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FI4006: ADVANCED CORPORATE FINANCE (2026-2027)

Last modified: 20 May 2026 16:16


Course Overview

This course aims to build upon the level 3 Corporate Finance courses to develop an advanced understanding of the ideas necessary to analyse the firm’s financing decisions. The class is based mainly on academic research articles that have influenced and directed current understanding in corporate financial and investment theory and policy.

Course Details

Study Type Undergraduate Level 4
Term First Term Credit Points 15 credits (7.5 ECTS credits)
Campus Aberdeen Sustained Study No
Co-ordinators
  • Dr Laura McCann

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

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

This course builds on the knowledge and understanding gained in the year 3 corporate finance courses. This course is mainly on academic research articles that have influenced and directed current understanding in corporate financial and investment theory and policy. A main objective of the course is to provide students the confidence to read research papers and to develop in the students a constructively critical mindset by exposing them to a mix of academic literature.
Topics covered will represent current advances in corporate finance and as such will be updated to reflect contemporary issues and academic thought.

Topic areas may include but may not be limited to:
• capital structure
• security issuance
• payout policy
• Ownership structure
• corporate restructuring
• corporate governance


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 2025 for 1st Term courses and 19 December 2025 for 2nd Term courses.

Summative Assessments

Essay

Assessment Type Summative Weighting 50
Assessment Weeks 18 Feedback Weeks 26

Look up Week Numbers

Feedback

Essay (Critical Review) - 2,000 words. Individual feedback will be provided alongside generic class based feedback within the lecture.

Word Count 2000
Learning Outcomes
Knowledge LevelThinking SkillOutcome
ConceptualEvaluateIdentify and evaluate the current topical issues in corporate financing behaviour
ConceptualEvaluateIdentify, understand, develop and critique arguments
ConceptualEvaluateThe confidence to read and critically appraise advanced research papers
ConceptualUnderstandRecognise the limitations of formal models in corporate finance theory, including an awareness of methodological approaches and data collection and analysis
ConceptualUnderstandThe ability to understand and convey complex issues within corporate financial policy in a manner that is suitable to a financially trained and non-financially trained audience
FactualApplyPresent information on corporate financing issues in a concise and informative manner

Essay

Assessment Type Summative Weighting 50
Assessment Weeks 13 Feedback Weeks 15

Look up Week Numbers

Feedback

Essay (Critical Review) - 2,000 words. Individual feedback will be provided alongside generic class based feedback within the lecture.

Word Count 2000
Learning Outcomes
Knowledge LevelThinking SkillOutcome
ConceptualEvaluateIdentify, understand, develop and critique arguments
ConceptualEvaluateThe confidence to read and critically appraise advanced research papers
ConceptualEvaluateIdentify and evaluate the current topical issues in corporate financing behaviour
ConceptualUnderstandThe ability to understand and convey complex issues within corporate financial policy in a manner that is suitable to a financially trained and non-financially trained audience
ConceptualUnderstandRecognise the limitations of formal models in corporate finance theory, including an awareness of methodological approaches and data collection and analysis
FactualApplyPresent information on corporate financing issues in a concise and informative manner

Formative Assessment

There are no assessments for this course.

Resit Assessments

Essay

Assessment Type Summative Weighting 100
Assessment Weeks 50,51 Feedback Weeks

Look up Week Numbers

Feedback

Essay (Critical Review) - 2,00 words. Individual feedback will be provided.

Word Count 2000
Learning Outcomes
Knowledge LevelThinking SkillOutcome
Sorry, we don't have this information available just now. Please check the course guide on MyAberdeen or with the Course Coordinator

Course Learning Outcomes

Knowledge LevelThinking SkillOutcome
ConceptualUnderstandThe ability to understand and convey complex issues within corporate financial policy in a manner that is suitable to a financially trained and non-financially trained audience
ConceptualUnderstandRecognise the limitations of formal models in corporate finance theory, including an awareness of methodological approaches and data collection and analysis
ConceptualEvaluateIdentify and evaluate the current topical issues in corporate financing behaviour
ConceptualEvaluateIdentify, understand, develop and critique arguments
FactualApplyPresent information on corporate financing issues in a concise and informative manner
ConceptualEvaluateThe confidence to read and critically appraise advanced research papers

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