MN3101 Corporate Finance and Control

Academic year

2024 to 2025 Semester 1

Further information on which modules are specific to your programme.

Key module information

SCOTCAT credits

20

The Scottish Credit Accumulation and Transfer (SCOTCAT) system allows credits gained in Scotland to be transferred between institutions. The number of credits associated with a module gives an indication of the amount of learning effort required by the learner. European Credit Transfer System (ECTS) credits are half the value of SCOTCAT credits.

SCQF level

SCQF level 9

The Scottish Credit and Qualifications Framework (SCQF) provides an indication of the complexity of award qualifications and associated learning and operates on an ascending numeric scale from Levels 1-12 with SCQF Level 10 equating to a Scottish undergraduate Honours degree.

Planned timetable

To be arranged.

This information is given as indicative. Timetable may change at short notice depending on room availability.

Module coordinator

Dr C Engels

This information is given as indicative. Staff involved in a module may change at short notice depending on availability and circumstances.

Module Staff

Dr Mao Zhang

This information is given as indicative. Staff involved in a module may change at short notice depending on availability and circumstances.

Module description

Management students will work in corporations of various sizes and some will start their own companies. All firms face similar financial decision-making processes and use various techniques albeit with various degrees of complexity and often under conditions of uncertainty. Thus understanding company finances and how financial decisions are taken under these conditions is paramount not only to company profitability but also its very survival. This course provides an introduction to corporate finance, equipping students with both a theoretical understanding and practical skills to apply to a realistic setting of the corporate decision-making process.

Relationship to other modules

Pre-requisites

BEFORE TAKING THIS MODULE YOU MUST PASS MN2001 AND PASS MN2002

Assessment pattern

2-hour Written Examination = 60%, Coursework = 40%

Re-assessment

3-hour Written Examination = 100%

Learning and teaching methods and delivery

Weekly contact

2 lectures (x 10 weeks) and 1 tutorial (x 4 weeks)

Scheduled learning hours

24

The number of compulsory student:staff contact hours over the period of the module.

Guided independent study hours

174

The number of hours that students are expected to invest in independent study over the period of the module.

Intended learning outcomes

  • Explain the concept of corporate finance and the role of the financial manager.
  • Evaluate different theories of corporate capital structure.
  • Understand the importance of discounted cash flow valuation.
  • Apply a range of computational techniques to estimate securities return and risk.
  • Assess various investment appraisal criteria.