FM414 Half Unit
Corporate Investment and Financial Policy
This information is for the 2024/25 session.
Teacher responsible
Dr Ashwini Agrawal
Availability
This course is available on the MSc in Finance (full-time), MSc in Finance (full-time) (Work Placement Pathway), MSc in Finance and Private Equity and MSc in Finance and Private Equity (Work Placement Pathway). This course is not available as an outside option.
This course is not capped, any eligible student that requests a place will be given one.
This course does not permit auditing students.
Pre-requisites
Students must have completed Asset Markets (FM423) and Corporate Finance (FM422).
Course content
This is a case-based course that is geared towards applying corporate finance and investment valuation tools in a variety of real-world settings. Particular emphasis will be placed upon understanding the strengths and limitations of academic approaches to solving real-world problems. We will also discuss when and how these tools are used in various professional settings such as private equity/investment banking, buy-side research, and consulting. Some of the topics that we will cover include:
- Valuation of venture-capital based startups
- Risk management and hedging international currency exposures
- Valuation techniques for private vs. public firms
- IPO pricing
- Determining optimal capital structure
- Working capital management
Weekly case studies will be assigned and discussed in class.
Teaching
30 hours of seminars in the WT.
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.
Assessment
Continuous assessment (100%) in the WT.
Key facts
Department: Finance
Total students 2023/24: 110
Average class size 2023/24: 110
Controlled access 2023/24: Yes
Value: Half Unit
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.
Personal development skills
- Team working
- Communication
- Application of numeracy skills
- Commercial awareness