RGU: RGU Module: Corporate Financial Management (BSM007)

Module Title
Corporate Financial Management

Keywords
Risk Profiling, Cost of Capital, Capital Structure, Firm Value Models, Capital Investments, Dividend Policy, Corporate Bonds, Risk Management

Reference

BSM007

SCQF Level

SCQF 11

SCQF Points

ECTS Points

7.5

Created

May 2002

Approved

November 2006

Amended

July 2010

Revision No.

Prerequisites for Module

None in addition to course entry requirement.

Corequisite Modules

None.

Precluded Modules

None.

Aims of Module

To provide students with both the theoretical underpinning and the analytical skills required to effectively evaluate corporate financial management decisions.

Learning Outcomes for Module

On completion of this module, students are expected to be able to:

1.	Undertake a comprehensive risk profile of a company.
2.	Estimate firm's weighted average cost of capital and to evaluate its capital structure.
3.	Understand the main drivers behind firm value.
4.	Critically evaluate firm's capital investment decisions.
5.	Critically assess the theoretical and practical aspects of firm's dividend policy.

Indicative Module Content

Firm's Risk profiling, Estimation of firm's weighted average cost of capital, Optimal capital structure, Firm Value Models, Shareholder value analysis, Firm's payout policy, The theory and practice of capital investments, Corporate bonds, Risk Management, Corporate restructuring, Sustainable growth frameworks.

Indicative Student Workload

Contact Hours	Full Time	Part Time
Assessment	36	36
Lectures/Tutorials	36	36
Online Activities	0	0
Directed Study
Directed Study	36	36
Private Study
Private Study	42	42

Mode of Delivery

This module is delivered through a mix of interactive teaching sessions including lectures, tutorials, case studies and group work.

Assessment Plan

	Learning Outcomes Assessed
Component 1	1,2,3,4,5
Component 2	1,2,3,4,5

Component 1 is examination.

Component 2 is a coursework assignment.

Indicative Bibliography

1.	ARNOLD, G., 2008. Corporate financial management. 4th ed. Harlow: FT Prentice Hall.
2.	BREALEY, R.A., MYERS, S.C. and ALLEN, F., 2011. Principles of corporate finance. 10th ed. New York: McGraw-Hill.
3.	DAMODARAN,A., 2011. Applied corporate finance. 3rd ed. Hoboken: John Wiley & Sons.
4.	PIKE, R. and NEALE, B., Corporate Finance: Decisions and Strategies 6th edition, ebook
5.	LUMBY, S. and JONES, C., Corporate Finance: Theory and Practice 8th edition ebook