Module BIC-0033:
Finance & Investment Banking

Module Facts

Run by Bangor University International College

20.000 Credits or 10.000 ECTS Credits

Semester 1 & 2

Organiser:

Overall aims and purpose

The main aim of this module is to provide students with an introduction to corporate finance. They will examine the concepts and principles underlying key financial decisions.

The module further offers insights into the nature of the financial instruments, financial markets and financial intermediaries, with particular focus on the banking business.

Course content

• Present value and the opportunity cost of capital; • Net present value and alternative methods of investment appraisal; • Project analysis; • Financial planning, and analysing financial performance; • Investment risk and return, and portfolio theory; • The Capital Asset Pricing Model; • Short-term and long-term financing; • Capital structure, and market imperfections; • Weighted average cost of capital; • Dividend policy; • Financial and real options; • Main types of financial instruments, financial markets and financial intermediaries • Unique characteristics of banks and recent developments in the banking sector • Theory of central banking; monetary policy; supervision and lender of last resort

Assessment Criteria

excellent

Student has engaged consistently with all the topics of the module and so demonstrated a high level of suitability for the next phase of the master’s programme

threshold

Student has performed sufficiently well in demonstrating a basic knowledge and understanding of a number of topics studied to have achieved the lowest level of pass grades.

good

Student has scored well in many of the topics studied and achieved the progression grade, and so demonstrated a clear suitability for the next phase of the master’s programme

Learning outcomes

    1. Demonstrate an understanding of the portfolio concept in finance
    1. Develop a sound understanding of the banking business and of the role of a central bank
    1. Demonstrate an understanding of the nature of risk and return in the context of financial decision-making
    1. Explain the role of financial markets and financial intermediaries
    1. Apply techniques for financial valuation and rules for capital investment
    1. Analyse financial performance

Assessment Methods

Type Name Description Weight
presentation 20.00
case study/report 30.00
final exam 50.00

Teaching and Learning Strategy

Hours
Private study 80
Practical classes and workshops 120

Transferable skills

  • Literacy - Proficiency in reading and writing through a variety of media
  • Numeracy - Proficiency in using numbers at appropriate levels of accuracy
  • Information retrieval - Able to access different and multiple sources of information
  • Presentation - Able to clearly present information and explanations to an audience. Through the written or oral mode of communication accurately and concisely.

Subject specific skills

  • Demonstrate numeracy skills required as a basis for further studies in Economics, Financial Accounting and Management
  • Demonstrate an understanding and ability to analyse economic issues on a local and international scale

Resources

Resource implications for students

Students will be required to purchase a text book

Reading list

Brearley, R.A., Myers, S.C. and Allen, F. (2014). Principles of Corporate Finance, 11th ed. McGraw-Hill.

Pilbeam, K. (2010). Finance and Financial Markets, 3rd ed. Palgrave Macmillan.

Casu, B., Girardone, C. and Molyneux, P. (2015). Introduction to Banking, 2nd ed. Pearson.

Courses including this module

Compulsory in courses:

Optional in courses: