Skip to main content
What types of page to search?

Alternatively use our A-Z index.

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 Advanced Corporate Finance and Financial Management
Code ULMJ538
Coordinator Mr GS Brown
Finance and Accounting
Gavin.Brown2@liverpool.ac.uk
Year CATS Level Semester CATS Value
Session 2025-26 Level 7 FHEQ Second Semester 10

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

ULMJ701 Financial Reporting and Analysis 2025-26 

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 12.5

17.5

      3

33
Timetable (if known)              
Private Study 67
TOTAL HOURS 100

Assessment

EXAM Duration Timing
(Semester)
% of
final
mark
Resit/resubmission
opportunity
Penalty for late
submission
Notes
Examination Reassessment Opportunity: Yes Penalty for Late Submission: Standard UoL penalty applies Anonymous Assessment: Yes    100       
CONTINUOUS Duration Timing
(Semester)
% of
final
mark
Resit/resubmission
opportunity
Penalty for late
submission
Notes
Variety of in class polls and quizzes, both individual and group         

Aims

This module aims to:

Cover the theory and practice of ‘corporate finance and financial management’ and provide an understanding of related issues in organisations;

Cover the empirical stand point based on the findings of recently published studies in this area of research;

Explore the role of finance and financial management in establishing a successful corporate financial strategy and covers some of most probable decision problems faced by managers in modern organisations;

Cover topics on; framework for financial decisions; investment decisions and strategies; value, risk and the required return; and, strategic financial decisions.


Learning Outcomes

(LO1) Students will be able to critically analyse of the role of financial theory and practice in establishing a successful financial strategy.

(LO2) Students will be able to evaluate the capital market's function, and the role of the financial manager with respect to the successful operation of the modern corporations.

(LO3) Students will be able to apply financial management tools and techniques that are designed to support managers in the process of value creation for the shareholders.

(LO4) Students will be able to critically assess different methods used in the valuation process and explore how investment and financing decisions and risk management affect the value of firms. Students should also understand the merits and limitations of different valuation methods.

(LO5) Students will be able to interpret and critically examine corporate finance and financial management issues and related controversies.

(LO6) Students will be able to critically evaluate issues and controversies related to a firm’s capital structure and role that capital structure plays in building financial strategies.

(S1) People Focused
Students will work with multiple stakeholders within the MBA programme and externally. This will be done through challenges posed in the curriculum and outside the curriculum, working and networking with businesses locally and internationally. In doing so students will demonstrate people-focused leadership by prioritising human agency and well-being in a dynamic, disruptive world. Develop inclusivity, transparency, and reflection through teamwork and decision-making exercises, while leveraging innovation to drive personal, organisational, and societal advancement in the digital age.

(S2) Authenticity
Students will develop emotional intelligence through coaching to enhance self-awareness and awareness of others in achieving long-term, purposeful goals. This will permeate with all modules, cultivating accountability by mastering time, resources, and relationships to problem-solve and take actions. In doing so students will act with integrity, foster trust, and engage in respectful challenge and debate.

(S3) Agility
Students will have opportunities to thrive in turbulence and uncertainty. Actively build personal and organisational resilience to embrace disruption, find solutions and keep learning in dynamic environments. Informed, relevant, forward-focused mindsets stemming from constant challenges inside and outside the classroom. Provide clear direction for people and organisations to navigate effectively through simulated and real work problem solving.

(S4) Digital
Students will use a number of digital tools and develop a mindset to confidently embrace new knowledge and technologies, leverage its future potential to inspire, to enhance connectivity, decision making and learning. To bring wisdom in leadership to navigate the new digital revolution and make positive impact. Innovate. Engage in respectful debate.

(S5) Global Perspective
All modules will indulge and challenges students to think globally and consider how they drive the wider global ethical, sustainable and environmental agenda, taking a purposeful approach to aligning people, planet and profit. Experience and appreciate how building partnerships to deliver innovate solutions to economic, environmental and societal challenges are needed to solve wicked problems, improve co-operation globally and be an agent of change.


Teaching and Learning Strategies

Lectures (12.5 hours)
Lectures will introduce, explore, and critically assess key concepts, ideas, and practices relevant to the subject. A variety of resources, including journals, textbooks, online videos, media articles, and opinion pieces, will be provided in advance for further reading and application across different contexts. The lecture will also outline expectations for the seminar by providing necessary guidance.

Seminars (17.5 hours)
Seminars will create an interactive environment where participants engage individually or in groups in activities such as case studies and scenario analysis. These sessions will encourage the practical application of concepts introduced in the lectures.

Peer-to-Peer Learning (3 hours)
Peer-to-peer learning fosters a collaborative approach where participants learn from and teach each other through active discussions, idea exchange, and feedback. This method enhances critical thinking, problem-solving, and communication skills while building a sense of community and mutual support among learners.

Self-Directed Learning (67 hours)
Participants will be expected to review a range of materials, including core and recommended readings, reports, and articles available through libraries and open-access sources. Additionally, they will conduct independent research using both academic and non-academic sources to support their learning and assessment. Lecture notes will provide guidance, and suggested answers or solutions will be available for seminar activities. Participants should complete seminar tasks as instructed before progressing to the next topic.

2.5 hour lecture x 5
3.5 hour seminar x 5
36 mins asynchronous or peer to peer directed learning x 5
67 hours self-directed learning


Syllabus

 

Framework for financial decisions;

An overview of financial management;

The financial environment;

Present values, and bond and share valuation investment decisions and strategies;

Investment appraisal methods;

Project appraisal - applications;

Investment strategy and process value, risk and the required return;

Analysing investment risk;

Relationships between investments: portfolio theory;

Setting the risk premium: the capital asset pricing model;

The required rate of return on investment;

Enterprise value and equity value;

Identifying and rating options strategic financial decisions;

Long-term finance;

Returning value to shareholders: the dividend decision;

Capital structure and the required return;

Does capital structure really matter?

Acquisitions and restructuring.


Recommended Texts

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