Fundamentals of Finance
|Unit level:||Level 1|
|Teaching period(s):||Semester 2|
|Offered by||Alliance Manchester Business School|
|Available as a free choice unit?:||Y
Additional RequirementsBMAN10552 is a free choice option for students with prior agreement from their home schools. Core for MLBM, CSwBM, MathswBM, MPhys&BScPhyswBM, MChemChemwBM
BMAN10552 is a free choice option for students with prior agreement from their home schools. Core for MLBM, CSwBM and MathswBM.
This course unit introduces the fundamental concepts and techniques of finance. It is designed for non-finance specialist students or those without background knowledge in finance. It seeks to develop the financial literacy of the layperson.
The course unit introduces the basic concepts from a wide spectrum of topics in finance including financial statement analysis, time value of money, capital budgeting, bond valuation, stock valuation, stock returns and market efficiency, portfolio diversification, CAPM, cost of capital, corporate governance, and behavioural finance. In addition, it also introduces empirical research evidences that synthesise the aforementioned topics.
Teaching and learning methods
Lectures: 17 one hour lectures (2 hrs per week for 8 weeks and 1 hr for 1 week)
Workshops: 3 one hour workshops in teaching weeks 3, 5 and 7
Private study: 80 hours
Total study hours: 100 hours split between lectures, workshops reading, self-study and preparation for classes, coursework and examinations.
Informal Contact Methods
1. Office Hours
2. Online Learning Activities (blogs, discussions, self assessment questions)
3. Drop in Surgeries (extra help sessions for students on material they may be struggling with)
On completion of this unit, successful students will be able to:
- acquire knowledge of corporate finance;
- understand capital budgeting and security valuation
- appreciate the relationship between risk and return.
Assessment Further Information
1.5 hour unseen examination (100%)
Hiller, D., Clacher, I., Ross, S., Westerfield, R.,and Jordan, B. (2011) Fundamentals of Corporate Finance, European Edition, McGrawHill
Lee, E., Walker, M., and Christensen, H. (2008) ’Mandating IFRS: Its impact on the cost of equity capital in Europe’, ACCA Research Report 105
- Informal advice and discussion during a lectures 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.
- Generic feedback posted on Blackboard regarding overall examination performance.
- Assessment written exam - 1.5 hours
- Lectures - 17 hours
- Practical classes & workshops - 3 hours
- Independent study hours - 78.5 hours