FM421      Half Unit
Applied Corporate Finance

This information is for the 2021/22 session.

Teacher responsible

Dr Cynthia Balloch

Availability

This course is available on the Global MSc in Management, MSc in Accounting and Finance, MSc in Econometrics and Mathematical Economics, MSc in Economics and Management, MSc in Finance and Economics, MSc in Finance and Economics (Work Placement Pathway) and MSc in Risk and Finance. This course is available with permission as an outside option to students on other programmes where regulations permit.

Students on the Global MSc in Management ('Accounting and Finance' and 'Finance' concentrations only), MSc in Econometrics and Mathematics Economics, MSc Economics, MSc Economics (Two Year Programme), and MSc in Economics and Management may take this course only if they have fulfilled the compulsory prerequisites:

Students may only take this course if they have taken at least one of the following courses in Michaelmas Term: FM473M Financial Markets, FM474M Managerial Finance or FM431M Corporate Finance A. There will be no exceptions to this rule.

Pre-requisites

This is an advanced applied course and a thorough understanding of the major theoretical issues and concepts is required.

Students on the MSc in Econometrics and Mathematics Economics, MSc in Economics and Management, MSc in Management and Strategy may take this course if they have fulfilled the compulsory prerequisites. These students may only take this course if they have taken at least one of the following courses in Michaelmas Term: FM473M Finance I, FM474M Managerial Finance or FM431M Corporate Finance A.

Course content

The course will provide a thorough treatment of various topics within corporate finance, such as capital budgeting, financing decisions, and corporate valuation.

Teaching

30 hours of seminars in the LT.

This course is taught in the interactive lecturing format. There is no distinction between lectures and classes/seminars; there are “sessions” only, and the pedagogical approach in each session is interactive.



This course will be taught in two or three separate groups. Each group will meet for a single block of three hours once a week. Each student will be assigned to one group. Students will not be allowed to choose their groups or to switch groups.



The course requires weekly in-class activities and discussions. Students must prepare for class activities in advance. Attendance is required.

Formative coursework

Weekly assignments based on case studies will be assigned to students. They will receive feedback on their performance, and will also be provided suggested solutions.

Indicative reading

Course materials (lecture notes and case studies) will be provided to the students at the start of the course.

Assessment

Exam (90%, duration: 2 hours and 30 minutes) in the summer exam period.
Coursework (10%) in the LT.

Course selection videos

Some departments have produced short videos to introduce their courses. Please refer to the course selection videos index page for further information.

Important information in response to COVID-19

Please note that during 2021/22 academic year some variation to teaching and learning activities may be required to respond to changes in public health advice and/or to account for the differing needs of students in attendance on campus and those who might be studying online. For example, this may involve changes to the mode of teaching delivery and/or the format or weighting of assessments. Changes will only be made if required and students will be notified about any changes to teaching or assessment plans at the earliest opportunity.

Key facts

Department: Finance

Total students 2020/21: 217

Average class size 2020/21: 74

Controlled access 2020/21: Yes

Value: Half Unit

Guidelines for interpreting course guide information