FINANCIAL STRATEGY - 2017/8

Module code: MANM063

Module provider

Surrey Business School

Module Leader

MAHON C Mr (SBS)

Number of Credits

15

ECTS Credits

7.5

Framework

FHEQ Level 7

JACs code

N300

Module cap (Maximum number of students)

N/A

Module Availability

Semester 2

Overall student workload

Independent Study Hours: 116

Lecture Hours: 34

Assessment pattern

Assessment type Unit of assessment Weighting
Coursework INDIVIDUAL ASSIGNMENT (1000 WORDS) 30
Coursework INDIVIDUAL ASSIGNMENT (1000 WORDS) 30
Coursework INDIVIDUAL ASSIGNMENT (1000 WORDS) 40

Alternative Assessment

N/A

Prerequisites / Co-requisites

None

Module overview

The rationale for this module is to provide a substantial course in a synthetic form of Corporate Finance, financial resources management, risk management, and financial markets at a level appropriate to MBA and also to serve as a springboard to advanced specialist finance studies.

Module aims

This module aims to provide participants with both theoretical and practical understanding of how financial strategy can be formulated. It develops in depth understanding of corporate finance theories, and practical awareness of how these theories are applied to real business world. It further provides comprehensive knowledge of how businesses and corporations utilise financial resources and financial markets in a variety of situations, including start-up ventures, establishing corporations, corporate re-structuring in order to achieve the ultimate goal of maximising the value of their enterprise. It also introduces theories and practices of financial risk management.

Learning outcomes

Attributes Developed
001 Recognise the differences between corporate strategy and value creation. K
002 Use advanced valuation skills and metrics in capital budgeting. K
003 Show a comprehensive knowledge and understanding of the key corporate finance theories, including valuation theory, capital markets and portfolio management, capital asset pricing, corporate financing, corporate re-structuring and risk management. K
004 Analytical skills. C
005 Ability to balance the relative advantages of alternative financial strategies C
006 Use of argument and evidence. C
007 Critically think both theoretically and strategically about business and be able to apply financial theories to develop financial strategy for business C
008 Students will acquire confidence in realising how they can identify financial problems and readily apply techniques taught in class to real life cases. P
009 Awareness of the importance of strategic financial decisions on the performance of a company. P
010 Critically evaluate financial strategy and risk management in the business and be able to make appropriate decisions P
011 Report writing and presentational skills. T
012 Working effectively in teams. T
013 Improved decision making in an international business environment T
014 Present findings to the client in an effective and engaging manner T
015 Problem diagnosis and analysis T

Attributes Developed

C - Cognitive/analytical

K - Subject knowledge

T - Transferable skills

P - Professional/Practical skills

Module content

Indicative content includes:


Further issues in Capital Budgeting
Financial Derivatives and Corporate Finance
Capital structure and the cost of capital
Dividend policy
Financial Strategies in mergers and acquisitions and business re-organisations
Portfolio theory and the capital asset pricing model

Methods of Teaching / Learning

The learning and teaching strategy is designed to:

To incorporate a variety of learning methodologies to enable participation from a range of individual learning styles.

The learning and teaching methods include:

SurreyLearn

SurreyLearn is used to support and facilitate the student experience and includes activities that allow students to test their knowledge and understanding of the theories and concepts applied in the financial management context.

Lectures/seminars/workshops/ Simulations/Cases Studies

Lectures are used to introduce, compare, contrast and contextualise theories and concepts.  Their primary aim is to improve student understanding and knowledge.  Students acquire their professional and practical skills and intellectual and cognitive skills through a menu of delivery modes.  2 hours weekly x 11 weeks

Seminars and workshops are used to apply theories and concepts to case studies and scenarios and students are encouraged to develop contextually relative thinking and a deeper appreciation of the subject matter.  Students are actively encouraged to work in teams and to present their findings to other students at regular intervals. 1 hour weekly x 11 weeks

Simulations are used to help introduce real life scenarios and raise awareness of the importance of financial management decisions on the performance of a company these are coupled with the use of case studies and input from current practitioners.

 

Assessment Strategy

The assessment methods include three assignments of 1,000 words coursework assignment with 2 worth 30% and the summative assessment worth 40%

It is anticipated that these assignments will demonstrate the development of analytical abilities, using concepts derived from the financial strategy syllabus, directed towards business problem-solving in an international environment.

The summative assignment is due by the second Monday (FT) and the fourth Monday after completion of the module (PT). The Formative ssessments will be due by the second (FT and fourth (PT) Monday after the fifth and eighth (FT) & ninth (PT) sessions.

Formative assessment and feedback

The teaching staff are available during office hours and are happy to give individual feedback on the lectures and course materials during those hours.  The feedback process will incorporate not just the grades but further reading and advice to facilitate learning additionally Periodic review question/short formative test sessions will be held through the lecture series.

Reading list

Reading list for FINANCIAL STRATEGY : http://aspire.surrey.ac.uk/modules/manm063

Programmes this module appears in

Programme Semester Classification Qualifying conditions
Business Administration MBA 2 Optional A weighted aggregate mark of 50% is required to pass the module

Please note that the information detailed within this record is accurate at the time of publishing and may be subject to change. This record contains information for the most up to date version of the programme / module for the 2017/8 academic year.