| Unit name | Advanced Corporate Finance |
|---|---|
| Unit code | ECONM2032 |
| Credit points | 15 |
| Level of study | M/7 |
| Teaching block(s) |
Teaching Block 2 (weeks 13 - 24) |
| Unit director | Dr. Ordonez-Calafi |
| Open unit status | Not open |
| Units you must take before you take this one (pre-requisite units) |
None |
| Units you must take alongside this one (co-requisite units) |
None |
| Units you may not take alongside this one |
None |
| School/department | School of Accounting and Finance - Business School |
| Faculty | Faculty of Social Sciences and Law |
This unit aims to build on students' prior knowledge of basic issues in corporate finance to treat some more advanced theoretical and empirical research in certain corporate finance topics. These topics will include models of firms' capital structure decisions based on agency problems and information asymmetry arguments, theory and empirical work surrounding Initial Public Offerings (IPOs), corporate governance mechanisms, and models of merger and takeover activity. The unit is designed to expose the students to the current academic research in the field. Emphasis is put on critical reading, interpretation of empirical tests in light of theories and understanding of econometric techniques in applied corporate finance research. Given its nature, the unit is suitable for students considering a career in practical corporate finance or further academic work in this area.
Having successfully completed this unit students should be able to:
Teaching will be delivered through a combination of synchronous and asynchronous sessions including lectures, tutorials, drop-in sessions, discussion boards and other online learning opportunities
Summative:
This unit will be assessed by 100% exam (2 hours). This assessment will cover ILO 1, ILO 2, ILO 3, ILO 4, ILO 5, and ILO 6.
Any re-assessment required will be a like for like assessment.
Formative:
Four two-hour tutorials where students have the opportunity to discuss and receive feedback from both the lecturer and their peers on the solution of previously set exercises.
If this unit has a Resource List, you will normally find a link to it in the Blackboard area for the unit. Sometimes there will be a separate link for each weekly topic.
If you are unable to access a list through Blackboard, you can also find it via the Resource Lists homepage. Search for the list by the unit name or code (e.g. ECONM2032).
How much time the unit requires
Each credit equates to 10 hours of total student input. For example a 20 credit unit will take you 200 hours
of study to complete. Your total learning time is made up of contact time, directed learning tasks,
independent learning and assessment activity.
See the University Workload statement relating to this unit for more information.
Assessment
The Board of Examiners will consider all cases where students have failed or not completed the assessments required for credit.
The Board considers each student's outcomes across all the units which contribute to each year's programme of study. For appropriate assessments, if you have self-certificated your absence, you will normally be required to complete it the next time it runs (for assessments at the end of TB1 and TB2 this is usually in the next re-assessment period).
The Board of Examiners will take into account any exceptional circumstances and operates
within the Regulations and Code of Practice for Taught Programmes.
