Introduction to Corporate Finance and Financial Instruments

BMAN20242 Introduction to Corporate Finance and Financial Instruments 10 Semester 2 Undergraduate Level 2 George Christodoulakis Unit coordinator 1 FHEQ level (Framework for Higher Education Qualifications) ' Middle part of Bachelors ' European Credit Transfer & Accumulation System Rating : 5.0 ' Introduction to finance - Financial instruments - Securities - Capital structure and dividend policy - Cost of capital - Capital investment appraisal This module will be delivered using lectures, workshops, and self-study. Blackboard will be used to support the lecture and workshop materials with notes, questions, solutions, quizzes and discussion forums available for student feedback and support. ' Introduction to finance - Financial instruments - Securities - Capital structure and dividend policy - Cost of capital - Capital investment appraisal This module will be delivered using lectures, workshops, and self-study. Blackboard will be used to support the lecture and workshop materials with notes, questions, solutions, quizzes and discussion forums available for student feedback and support. This module aims to provide non-finance specialist students with a fundamental knowledge and understanding of corporate finance including an understanding of the financial instruments used by companies to raise finance and to manage financial risk. After studying this module, students should be able to: - use and apply the key terms used in corporate finance and investment management; - discuss the key principles of corporate finance; - explain the main sources of finance available to a business and evaluate the different ways in which a business can be formed and structured; - critically discuss the characteristics of the main financial instruments in use by companies and describe the methods through which they can be issued; - evaluate the different capital structure options available to a business; - discuss the key issues to be considered by a company when deciding on a dividend policy; - define and calculate the cost of capital for a business and explain its relevance to a business's investment decisions -identify the key participants in the Financial Markets and discuss the roles of Financial Markets Methods of delivery:Lecture hours: 16 hours Seminar hours: 4 hours Private study:   80 hours Total study hours: 100 hoursTotal study hours: 100 hours split between lectures, classes, self study and preparation for classes, coursework and examinations. Informal Contact Methods 1. Students can communicate with lecturers through the Blackboard discussion forum, email, and individual appointments at a mutually convenient time 2. Online Learning Activities (blogs, discussions, weekly set of self-assessment questions) 3. Other: Revision session in week 9. 0 Other 100% Formative assessment: students have to solve a weekly quiz on Blackboard and submit it through TurnitIn. We provide general feedback on students’ performance on this assignment on a weekly basis during the lectures.Summative assessment:  examination 100%   - Informal advice and discussion during lectures (which are highly interactive) and workshops. - Online exercises and quizzes delivered through the Blackboard course space. - Responses to student emails and questions from a member of staff including feedback provided to a group via an online discussion forum. - Specific course related feedback sessions - Revision Session in Week 9. - Generic feedback posted on Blackboard regarding performance on weekly quizzes and overall examination performance.   BMAN10501 Financial Reporting Pre-Requisite Compulsory BMAN10621A Pre-Requisite Compulsory BMAN10621B Fundamentals of Financial Reporting B Pre-Requisite Compulsory BMAN20242 has pre-requisites of BMAN10621A or BMAN10621B or BMAN10501.Pre-requisite course units have to be passed by 40% or above at the first attempt unless a higher percentage is indicated within this course outline. If the pre-requisite unit is defined as a compulsory course unit within your programme of study (Maths with Finance, IBFE, Accounting, BA Econ pathways for example) then progression onto the dependent unit is permitted as long as you have gained the appropriate amount of credit to progress on to the following year of your registered undergraduate programme.Pre-requisites:BMAN10621 (A) or (B)Fundamentals of Financial Reporting or BMAN10501 Financial Reporting   Y Brealey, R., Myers, S., and Allen, F., Principles of Corporate Finance, (11th edition) McGraw-Hill. Hull, J., ’’Options, Futures and Other Derivatives’’, 9th Edition, Pearson.     Assessment written exam 2 Lectures 16 Seminars 4 0 78 Other staff involved: TBAPre-requisites: BMAN10621/10621(A) Fundamentals of Financial Reporting or BMAN10501 Financial ReportingCo-requisites: N/ADependent courses: BMAN30091 Financial Derivatives and BMAN30242 Financial EngineeringPre-requisite course units have to be passed by 40% or above at the first attempt unless a higher percentage is indicated within this course outline. If the pre-requisite unit is defined as a compulsory course unit within your programme of study (Maths with Finance, IBFE, Accounting, BA Econ pathways for example) then progression onto the dependent unit is permitted as long as you have gained the appropriate amount of credit to progress on to the following year of your registered undergraduate programme.Programme Restrictions: This course is available as a free choice option to students who have received prior agreement from their registering School and is designed to be a self- contained introduction to corporate finance and financial instruments for those students who are not specialists in finance.This course is NOT available to students on BA (Econ) Accounting, Finance, Accounting and Finance, Accounting and Economics and Economics and Finance, BA/BSc IBFE, BSc Management / Management (specialism), BSc International Management, BSc International Management with American Business Studies, BSc IT Management for Business.BMAN20242 is available to study aboad and exchange students admitted through the University of Manchester International Programmes Office. For Academic Year 2023/24Updated: March 2023Approved by: March UG Committee