Last modified: 05 Aug 2021 13:04
This course aims to build upon FI3001/FI3004 Corporate Finance to develop an advanced understanding of the ideas necessary to analyse the firm’s financing decisions with regards to capital structure, debt and equity issuance, financial distress, corporate restructuring and develop an appreciation of current topical issues in corporate financing behaviour. The class is based mainly on academic research articles that have influenced and directed current understanding in corporate financial and investment theory and policy.
| Study Type | Undergraduate | Level | 3 |
|---|---|---|---|
| Term | Second Term | Credit Points | 30 credits (15 ECTS credits) |
| Campus | Aberdeen | Sustained Study | No |
| Co-ordinators |
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Course Aims
This course aims to build upon FI30xx Corporate Finance to develop an advanced understanding of the ideas necessary to analyse the firm's financing decisions with regards to capital structure, financial distress and corporate restructuring. The course is based mainly on academic research articles that have influenced and directed current understanding in corporate financial and investment theory and policy.
Main Learning Outcomes
Knowledge and Understanding
i. the ability to understand complex issues within corporate financial policy in a manner that is suitable to a financial trained and non-financially trained audience
ii. Recognise the limitations of formal models in corporate finance theory, including an awareness of methodological approaches and data collection and analysis.
iii. Analyse complex theories of capital structure decisions.
iv. Critically evaluate the theory and evidence regarding markets for raising equity finance through seasoned and initial public equity offerings
v. Appraise the choice of debt financing method
vi. Develop an appreciation of current topical issues in corporate financing behaviour
Intellectual Skills
i. Demonstrate awareness of the central issues of corporate finance
Transferable Skills
i. Active participation in lectures and seminars
ii. Manage time through keeping deadlines for submission of work
iii. Express ideas cogently, both orally (in lectures and tutorials) and in writing (assessments)
iv. Identify, understand, develop and critique arguments
v. Present information on corporate financing issues in a concise and informative manner.
vi. The ability to communicate the essence of academic articles to financially trained and non-financially trained individuals.
vii. The confidence to read and critically appraise advanced research papers
Course Content
Information on contact teaching time is available from the course guide.
Problem Set (20%);
1500-word Critical Review Essay (20%);
Final Assessment (60%)
Resit (for students who took the course in Academic Year 2020/21):
There are no assessments for this course.
| Knowledge Level | Thinking Skill | Outcome |
|---|---|---|
| Factual | Remember | ILO’s for this course are available in the course guide. |
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