| Module Title: | Corporate Finance |
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| Language of Instruction: | English |
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| Teaching & Learning Strategies: |
Formal lectures, individual and group-based activities, peer review, class discussion and scenarios/case-studies will cover the material and its practical application.
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| Module Aim: |
The aim of this module is to enable students to apply knowledge, skills and judgement in decision-making relating to the finance role in an organisation.
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| Learning Outcomes |
| On successful completion of this module the learner should be able to: |
| LO1 |
Critically evaluate the international financial framework within which organisations operate. |
| LO2 |
Assess and evaluate the optimal capital gearing structure for an organisation. |
| LO3 |
Appraise the dividend policy decisions for an organisation. |
| LO4 |
Apply financial management principles and techniques to share valuation, risk management and merger decisions. |
| Pre-requisite learning |
Module Recommendations
This is prior learning (or a practical skill) that is recommended before enrolment in this module.
|
| 9297 |
FNCE |
Financial Management |
Incompatible Modules
These are modules which have learning outcomes that are too similar to the learning outcomes of this module. |
| No incompatible modules listed |
Co-requisite Modules
|
| No Co-requisite modules listed |
Requirements
This is prior learning (or a practical skill) that is mandatory before enrolment in this module is allowed. |
| No requirements listed |
Module Content & Assessment
| Indicative Content |
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Financial environment
Capital markets, financial institutions, role of regulatory bodies, Market Abuse Regulation, Protected Disclosures Legislation.
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Dividend policy
Dividend policy, dividend irrelevancy, taxation considerations, factors to consider when deciding on dividend policy, dividend practices, alternatives to dividends.
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Cost of capital
Cost of debt capital, cost of equity capital, weighted cost of capital, the capital structure debate and theoretical perspectives.
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Risk management
Exchange risk management, use of various internal and external risk management strategies, including forwards, swaps, options, futures, leads. Transaction, translation and economic risk, exchange risk management strategies and interest rate risk.
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Mergers/acquisitions & company valuation
Evaluation of mergers, international context, the merger process, due diligence, financing mergers, defence tactics for a hostile takeover.
Valuation of an organisation using earnings and
assets-based methodologies.
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Environmental, social and governance issues.
Ethical perspectives, ethical finance, governance role, sustainability/integrated reporting, corporate social responsibility, role of stakeholders.
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| Assessment Breakdown | % |
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| Continuous Assessment | 30.00% |
| Project | 30.00% |
| Practical | 40.00% |
| Continuous Assessment |
|---|
| Assessment Type |
Assessment Description |
Outcome addressed |
% of total |
Assessment Date |
| Case Studies |
Case study. |
1,3,4 |
30.00 |
n/a |
| Project |
|---|
| Assessment Type |
Assessment Description |
Outcome addressed |
% of total |
Assessment Date |
| Project |
A critical evaluation of a topic related to Corporate Finance, to include a reflective account. |
1,3,4 |
30.00 |
n/a |
| Practical |
|---|
| Assessment Type |
Assessment Description |
Outcome addressed |
% of total |
Assessment Date |
| Practical/Skills Evaluation |
Exam |
2,4 |
40.00 |
n/a |
| No End of Module Formal Examination |
| Continuous Assessment |
|---|
| Assessment Type |
Assessment Description |
Outcome addressed |
% of total |
Assessment Date |
| Case Studies |
Case study |
1,3,4 |
30.00 |
n/a |
| Project |
|---|
| Assessment Type |
Assessment Description |
Outcome addressed |
% of total |
Assessment Date |
| Project |
A critical evaluation of a topic related to Corporate Finance, to include a reflective account. |
1,3,4 |
30.00 |
n/a |
| Practical |
|---|
| Assessment Type |
Assessment Description |
Outcome addressed |
% of total |
Assessment Date |
| Practical/Skills Evaluation |
Exam |
2,4 |
40.00 |
n/a |
| No End of Module Formal Examination |
SETU Carlow Campus reserves the right to alter the nature and timings of assessment
Module Workload
| Workload: Full Time |
| Workload Type |
Frequency |
Average Weekly Learner Workload |
| Lecture |
12 Weeks per Stage |
6.00 |
| Independent Learning |
15 Weeks per Stage |
11.87 |
| Total Hours |
250.00 |
| Workload: Part Time |
| Workload Type |
Frequency |
Average Weekly Learner Workload |
| Lecture |
12 Weeks per Stage |
3.00 |
| Independent Learning |
15 Weeks per Stage |
5.93 |
| Total Hours |
125.00 |
Module Delivered In
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