Download C31CF_C4 - Heriot

Form C4
Heriot-Watt University - Course Descriptor
1. Course
Code
C31CF
2. Course
Title
Corporate Finance
3. SCQF 11
4. Credits
Level
6. Course
Mohamed Sherif
Co-ordinator
15
5. School
Management and Languages
7. Delivery:
Location &
Semester
Edin
SBC
Orkney
Dubai
IDL
Collaborative Partner
Approved Learning Partner
Sem…1
Sem .
Sem………..
Sem…1
Sem….
Name…………………….....Sem..…...
Name …………………………………Sem………..
8. Pre-requisites
9. Linked Courses
(specify if synoptic)
10. Excluded Courses
11. Replacement Courses
Code:
12. Degrees for which
this is a core course
Date Of Replacement:
13. The course may be
delivered to:
UG only
PG only
UG & PG
MSc in Finance
14. Available as an Elective?
Yes
No
15. Aims
The purpose of this course is to provide an overview of some new and exciting research paths in the field of corporate finance. The course will emphasize the major
decision arenas facing a firm, and develop the tools required to be a competitive professional in today’s environment. Therefore, the aim of this course is to introduce
students to some contemporary topics in corporate finance and their reflections on the fundamental decisions to be taken within the corporate finance world.
16. Syllabus
The topics will include some or all of
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
Valuation
Cost of capital and asset pricing models
Investing in Risky Projects and Capital budgeting
Capital Structure Puzzle
Leases and lease analysis.
Application of value principles: Measures of value creation (SVA, EP, EVA).
Agency theory and asymmetric information
Convertibles and warrants:
Corporate Liabilities and Real Options
Private equity and family firms
Raising capital: bank loans; bond issues; initial public offers; seasoned equity offers.
Risk Management
Debt policy and dividend policy
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Form C4
Heriot-Watt University - Course Descriptor
17. Learning Outcomes (HWU Core Skills: Employability and Professional Career Readiness)
Subject Mastery
Understanding, Knowledge and Cognitive
Skills
Scholarship, Enquiry and Research (Research-Informed Learning)
Students will develop their knowledge and understanding of the following.




Personal Abilities
The methods of analysis that are applied to financial decisions which arise in managing a company.
The theories put forward to explain aspects of company financial management.
How empirical research is conducted to test the theories.
The nature of the evidence regarding the theories, and about company financial behaviour generally.
Industrial, Commercial & Professional Practice
Autonomy, Accountability & Working with Others
Communication, Numeracy & ICT
The course will help students develop their abilities to do the following.




Understand complex lines of reasoning, expressed verbally and algebraically.
Compare differing arguments and differing explanations for facts and findings.
Assess empirical evidence.
Understand and evaluate academic research papers in corporate finance.
18. Assessment Methods
Method
19. Re-assessment Methods
Duration of Exam
Weighting (%)
Synoptic courses?
Method
(if applicable)
Assignment
Exam
2 hours
Duration of Exam
(if applicable)
30%
70%
Exam only
2 hours
20. Date and Version
Date of Proposal
Date of Approval by
School Committee
Date of
Implementation
Version
Number
2/2
Diet(s)