Postgraduate Course: Business Finance (MBA) (CMSE11250)

Course Outline
School	Business School	College	College of Humanities and Social Science
Credit level (Normal year taken)	SCQF Level 11 (Postgraduate)	Availability	Not available to visiting students
SCQF Credits	10	ECTS Credits	5
Summary	This course builds on your foundation course in finance. It will provide you with a good understanding of the key decisions a chief finance officer (CFO) or senior financial manager in a large or medium-size corporation has to make and the issues that need to be considered. By the end of the course, you will have a much better understanding of the important financial issues confronting the firm and the range of possible solutions. In addition, you will have developed your skills in financial planning and modelling and have a good feel for how financial managers make key financial decisions in practice. The course covers both traditional, or normative, business finance adopting a rigorous analytical framework as well as drawing on the new discipline of behavioural corporate finance, which uses the insights of cognitive psychologists to explain why financial managers behave as they do and why their decisions are frequently not optimal in conventional economic terms. Melding these two strands of teaching together provides very practical insights to help improve the quality of financial decisions made.
Course description	Not entered

Entry Requirements (not applicable to Visiting Students)
Pre-requisites		Co-requisites
Prohibited Combinations		Other requirements	For Business School PG students only, or by special permission of the School. Please contact the course secretary.

Course Delivery Information
Not being delivered

Learning Outcomes
On completion of this course, the student will be able to: Discuss critically the key financial decisions the corporation has to make and the relevant issues that need to be considered. Appraise critically the criteria and systems adopted by firms for assessing and approving major capital investments. Discuss critically how firms make capital structure decisions and how they finance themselves. Understand and evaluate critically growth opportunities open to firms and problems associated with mergers, acquisitions and divestments. Discuss critically issues associated with financial distress and the prediction of corporate bankruptcy.