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BU5074: CORPORATE FINANCE AND ACCOUNTING FOR ENERGY (2021-2022)

Last modified: 16 Aug 2021 13:50


Course Overview

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)

Course Details

Study Type Postgraduate Level 5
Session First Sub Session Credit Points 15 credits (7.5 ECTS credits)
Campus Aberdeen Sustained Study No
Co-ordinators
  • Dr Nikolaos Vlassis

What courses & programmes must have been taken before this course?

  • Any Postgraduate Programme (Studied)

What other courses must be taken with this course?

None.

What courses cannot be taken with this course?

None.

Are there a limited number of places available?

No

Course Description

1. Course Introduction

  1. Portfolio Theory
  2. Introduction to the Capital Asset Pricing Model (CAPM)

2. The Capital Asset Pricing Model and Discounted Cash Flow Analysis

  1. Introduction to Discounted Cash Flow Analysis
  2. Investment Appraisal
  3. Recognising Cash Flows in Investment Appraisal
  4. Taxes and Capital Budgeting

3. Real Options

  1. Introduction to Real Options in Corporate Investment
  2. Option Valuation Methods

In light of Covid-19 this information is indicative and may be subject to change.

Contact Teaching Time

Information on contact teaching time is available from the course guide.

Teaching Breakdown

  • 1 Lecture during University weeks 9 - 18
  • 1 Seminar during University weeks 12, 14, 16, 18
  • 1 Tutorial during University weeks 11, 13
  • 1 Workshop during University weeks 14, 16, 18

More Information about Week Numbers


Summative Assessments

Alternative Assessment

(30% each) 2x MCQ Tests

(40%) 1000-word briefing note and Excel investment appraisal

Alternative Resit Assessment

Resit: 1,500 word essay (100%)

Formative Assessment

There are no assessments for this course.

Course Learning Outcomes

Knowledge LevelThinking SkillOutcome
FactualUnderstandDemonstrate knowledge and understanding of the nature and purpose of the three major financial statements including accounting conventions that underpin these statements
ConceptualApplyCritically evaluate the uses and limitations of the financial statements in relation to decision making
ConceptualUnderstandExplain the role of financial managers and accountants and be able to identify the qualities that make accounting information useful for the energy industry. 

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