Centre for Professional Development and Lifelong Learning

Accounting and Finance

Advanced Corporate Finance

Overview

Building on the concepts presented in ACCT 6011 Corporate Finance, this course will enable students to develop the necessary knowledge of more advanced and specialized decision situations in the areas of corporate investment and financing. Specifically, it will enable students to apply knowledge about the cost of capital and asset valuation and develop valuation techniques such as ratios as used in acquisitions or mergers. This course will also evaluate cases on capital investments and the design of optimal capital structures. Most importantly, the relevance of the tools and concepts presented in this course to finance and other related sectors, will be discussed.
 

What will I Learn?

 
On successful completion of this course students will be able to:
 

  • Discuss advanced theoretical models of corporate finance.
  • Justify the application of specific models in financial decision making such as the sensitivity and break-even analysis and simulation methods.
  • Identify the factors that influence the decisions of companies on capital structure.
  • Apply theoretical concepts to real case scenarios in corporate finance.
  • Perform valuations and determine optimal capital structures using key financial tools.
  • Discuss the structure, principles and practice of corporate governance.

 
 

Who Should do this Course

Important Information

One of the key areas of focus in Advanced Corporate Finance is on the relationships between investments and financing decisions. An analysis of these relationships is critical in managing a firm for value, making this course essential for aspiring finance professionals. This course is therefore a compulsory component in the MSc Finance programme, as it combines the key disciplines of finance and accounting and seeks to deepen the students' understanding of the key concepts and relationships in corporate finance.
 

At a Glance

  • Admissions Term: 2024/2025 Semester II
  • Registration: Open
  • Date: TBA
  • Time:
  • Duration: 1 semester
  • Certificate Awarded: Postgraduate Professional Development Certificate of Competence
  • Course Code: FINA 6130
  • Capacity:
  • Cost: BDS $2,050 (US $1,025) {with assessment} ; BDS $1,750 (US $875) {without assessment}

The following topics/concepts/theories will be addressed:
 

  • Capital Investment Decisions          
  • Capital Structure: Theories, Decisions and optimal capital structure management
  • Company valuation and value creation
  • Corporate Governance
  • Mergers and Acquisitions and Corporate Restructuring
  • Key Corporate finance decisions

The course will be assessed utilising two Group Projects, a mid-semester examination and a final examination weighted as follows:
 

  • Two Group Projects (Case Reports) – 20%
  • Mid-Semester Examination – 30%
  • Final examination – 50%

This 3-hour examination may consist of quantitative and problem-solving questions.
 
The course will be taught via a weekly three-hour lecture. There will also be case presentations, and class discussions based on the cases and the readings. Lecture notes should be supplemented by further reading.