FM475      Half Unit
Financial Management (modular)

This information is for the 2017/18 session.

Teacher responsible

Prof Daniel Ferreira

Availability

This course is compulsory on the Executive Global MSc Management. This course is not available as an outside option.

The information in this course guide pertains to the 2017-2019 cohort.

Course content

The aim of the course is to provide a comprehensive overview of firms' financial decision making. The course is designed to provide an applied and practical approach to finance, enabling the students to address topical issues that modern corporations face.  In particular, the course builds on concepts in business strategy, valuation techniques, and capital structure theories, and applies those tools in a systematic and rigorous way to real-life financial management problems. After a brief introduction to financial management, the course focuses on corporate finance and business valuation. Topics such as mergers and acquisitions and initial public offerings will also be covered.

Teaching

Taught during module three - 10 interactive lectures of 3 hours each:

1. Introduction to financial management

2. Debt and equity

3. Capital structure – Case discussion

4. Tax shields – Case discussion

5. Capital markets and the pricing of risk

6. Initial public offerings

7. Valuation - Discounted Cash Flow techniques

8. Valuation – Practical aspects

9. Mergers and Acquisitions

10. Valuing companies – Case discussion

Formative coursework

Feedback on class participation.

Indicative reading

The recommended textbook for this course is Higgins, Analysis for Financial Management, 9th Edition and a pack of business case studies.

Assessment

Essay (20%, 1500 words), project (65%) and class participation (15%).

The essay is an assessed 1,500 word group essay.

The project is a take-home individual project.

Key facts

Department: Finance

Total students 2016/17: 42

Average class size 2016/17: Unavailable

Controlled access 2016/17: No

Value: Half Unit

Guidelines for interpreting course guide information

Personal development skills

  • Problem solving
  • Application of numeracy skills
  • Commercial awareness
  • Specialist skills