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 | 2 | 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 | 0 | 0 | ||||
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 |
|
|
(S2) Authenticity |
|
|
(S3) Agility |
|
|
(S4) Digital |
|
|
(S5) Global Perspective |
|
Teaching and Learning Strategies |
|
|
Lectures (12.5 hours) Seminars (17.5 hours) Peer-to-Peer Learning (3 hours) Self-Directed Learning (67 hours) 2.5 hour lecture x 5 |
|
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. | |