ULMS Electronic Module Catalogue

The information contained in this module specification was correct at the time of publication but may be subject to change, either during the session because of unforeseen circumstances, or following review of the module at the end of the session. Queries about the module should be directed to the member of staff with responsibility for the module.
Title CORPORATE FINANCIAL MANAGEMENT FOR NON-SPECIALIST STUDENTS
Code ACFI213
Coordinator Dr ST Kim
Economics
Seon.Kim@liverpool.ac.uk
Year CATS Level Semester CATS Value
Session 2021-22 Level 5 FHEQ First Semester 15

Pre-requisites before taking this module (other modules and/or general educational/academic requirements):

ACFI103 INTRODUCTION TO FINANCE 

Modules for which this module is a pre-requisite:

 

Programme(s) (including Year of Study) to which this module is available on a required basis:

 

Programme(s) (including Year of Study) to which this module is available on an optional basis:

 

Teaching Schedule

  Lectures Seminars Tutorials Lab Practicals Fieldwork Placement Other TOTAL
Study Hours   12

      12

24

48
Timetable (if known)   120 mins X 1 totaling 24
 
         
Private Study 102
TOTAL HOURS 150

Assessment

EXAM Duration Timing
(Semester)
% of
final
mark
Resit/resubmission
opportunity
Penalty for late
submission
Notes
Assessment 1: Written Timed Examination (Online) Assessment Type: Written Exam Duration: 2 hours Weighting: 90% Reassessment Opportunity: Yes Penalty for Late Submission: Standard UoL pena  2 hours    90       
CONTINUOUS Duration Timing
(Semester)
% of
final
mark
Resit/resubmission
opportunity
Penalty for late
submission
Notes
Assessment 2: Assignments (quizzes and/or short essays) Assessment Type: Practical Assessment Duration: 10 days Weighting: 10% Reassessment Opportunity: Yes Penalty for Late Submission: Sta  Weekly quizzes or sh    10       

Aims

The aim of the module is to provide an introduction to financial markets and to contextualise the application of mathematical techniques.


Learning Outcomes

(LO1) Students will be equipped with the tools and techniques of financial management

(LO2) Students will be able to interpret and critically examine financial management issues and controversies.

(LO3) Students will attain the necessary knowledge to underpin the more advanced material on  Quantitative Business Finance.

(S1) Commercial awareness

(S2) Organisational skills

(S3) Problem solving skills

(S4) IT skills

(S5) International awareness

(S6) Numeracy


Teaching and Learning Strategies

Teaching Method: Online asynchronous learning materials
Description: recorded video content. Weekly assessment tasks will be set. In addition students will have chapter readings assigned from the course text.
Unscheduled Directed Student Hours: 12
Attendance Recorded: No

Teaching Method: Synchronous Lecture
Scheduled Directed Student Hours: 12
Attendance Recorded: No

Teaching Method: Seminars
Description: Biweekly practice questions will be discussed. In addition students are expected to ask questions, if any, related to learning materials and reading assignments.
Scheduled Directed Student Hours: 6
Attendance Recorded: Yes

Teaching Method: Group Study
Description: One hour biweekly session to foster student community and engagement by working with others on their ‘active learning’ activities.
Scheduled Student Hours: 6
Attendance Recorded: No

Self-Directed Learning Hours: 114

Costs Informatio n:
There will be no additional cost to students

There are the following non-modular requirements:
Students will have a quantitative background from their Maths and Finance or e-Finance studies. This module cannot be taken alongside ACFI204

This module is a pre-requisite for the following modules:
ACFI314


Syllabus

 

An introduction to equities;
Time value of money application to equity pricing;
An introduction to bonds and a time value of money application to bond price;
Modelling asset prices and risk versus return;
Portfolio theory;
Asset pricing models;
Weighted average cost of capital and investment appraisal;
An introduction to FX markets;
An introduction to derivatives;
Hedging and speculation using futures and options;
Option pricing.


Recommended Texts

Reading lists are managed at readinglists.liverpool.ac.uk. Click here to access the reading lists for this module.