Module Catalogues, Xi'an Jiaotong-Liverpool University   
 
Module Code: ACF401
Module Title: Advanced Corporate Finance
Module Level: Level 4
Module Credits: 5.00
Academic Year: 2019/20
Semester: SEM2
Originating Department: International Business School Suzhou
Pre-requisites: N/A
   
Aims
The aim of this module is to examine a range of topics and issues in corporate finance including: capital budgeting, business risk, capital structure, dividend policy, raising long-term capital, corporate governance, and short-term finance in order to equip students to be able to undertake independent and advanced investigations in corporate finance. Particular emphasis will be placed on how financing and investment decisions interact with each other and how those decisions have implications for capital structure, takeovers and corporate bankruptcy.
Learning outcomes 
A Demonstrate a critical understanding of current theoretical concepts in corporate finance for understanding and developing sound decisions and practices regarding capital budgeting, capital structure, dividend policy, corporate governance, and acquisition and restructuring.

B Analyse quantitative and qualitative data in accordance with relevant conceptual frameworks and synthesise them towards optimal decisions and practical expectations.

C Comprehend and critically evaluate alternative methodologies, results of empirical studies, and implications from research findings in the discipline.


Method of teaching and learning 
A range of teaching and learning methods will be utilised on this module. Conceptual and theoretical knowledge will be introduced in a two-hour lecture per week and reinforced by a private study. The case-based exercises and issue-driven seminars will be organised in a one-hour session per week to deepen students’ problem-solving skills and broaden their critical-thinking talents.
Syllabus 
• Capital Budgeting

• Capital Structure and the Cost of Capital

• Dividend Policy

• Long-term Financial Policy

• Information Asymmetry

• Corporate Governance

• Corporate Takeover and Restructuring

• Short-term Financial Management


Delivery Hours  
Lectures Seminars Tutorials Lab/Prcaticals Fieldwork / Placement Other(Private study) Total
Hours/Semester 26   7        117  150 

Assessment

Sequence Method % of Final Mark

Module Catalogue generated from SITS CUT-OFF: 8/10/2020 4:10:20 AM