This page displays the selected Module Descriptor.
Printer friendly version
Session: 2022/23
Last modified: 30/09/2021 11:36:24
|
Title of Module: Corporate Finance and Global Financial Market |
|---|
|
Code: LNDN11003 |
SCQF Level: 11
(Scottish Credit and Qualifications Framework) |
Credit Points: 20 |
ECTS: 10
(European Credit Transfer Scheme) |
|---|
| School: | School of Business & Creative Industries |
|---|
| Module Co-ordinator: | Chaman
Shrestha |
|---|
| Summary of Module |
|---|
This module is designed to enhance students' understanding of theoretical knowledge and practical implications in corporate finance and global financial market perspective. This module aims to develop students' strategic thinking, problem-solving, and decision-making skills through a wide range of real-life scenarios encountered by businesses and the current research trend within the corporate finance field.
The module links various strategic decisions at the corporate level, aiming at the firm's value maximisation, particularly about investment, financing, capital structure, dividend policy, and corporate reorganisation (Merger & Acquisition). It also equips the student with the knowledge to critically assess the challenges and opportunities involved in doing business internationally and applying investment decision techniques to appraise international projects.
|
| Module Delivery Method |
|---|
| Face-To-Face | Blended | Fully Online | HybridC | HybridO | Work-based Learning |
|  | | | | |
Face-To-Face
Term used to describe the traditional classroom environment where the students and the lecturer meet synchronously in the same room for the whole provision.
Blended
A mode of delivery of a module or a programme that involves online and face-to-face delivery of learning, teaching and assessment activities, student support and feedback. A programme may be considered “blended” if it includes a combination of face-to-face, online and blended modules. If an online programme has any compulsory face-to-face and campus elements it must be described as blended with clearly articulated delivery information to manage student expectations
Fully Online
Instruction that is solely delivered by web-based or internet-based technologies. This term is used to describe the previously used terms distance learning and e learning.
HybridC
Online with mandatory face-to-face learning on Campus
HybridO
Online with optional face-to-face learning on Campus
Work-based Learning
Learning activities where the main location for the learning experience is in the workplace.
|
| Term(s) for Module Delivery |
|---|
|
(Provided viable student numbers permit).
|
| Term 1 | | Term 2 | | Term 3 | |
[Top of Page]
| Learning Outcomes: (maximum of 5 statements) |
|---|
On successful completion of this module the student will be able to:
L1.
Critically evaluate why companies place financial management at the core of their business and senior financial managers' role in maximising firm value.
L2.
Explain the various methods used by firms to value strategic investments and assessing alternative sources of long-term capital requirement for strategic investments.
L3.
Compare and contrast the alternatives to enhance corporate value through capital structure decision and a firm's dividend policy.
L4.
Analyse the value of the firm and reorganisation through merger & acquisition.
L5.
Discuss the use of capital budgeting methods for assessing international projects. |
| Employability Skills and Personal Development Planning (PDP) Skills |
|---|
| SCQF Headings |
During completion of this module, there will be an opportunity to achieve
core skills in:
|
|---|
| Knowledge and Understanding (K and U) |
SCQF Level 11.
Demonstrate a critical understanding of underlying concepts, knowledge, theory, techniques and implications of corporate finance and the global financial markets.
Demonstrate a critical understanding of the in-depth and high level of knowledge in working at the corporate level and the current research trend in academia.
|
| Practice: Applied Knowledge and Understanding |
SCQF Level 11.
Apply a wide range of practical skills, techniques associated with strategic financing decision making.
Demonstrate a comprehensive understanding of relevant investment appraisal and company valuation techniques.
Apply a critical understanding of the capital structure and dividend policy's principles and knowledge in the strategic decision-making process.
|
| Generic Cognitive skills |
SCQF Level 11.
Apply critical analysis, evaluation and synthesis to issue informed by forefront development in corporate finance and financial market field.
Critically and systematically analyse, consolidate, and review financial and non-financial information to identify the gap and ultimately assist the decision-making process.
|
| Communication, ICT and Numeracy Skills |
SCQF Level 11.
Perform complex and technical calculations used in corporate finance and present strategic decisions using various communication methods (memo, reports, etc.).
Using a wide range of ICT applications with adjusting features (numerical and graphical data)and databases to support and enhance work/decision at a high level.
|
| Autonomy, Accountability and Working with others |
SCQF Level 11.
Exercise high autonomy, initiative and originality in problem-solving.
Take ownership for work and act autonomously in planning, decision-making, and implementing various tasks at a professional level.
|
| Pre-requisites: |
Before undertaking this module the student should have
undertaken the following:
|
|---|
Module Code:
| Module Title:
|
| Other: | |
| Co-requisites | Module Code:
| Module Title:
|
|---|
* Indicates that module descriptor is not published.
[Top of Page]
| Learning and Teaching |
|---|
The module employs hybrid learning approaches. Students will be exposed to core concepts and ideas through the use of asynchronous, online activities designed to allow students to engage with the material in a flexible manner. Face-to-face, synchronous sessions will concentrate on interactive learning designed to allow students to engage with staff and classmates and deepen their understanding of the subject material. The social learning platform will be used to share key information and provide opportunities for interaction with staff and other students.
|
Learning Activities
During completion of this module, the learning activities undertaken to
achieve the module learning outcomes are stated below:
| Student Learning Hours
(Normally totalling 200 hours):
(Note: Learning hours include both contact hours and hours spent on other learning activities) |
| Asynchronous Class Activity | 12 |
| Tutorial/Synchronous Support Activity | 24 |
| Independent Study | 164 |
| 200
Hours Total
|
|
**Indicative Resources: (eg. Core text, journals, internet
access)
|
|---|
The following materials form essential underpinning for the module content
and ultimately for the learning outcomes:
Hillier, D., Ross, S., Westerfield, R., Jaffe, J. and Jordan, B. (2020) Corporate Finance. 4th edn. Berkshire: McGraw-Hill Education
|
|
(**N.B. Although reading lists should include current publications,
students are advised (particularly for material marked with an asterisk*) to
wait until the start of session for confirmation of the most up-to-date
material)
|
| Engagement Requirements |
|---|
In line with the Academic Engagement Procedure, Students are defined as academically engaged if they are regularly engaged with timetabled teaching sessions, course-related learning resources including those in the Library and on the relevant learning platform, and complete assessments and submit these on time. Please refer to the Academic Engagement Procedure at the following link: Academic engagement procedure
Where a module has Professional, Statutory or Regulatory Body requirements these will be listed here:
As per UWS procedures. |
[Top of Page]
Supplemental Information
| Programme Board | Accounting, Finance and Law |
|---|
| Assessment Results (Pass/Fail) |
No
|
|---|
| Subject Panel | Accounting, Finance and Law |
|---|
| Moderator | David Leung |
|---|
| External Examiner | TBC |
|---|
| Accreditation Details | |
|---|
| Version Number | 1 |
|---|
[Top of Page]
| Assessment: (also refer to Assessment Outcomes Grids below) |
|---|
| Essay 30% |
| Unseen Closed Book Exam 70% |
(N.B. (i) Assessment Outcomes Grids for the module
(one for each component) can be found below which clearly demonstrate how the learning outcomes of the module
will be assessed.
(ii) An indicative schedule listing approximate times
within the academic calendar when assessment is likely to feature will be
provided within the Student Handbook.)
|
Assessment Outcome Grids (Footnote A.)
Footnotes
A. Referred to within Assessment Section above
B. Identified in the Learning Outcome Section above
[Top of Page]
Note(s):
- More than one assessment method can be used to assess individual learning outcomes.
-
Schools are responsible for determining student contact hours. Please refer to University Policy on contact hours (extract contained within section 10 of the Module Descriptor guidance note).
This will normally be variable across Schools, dependent on Programmes &/or Professional requirements.
|
| Equality and Diversity |
|---|
The Equality, Diversity and Human Rights policy underpins student engagement. We aim to make UWS a fair and equal place to study an institution which addresses specific issues covering all aspects of equality, diversity and human rights. Where required module assessment will be adapted to meet student requirements.
UWS Equality and Diversity Policy
UWS Equality and Diversity Policy |
|
(N.B. Every effort
will be made by the University to accommodate any equality and diversity issues
brought to the attention of the School)
|