Postgraduate Course: Corporate Finance (ECNM11032)
Course Outline
| School | School of Economics |
College | College of Arts, Humanities and Social Sciences |
| Credit level (Normal year taken) | SCQF Level 11 (Postgraduate) |
Availability | Available to all students |
| SCQF Credits | 10 |
ECTS Credits | 5 |
| Summary | The aim is to develop students' knowledge and understanding of the theory and empirical evidence regarding corporate finance, specifically in the areas of capital budgeting, capital structure, payout policy, and raising equity.
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| Course description |
Not entered
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Entry Requirements (not applicable to Visiting Students)
| Pre-requisites |
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Co-requisites | |
| Prohibited Combinations | |
Other requirements | Students should be enrolled on MSc Economics, MSc Economics (Econometrics), MSc Economics (Finance) or MSc Mathematical Economics and Econometrics.
Any other students must email sgpe@ed.ac.uk in advance to request permission.
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Information for Visiting Students
| Pre-requisites | Students should be enrolled on MSc Economics, MSc Economics (Econometrics), MSc Economics (Finance) or MSc Mathematical Economics and Econometrics.
Any other students must email sgpe@ed.ac.uk in advance to request permission.
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| High Demand Course? |
Yes |
Course Delivery Information
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| Academic year 2024/25, Available to all students (SV1)
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Quota: None |
| Course Start |
Block 4 (Sem 2) |
| Timetable |
Timetable |
| Learning and Teaching activities (Further Info) |
Total Hours:
100
(
Lecture Hours 18,
Summative Assessment Hours 2,
Programme Level Learning and Teaching Hours 2,
Directed Learning and Independent Learning Hours
78 )
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| Assessment (Further Info) |
Written Exam
100 %,
Coursework
0 %,
Practical Exam
0 %
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| Additional Information (Assessment) |
Final examination in the April/May diet. |
| Feedback |
Students will be provided with a series of multiple-choice questions that will enable them to evaluate their progress against the learning outcomes for the course. The lecturer will subsequently provide feedback on the questions, including the preferred answers and guidance on expected progress. |
| Exam Information |
| Exam Diet |
Paper Name |
Minutes |
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| Main Exam Diet S2 (April/May) | | 00 | |
Learning Outcomes
On completion of this course, the student will be able to:
- To review the main theoretical developments in explaining firm investment and financing decisions.
- Have understanding of the main theories to explain a company's gearing, capital structure, and dividend policies.
- Have understanding of valuations of real options.
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Reading List
There are a number of good texts on corporate finance. One which emphasises applications of theory to financial management in practice is:
Brealey, R., Myers, S. and Allen, F., (14th ed., 2023), Principles of Corporate Finance, McGraw-Hill.
Earlier editions are also fine. We will only be covering some of the chapters, so not a required purchase.
Similar ground is covered in Berk, J. and DeMarzo, P. (3rd ed., 2014), Corporate Finance, Pearson.
For the part of the course on Valuation and Real Options a useful reference is
T. Copeland and V. Antikarov (1994), Real Options: A Practitioner s Guide (New York: Texere, 2001).
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Additional Information
| Course URL |
http://www.sgpe.ac.uk/ |
| Graduate Attributes and Skills |
Not entered |
| Additional Class Delivery Information |
The course consists of 18 lecture hours: The real options part consists of two three-hour lectures. The financing part consists of four three-hour lectures on topics such as balance sheets, aspects of capital structure, payout policy and raising equity, and bank financing. |
| Keywords | Not entered |
Contacts
| Course organiser | Dr Ina Taneva
Tel: (0131 6)51 5948
Email: |
Course secretary | Miss Quincy Sugiuchi
Tel: (0131 6)50 8361
Email: |
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