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Online course materials for BMAN10522M

Financial Decision Making M


Unit code: BMAN10522M
Credit Rating: 10
Unit level: Level 1
Teaching period(s): Semester 2
Offered by Alliance Manchester Business School
Available as a free choice unit?: N

Requisites

None

Additional Requirements

Only available to students on Level 1 BSc Mgt/Mgt (Specialism); IM, IMABS, IBFE and BSc Accounting.



 

Aims

The aim of the course is to introduce students to finance, giving a foundation for subsequent finance courses in the second and third years. The approach is conceptual, emphasizing general principles, which students should be able to apply to specific problems and issues. The course introduces some of the basic techniques of finance: calculating the time value of money; valuing bonds and shares, techniques for appraising capital investments; characterising share price behaviour and the role of risk in security valuation. The main focus of classes is on problem-solving in particular finance contexts, with some consideration of discursive material.

Overview

1. Introduction to finance
2. The time value of money
3. Capital raising and evaluation of securities
4. The firm’s capital budgeting decision
5. Share price behaviour and informational efficiency
6. Security risk and return

Teaching and learning methods

Lectures: 15 one hour lectures (2 hours each week)

Workshops: 6 one hour workshops.

Total study hours: 100 hours split between lectures, classes, reading, self-study and preparation for classes, coursework and examinations.

Learning outcomes

By the end of the course students should:
• have a basic knowledge and understanding of the theoretical framework of finance;
• know some of the basic techniques used in finance;
• have a basic understanding of the role of research in finance;
• can solve problems in a variety of contexts in finance;
• understand
- the time value of money
- how companies raise capital
- how to value bonds and shares
- the firm’s capital budgeting decision
- the concept of informational efficiency and associated share price behaviour
- the relation between security risk and return.

Assessment methods

  • Written exam - 100%

Recommended reading

Hillier, Clacher, Ross, Westerfield, and Jordan (2014), Fundamentals of Corporate Finance, 2nd European Edition, McGraw-Hill.



 

Feedback methods

• Informal advice and discussion during a lecture, seminar, workshop or lab.

• Responses to student emails and questions from a member of staff including feedback provided to a group via an online discussion forum.

• Generic feedback posted on Blackboard regarding overall examination performance.

Study hours

  • Assessment written exam - 2 hours
  • Lectures - 15 hours
  • Practical classes & workshops - 6 hours
  • Independent study hours - 77 hours

Teaching staff

Arif Khurshed - Unit coordinator

Patricia Perlman-Dee - Unit coordinator

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