Undergraduate Course: Introduction to Corporate Finance (BUST08030)
||College||College of Humanities and Social Science
|Credit level (Normal year taken)||SCQF Level 8 (Year 2 Undergraduate)
||Availability||Not available to visiting students
|Summary||The course aims to develop a student's understanding of the key principles of finance with a focus on corporate finance. It builds, extends and develops on the course content of Introduction to Financial Markets (BUST08029), which is the pre-requisite course.
Introduction to Corporate Finance is designed to provide students with a fundamental knowledge and understanding of corporate finance including an understanding of some of the key analysis tools used within the subject. The course has a quantitative slant and is designed to give a theoretical introduction to corporate finance decisions and policies. As such, the course covers some key aspects of corporate finance principles and theory. These include key corporate finance topics such as the financial evaluation of investment decisions (capital budgeting), the cost of capital, how firms raise finance and the sources of finance, the capital structure decision and the dividend policy.
Student Learning Experience
Students on this course learn the course material in several ways: by preparing for classes and tutorials by reading the relevant materials, including videos and working through the linked tutorial problems; by attending the two classes each week and the tutorial; using the self-assessments on Learn. Students have the opportunity to deepen their understanding of the subject through the individual and group assignments.
Course Delivery Information
|Academic year 2018/19, Not available to visiting students (SS1)
|Learning and Teaching activities (Further Info)
Lecture Hours 20,
Seminar/Tutorial Hours 8,
Summative Assessment Hours 1,
Programme Level Learning and Teaching Hours 4,
Directed Learning and Independent Learning Hours
|Assessment (Further Info)
|Additional Information (Assessment)
||1. 20% individual assignment
2. 40% coursework (group project)
3. 40% final exam
The two units of coursework will be (a) a 750 word individual assignment on a corporate finance topic and (b) a written 1500 word group project.
The final written exam will be of one-hour duration.
||Informal assessment and feedback
During the course a range of informal methods of providing assessment feedback to students will be used. This type of work will not contribute to your mark for the course but is designed to help you assess your progress and allow you to take action as necessary.
Examples of these modes of assessment include:
- self-assessment by working through examples and comparing answers with solutions during the course, both from lecture materials and the textbook
- tutorial assignments, tutor feedback and comparing answers with solutions
- online multiple choice end of chapter revision tests
- practicing prior year exam questions and comparing with the solutions and reviewing examiner feedback on the latest exam diet.
Students are expected to be self-motivated to make the most effective use of these informal assessment tools.
Coursework individual feedback will be made available on Learn.
Your examination marks will be posted on Learn (together with generic feedback and examination statistics) as soon as possible after the Boards of Examiners meeting. Generic feedback will be made available on Learn.
||Hours & Minutes
|Main Exam Diet S1 (December)||1:00|
|Resit Exam Diet (August)||1:00|
On completion of this course, the student will be able to:
- Describe and discuss the key aspects of corporate finance theory.
- Discuss critically the contribution of finance theory to financial practice.
- Understand and apply some of the key analysis tools used within corporate finance.
|The main textbook will be Corporate Finance (Global Edition) by Jonathan Berk and Peter DeMarzo (B&D).|
|Graduate Attributes and Skills
On completion of the course, students should be able:
a) to demonstrate that they can work in a tutorial group to analyse a financial problem using concepts covered in the lectures
b) to demonstrate that they can solve simple problems in finance
On completion of the course, students should:
a) have been encouraged to develop their written skills through the coursework assignment
b) be able to demonstrate an ability to solve numerical problems through tutorials and the degree examination
c) be able to communicate effectively in a tutorial group.
On completion of the course, students should:
a) be aware of the techniques and insights relevant to company financial decisions.
b) be aware of the uses and limitations of these techniques and insights.
|Additional Class Delivery Information
||2 x 1h lecture per week, starting Week 1
1 x 1h tutorial per week, starting Week 3
|Course organiser||Mr Hang Zhou
Tel: (0131 6)51 1030
|Course secretary||Mr Matthis Hervieux