Programme/Approved Electives for 2024/25
None
Available as a Free Standing Elective
No
Aims
This module introduces students to the modern firm. Students will explore ways of assessing and valuing firms. They will also explore the relationship between equity and debt and how this constitutes to the foundation of the modern firm.
Intended Learning Outcomes
critically assess the need for corporate governance in the modern economy: 1,2undertake complex financial analysis of projects using capital budget techniques: 1,2critically assess modern capital structure theory and its relevance to the structure of the modern firm and how it impacts the returns achieved by investing in firms: 1,2demonstrate a conceptual understanding of the Modigliani and Miller hypothesis on the irrelevance of dividend policy: 1,2demonstrate a critical awareness of the market fundamentals that drive mergers and acquisition: 1,2demonstrate a critical awareness of behavioural finance as an investment: 1,2
20 hours of lectures4 hours of tutorials126 hours of independent study
Description of Module Assessment