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FM474L      Half Unit
Managerial Finance

This information is for the 2021/22 session.

Teacher responsible

Dr Angie Andrikogiannopoulou

Availability

This course is available on the CEMS Exchange, Global MSc in Management, Global MSc in Management (CEMS MiM), Global MSc in Management (MBA Exchange), MBA Exchange, MSc in Accounting, Organisations and Institutions, MSc in Management and Strategy, MSc in Management of Information Systems and Digital Innovation, MSc in Regulation and Master of Public Policy. This course is available as an outside option to students on other programmes where regulations permit.

This course is not open to students in the MSc Accounting and Finance and students from the following departments: Economics, Finance, Mathematics, and Statistics.

This course cannot be combined with FM430 Corporate Finance and Asset Markets or FM431 Corporate Finance A.

Course content

This course is a self-contained introduction to finance and it covers roughly the same topics as FM431. The aim of the course is to provide a comprehensive overview of firms' financial decision making. The course is designed to provide an applied and practical approach to finance, enabling the students to address topical issues that modern corporations face.  In particular, the course builds on concepts such as valuation and capital structure theories, and applies those tools in a systematic and rigorous way to real-life financial management problems. After a brief introduction to financial markets, the course focuses on corporate finance and business valuation. Topics such as mergers and acquisitions and initial public offerings will also be covered.



The course is also related to FM473 (Financial Markets): both are introductory courses in Finance. FM473 focuses mostly on understanding the workings of financial markets, the determination of asset prices, and the decisions made by financial investors.  FM474 studies financial decisions from the perspective of firms (i.e., “Corporate Finance”). Although there is some small amount of overlap between FM473 and FM474, both courses can be taken simultaneously or sequentially, in any order

Teaching

30 hours of lectures in the LT.

This course is taught in the interactive lecturing format. There is no distinction between lectures and classes/seminars; there are “sessions” only, and the pedagogical approach in each session is interactive.



This course will be taught in two or three separate groups. Each group will meet for a single block of three hours once a week. Each student will be assigned to one group. Students will not be allowed to choose their groups or to switch groups.



The course requires weekly in-class activities and discussions. Students must prepare for class activities in advance. Attendance is required.

Formative coursework

Weekly homeworks.

Indicative reading

Brealey, Myers and Allen, Principles of Corporate Finance.

Assessment

Exam (100%, duration: 2 hours) in the summer exam period.

Course selection videos

Some departments have produced short videos to introduce their courses. Please refer to the course selection videos index page for further information.

Important information in response to COVID-19

Please note that during 2021/22 academic year some variation to teaching and learning activities may be required to respond to changes in public health advice and/or to account for the differing needs of students in attendance on campus and those who might be studying online. For example, this may involve changes to the mode of teaching delivery and/or the format or weighting of assessments. Changes will only be made if required and students will be notified about any changes to teaching or assessment plans at the earliest opportunity.

Key facts

Department: Finance

Total students 2020/21: 106

Average class size 2020/21: 110

Controlled access 2020/21: Yes

Value: Half Unit

Personal development skills

  • Problem solving
  • Application of numeracy skills
  • Commercial awareness