Module Catalogues, Xi'an Jiaotong-Liverpool University   
 
Module Code: ACF104
Module Title: Foundations of Finance
Module Level: Level 1
Module Credits: 5.00
Academic Year: 2017/18
Semester: SEM2
Originating Department: International Business School
Pre-requisites: N/A
   
Aims
1) Introduce the basic concepts and principles of corporate finance.


2) Provide students with a solid grounding in issues of finance as they relate to business and financial markets.


3) Provide students with foundations to build on their knowledge and understanding later on in the level 2 and level 3 of their programmes.
Learning outcomes 
A Understand the fundamental concepts of corporate finance.


B Appreciate the relationship between these fundamental concepts and decision-making by practitioners and participants in financial markets.


C Have knowledge of methods and applications of quantitative techniques relating to essential issues in finance.


D Appreciate the framework in which financial issues and problems are presented, providing a foundation for appropriate analysis.
Method of teaching and learning 
The teaching and learning strategies employed include a combination of lectures (which teach basic concepts and principles), workshops (which are interactive and hands-on sessions designed to enable students to apply their knowledge to analyse real-world problems and issues), and the university’s virtual learning environment (the ‘Interactive Communications Environment’ or ‘ICE’), which will be used for the dissemination of material, as well to provide feedback to students.
Syllabus 
1) An introduction to the foundations of corporate finance.

2) Introduction to basic concepts in the financial markets and interest rates.

3) The time dimension in finance and the time value of money.

4) The appraisal of investment opportunities.

5) The meaning and measurement of risk and return – basic concepts.

6) The valuation and characteristics of bonds.

7) The valuation and characteristics of stock.

8) Estimating the cost of capital.

9) Determining the financing mix.

10) Financial distress, managerial incentives, and information.

11) Dividend policy and internal financing.

Delivery Hours  
Lectures Seminars Tutorials Lab/Prcaticals Fieldwork / Placement Other(Private study) Total
Hours/Semester 26     12      112  150 

Assessment

Sequence Method % of Final Mark
1 Midterm Exam 15.00
2 Final Exam 85.00

Module Catalogue generated from SITS CUT-OFF: 10/22/2017 9:37:48 PM