial markets.
Upon completion of the module students will be able to:
- Critically appraise the key theoretical concepts underpinning corporate debt and investment risk appraisal and apply these to evaluate investment opportunities
- Research and critically evaluate contemporary theories and the empirical research evidence base on corporate dividend policy and outline the current knowledge boundaries in this area
- Recognise and explain the significance of some of the alternative religious perspectives on the concept of interest and outline Islamic finance in practice
Upon completion of the module students will be able to:
Transferable
- Independently extract, synthesise and communicate complex and conflicting information
- Acknowledge and reference appropriate research sources
Subject Specific
- Competently apply current theory and appropriate analytical tools to solve more advanced financial problems
- Extract relevant information from structured and unstructured scenarios and data and apply this to the solution of more advanced financial problems
- Apply core mathematical and statistical skills to address a range of financial problems
Indicative content
The syllabus provides coverage of some of the fundamental current concepts and theories underpinning current corporate finance and indicative content includes: corporate governance, corporate capital structure and the practicalities of debt and equity financing, advantages and limits on the use of corporate debt, financial distress, risk and capital budgeting, dividend policy, leasing, more advanced aspects of the Capital Asset Pricing Model, the Efficient Market Hypothesis, an introduction to behavioural finance, mergers and acquisitions, an introduction to international corporate finance, and ethics in finance. The compulsory essay question in the exam provides an opportunity to evaluate the current theoretical explanations of corporate dividend payout policy against actual business practice.
| Delivery type | Number | Length hours | Student hours |
|---|---|---|---|
| Lecture | 22 | 1.5 | 33 |
| Seminar | 10 | 1 | 10 |
| Independent online learning hours | 20 | ||
| Private study hours | 137 | ||
| Total Contact hours | 43 | ||
| Total hours (100hr per 10 credits) | 200 | ||
Students are required to undertake specified pre-reading and question preparation in advance of the classes based on the material introduced in the lectures. This includes some online pre-reading and formative questions. Students are also required to conduct substantial independent research on an area of current academic debate.
- Students will be able to monitor their progress through fortnightly seminars. Model answers and answers and marking schemes for workshop and past examination papers against which students can assess their own performance;
- Formative feedback is provided at the end of each semester in the form of a thirty minute closed book MCQ class test. The results of the class test do not contribute to the final mark but provide the student with a benchmark for their understanding of the material covered. Solutions for the class tests will be provided after the test to allow students to assess their performance.
| Exam type | Exam duration | % of formal assessment |
|---|---|---|
| Standard exam (closed essays, MCQs etc) | 3.0 Hrs 0 Mins | 100 |
| Total percentage (Assessment Exams) | 100 | |
Resit will be 100% by exam.
The reading list is available from the Library website
Last updated: 12/4/2017
Errors, omissions, failed links etc should be notified to the Catalogue Team