Last modified: 22 May 2019 17:07
This course ensure students understand why companies behave the way they do with respect to financing choices and how this interacts with financial markets, with particular reference to the petroleum and energy industries. The course covers Investment Appraisal Techniques Employed in Petroleum Industry, Risk Analysis, Portfolio Theory and the Capital Asset Pricing Model (CAPM)
|Session||First Sub Session||Credit Points||7.5 credits (3.75 ECTS credits)|
1. Course Introduction
a. Portfolio Theory
b. Introduction to the Capital Asset Pricing Model (CAPM)
2. The Capital Asset Pricing Model and Discounted Cash Flow Analysis
a. Introduction to Discounted Cash Flow Analysis
b. Investment Appraisal
c. Recognising Cash Flows in Investment Appraisal
d. Taxes and Capital Budgeting
3. Real Options a. Introduction to Real Options in Corporate Investment b. Option Valuation Methods
Information on contact teaching time is available from the course guide.
1 two hour written examination (80%); continuous assessment (20%). Resit: 1 two hour written examination (100%), capped at CAS 9.
There are no assessments for this course.