FI3004: FINANCE 3: CORPORATE FINANCE (2017-2018)

Last modified: 25 May 2018 11:16

Course Overview

This course introduces students to a number of areas of corporate finance including examining capital structure theory, project valuation models, the financing decisions of the firm, and corporate restructuring (including reorganisations and mergers and acquisitions). The main aim of the course is to equip students with good analytical skills in order to understand the implications of corporate financing decisions by understanding why companies behave the way they do with respect to financing choices and how this interacts with the real world financial markets, and to enable students to understand the theoretical underpinnings of corporate finance theory.

Course Details

Study Type	Undergraduate	Level	3
Session	First Sub Session	Credit Points	30 credits (15 ECTS credits)
Campus	None.	Sustained Study	No
Co-ordinators	Dr Laura McCann

Qualification Prerequisites

Either Programme Level 3 or Programme Level 4

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

Either Accountancy (AC) (Studied) or Finance (FI) (Studied)
One of AC2026 Business Finance (Passed) or AC2030 Business Finance (Passed) or FI2002 Business Finance (Passed) or FI2004 Finance 2: Business Finance (Passed) or FI2030 Business Finance (Passed)
Any Undergraduate Programme (Studied)

What other courses must be taken with this course?

None.

What courses cannot be taken with this course?

AC3047 Corporate Finance (Studied)
AC3050 Corporate Finance (Studied)
FI3001 Corporate Finance (Studied)

Are there a limited number of places available?

Course Description

Corporate Finance covers the following topics:

Portfolio theory
Capital Asset Pricing Model and cost of capital
Project valuation methods
Capital structure (Modigliani-Miller Irrelevance Theory)
Introduction to options (financial options, real options)
Bond markets
Financing decisions and market efficiency
Mergers and acquisitions
Risk Management

Contact Teaching Time

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

Teaching Breakdown

More Information about Week Numbers

Details, including assessments, may be subject to change until 31 August 2023 for 1st half-session courses and 22 December 2023 for 2nd half-session courses.

Summative Assessments

1st Attempt

One 2-hour examination (70%)
One in-course assessment with open and multiple choice questions (20%)
Thomson Reuters Eikon Certificate (10%)

Resit

One 2-hour written examination (100%)

Formative Assessment

This will take place via tutorial discussions.

Feedback

General feedback is given to the students in the oral form during each tutorial class through topic discussions and problem solving.

Feedback on the in-class assessment is given to the student in the oral form during one tutorial class. The solutions are as well provided at MyAberdeen.

Course Learning Outcomes