- ARCHIVE for reference only

University Homepage
DRPS Homepage
DRPS Search
DRPS Contact
DRPS : Course Catalogue : Business School : Business Studies

Postgraduate Course: Business Finance (BUST11005)

Course Outline
SchoolBusiness School CollegeCollege of Humanities and Social Science
Course typeStandard AvailabilityNot available to visiting students
Credit level (Normal year taken)SCQF Level 11 (Postgraduate) Credits10
Home subject areaBusiness Studies Other subject areaNone
Course website None Taught in Gaelic?No
Course descriptionThis 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.
Entry Requirements (not applicable to Visiting Students)
Pre-requisites Co-requisites
Prohibited Combinations Other requirements None
Additional Costs None
Course Delivery Information
Delivery period: 2011/12 Semester 2, Not available to visiting students (SS1) WebCT enabled:  Yes Quota:  None
Location Activity Description Weeks Monday Tuesday Wednesday Thursday Friday
No Classes have been defined for this Course
First Class First class information not currently available
Exam Information
Exam Diet Paper Name Hours:Minutes
Outwith Standard Exam Diets March2:00
Summary of Intended Learning Outcomes
On successfully completing this course:

you will have an appreciation of some of the main strands of theory on which finance practice and its development depends.

you will have an understanding of the key financial decisions the corporation has to make and the relevant issues that need to be considered.

you will be able to appraise critically the criteria and systems adopted by firms for assessing and approving major capital investments.

you will understand how firms make capital structure decisions and how they finance themselves.

you will understand growth opportunities open to firms and problems associated with mergers, acquisitions and divestments.

you will have a broad understanding of issues associated with financial distress and the prediction of corporate bankruptcy.

you will understand some of the key considerations of good corporate governance, and their relevance in practice.

you will be aware of some of the ethical issues confronting financial managers.

you will be able to draw on the new discipline of behavioural corporate finance to help understand why financial managers may not behave "rationally" in practice.

Course members will be expected to apply what they are covering on the course to current events in the financial news. They will be required to contribute to discussion of case material and some credit will be given for such a contribution.
Assessment Information
30% of the marks awarded for essay assignment.
70% of the marks awarded for performance in final examination.
Special Arrangements
Additional Information
Academic description Not entered
Syllabus Not entered
Transferable skills Not entered
Reading list Not entered
Study Abroad Not entered
Study Pattern Not entered
KeywordsNot entered
Course organiserMr Stephanos Kambouroudis
Tel: (0131 6)50 3789
Course secretaryMr Stuart Mallen
Tel: (0131 6)50 8071
Help & Information
Search DPTs and Courses
Degree Programmes
Browse DPTs
Humanities and Social Science
Science and Engineering
Medicine and Veterinary Medicine
Other Information
Important Information
© Copyright 2011 The University of Edinburgh - 16 January 2012 5:42 am