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BU5074: CORPORATE FINANCE AND ACCOUNTING FOR ENERGY (2020-2021)

Last modified: 05 Aug 2021 13:04


Course Overview

This course ensure students understand why companies behave the way they do with respect to financing choices and how this interacts with financial markets, with particular reference to the petroleum and energy industries.  The course covers Investment Appraisal Techniques Employed in Petroleum Industry, Risk Analysis, Portfolio Theory and the Capital Asset Pricing Model (CAPM)

Course Details

Study Type Postgraduate Level 5
Term First Term Credit Points 15 credits (7.5 ECTS credits)
Campus Aberdeen Sustained Study No
Co-ordinators
  • Dr Nikolaos Vlassis

What courses & programmes must have been taken before this course?

  • Any Postgraduate Programme (Studied)

What other courses must be taken with this course?

None.

What courses cannot be taken with this course?

None.

Are there a limited number of places available?

No

Course Description

1. Course Introduction

  1. Portfolio Theory
  2. Introduction to the Capital Asset Pricing Model (CAPM)

2. The Capital Asset Pricing Model and Discounted Cash Flow Analysis

  1. Introduction to Discounted Cash Flow Analysis
  2. Investment Appraisal
  3. Recognising Cash Flows in Investment Appraisal
  4. Taxes and Capital Budgeting

3. Real Options

  1. Introduction to Real Options in Corporate Investment
  2. Option Valuation Methods

Contact Teaching Time

Information on contact teaching time is available from the course guide.

Teaching Breakdown

More Information about Week Numbers


Details, including assessments, may be subject to change until 30 August 2024 for 1st term courses and 20 December 2024 for 2nd term courses.

Summative Assessments

Modelling of an investment appraisal (40%) 

2000-word essay on the investment appraisal (60%)

Alternative Resit Arrangements for students taking course in Academic Year 2020/21

Resit: 1,500 word essay (100%)

Formative Assessment

There are no assessments for this course.

Course Learning Outcomes

Knowledge LevelThinking SkillOutcome
FactualUnderstandDemonstrate knowledge and understanding of the nature and purpose of the three major financial statements including accounting conventions that underpin these statements
ConceptualApplyCritically evaluate the uses and limitations of the financial statements in relation to decision making
ConceptualUnderstandExplain the role of financial managers and accountants and be able to identify the qualities that make accounting information useful for the energy industry. 

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