Module ASB-2712:
Corporate Finance
Module Facts
Run by Bangor Business School - (Changsha)
20.000 Credits or 10.000 ECTS Credits
Semester 1 & 2
Organiser: Ms Wendy Ashurst
Overall aims and purpose
NOTE: The 10-credit module ASB2203 Finance comprises the Semester 1 content of ASB-2202.
AIMS: To examine the concepts and principles underlying key financial decisions. To provide an introduction to corporate finance.
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; Estimating the cost of debt and equity; Weighted average cost of capital; Capital structure, and market imperfections; Dividend policy; Finance for Small and Medium-sized Entities (SMEs).
Assessment Criteria
threshold
D- to D+ (40-49%): No major omissions or inaccuracies in the deployment of information/skills. Some grasp of theoretical/conceptual/practical elements. Integration of theory/practice/information present intermittently in pursuit of the assessed work's objectives.
excellent
A- to A+ (70%+): Outstanding performance. The relevant information accurately deployed. Excellent grasp of theoretical/conceptual/practice elements. Good integration of theory/practice/information in pursuit of the assessed work's objectives. Strong evidence of the use of creative and reflective skills.
C- to C+
C- to C+ (50-59%): Much of the relevant information and skills mostly accurately deployed. Adequate grasp of theoretical/conceptual/practical elements. Fair integration of theory/practice/information in the pursuit of the assessed work's objectives. Some evidence of the use of creative and reflective skills.
good
B- to B+ (60-69%): Very good performance Most of the relevant information accurately deployed. Good grasp of theoretical/conceptual/practical elements. Good integration of theory/practice/information in pursuit of the assessed work's objectives. Evidence of the use of creative and reflective skills.
Learning outcomes
-
Understand the nature and implications of risk and return in corporate finance.
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Apply techniques for financial valuation and rules for capital investment.
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Analyse financial performance.
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Understand the portfolio concept in finance and the implications on corporate financing decisions.
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Understand the nature and implications of alternative long-term financing decisions.
Assessment Methods
| Type | Name | Description | Weight |
|---|---|---|---|
| Semester 1 Online Test | 15.00 | ||
| Semester 1 Formal Examination | 35.00 | ||
| Semester 2 Online Test | 15.00 | ||
| Semester 2 Formal Examination | 35.00 |
Teaching and Learning Strategy
| Hours | ||
|---|---|---|
| Private study | Private study will include time reviewing lecture materials and recommended reading, completing assignments, and revising for the exam. |
160 |
| Lecture | One 2-hour lecture per week. |
40 |
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
- Argument - Able to put forward, debate and justify an opinion or a course of action, with an individual or in a wider group setting
Courses including this module
Compulsory in courses:
- N405: BSc Accounting & Finance (Bangor College, China) year 2 (BSC/AFBC)
- N392: BSc Banking & Finance (Bangor College, China) year 2 (BSC/BFINBC)