MODULE CODE BEA3001 MODULE LEVEL 3 MODULE TITLE ...

Working capital management
Portfolio theory
Asset pricing
Market efficiency
Options pricing
Cost of capital
Capital structure
Dividend policy
Corporate valuation
Lease evaluation
International aspects of financial management
Mergers and acquisitions
Balance sheet immunisation
ILO4: Derive, criticise and challenge theoretical models for:
Objective function of the firm
Present value
Working capital management
Portfolio theory
Complex covariance
Capital asset pricing
Value of an uncertain cash flow
Capital asset pricing
Option pricing via the Binomial method
Put-call parity
Value of the firm, cost of equity and weighted average cost of capital
Value-relevance of dividend policy
Balance sheet immunisation
ILO5: Relate key financial issues one to another, to associated theory, to ‘real world’ evidence, and to the
preferences and expectations of key stakeholders
Core Academic Skills:
ILO 6: (a) Develop powers of research in the academic literature and texts
(b) Apply and criticise finance models in a ‘real world’ context
(c) Develop powers of algebraic proof, derivation and criticism
Personal and Key Skills
ILO7: (a) Use information technology for information retrieval and numerical analysis
(b) Build team skills in debating discussion topics and producing team solutions to problems
(c) Build presentation skills in lecture / example class participation
LEARNING/TEACHING METHODS
Teaching and learning principally is organised into lectures, tutorial example classes and directed self-study. There
are also regular surgery sessions to clear up student difficulties as they arise. Students are encouraged to work
together in assimilating lecture material, preparing for tutorials and completing self-study assignments.
All students are expected to attend all lectures and tutorials and complete all assigned work; and to attend surgery
sessions as necessary. Much of the material will be covered by only one mode of delivery (lecture or tutorial or selfstudy).
All material is potentially assessible, howsoever delivered.
ASSIGNMENTS
(Not for direct, summative assessment – see below for such)
- Assigned work for each tutorial [ILOs 1, 2, 3, 4, 5, 6, 7]
- Individual / group self-study assignments over the course of the two semesters [ILOs 1, 2, 3, 4, 5, 6, 7]
ASSESSMENT
- Two one-hour in-class multiple-choice tests (the first accounting for 5% module marks and the second for 15%
module marks = 20% total) [ILO 3]