ACC2007 : Responsible Corporate Finance
- Offered for Year: 2024/25
- Module Leader(s): Dr Yousry Ahmed
- Lecturer: Dr David Grundy
- Owning School: Newcastle University Business School
- Teaching Location: Newcastle City Campus
Semesters
Your programme is made up of credits, the total differs on programme to programme.
| Semester 1 Credit Value: | 10 |
| Semester 2 Credit Value: | 10 |
| ECTS Credits: | 10.0 |
| European Credit Transfer System | |
Aims
This module aims for develop an understanding of responsible corporate finance by examining analytical frameworks for the knowledge of the firm's major financing decisions by considering the theoretical models that explain these decisions. The module also examines Finance and Professional Codes of Conduct & Ethics, using real world examples to highlight professional behaviours and the changing ESG environment that accountants and treasurers are now expected to operate in.
Outline Of Syllabus
1- Scope and nature of corporate finance
2- Valuation of debt and equity
3- Security and portfolio analysis
4- Capital market efficiency
5- Asset pricing models and their applications
6- Raising Capital: Debt and Equity
7- Risk Management: Options, FRA's and Futures
8- Capital structure
9- Dividend policy
10- Finance, ESG and Professional Codes of Conduct & Ethics
Teaching Methods
Teaching Activities
| Category | Activity | Number | Length | Student Hours | Comment |
|---|---|---|---|---|---|
| Guided Independent Study | Assessment preparation and completion | 1 | 64:00 | 64:00 | N/A |
| Scheduled Learning And Teaching Activities | Lecture | 14 | 2:00 | 28:00 | 14 Present-In-Person Lectures. 7 per semester |
| Guided Independent Study | Directed research and reading | 1 | 50:00 | 50:00 | N/A |
| Scheduled Learning And Teaching Activities | Small group teaching | 6 | 1:00 | 6:00 | 6 Present-in-Person small group seminars. 3 per semester. |
| Scheduled Learning And Teaching Activities | Drop-in/surgery | 2 | 1:00 | 2:00 | 2 x 1 PiP hour Exam Q&A Drop In Sessions. 1 per semester, timetabled at end of each semester. |
| Guided Independent Study | Independent study | 1 | 50:00 | 50:00 | N/A |
| Total | 200:00 |
Teaching Rationale And Relationship
Lecture materials are designed to provide an introduction and exposition of key models, research and financial decisions
Private study enables students to develop this in more detail.
Scehduled contact time provides an opportunity for students to work individually and in groups to discuss reading and work through problem questions. Group sessions provide an opportunity for students to develop their problem solving skills
Assessment Methods
The format of resits will be determined by the Board of Examiners
Exams
| Description | Length | Semester | When Set | Percentage | Comment |
|---|---|---|---|---|---|
| Written Examination | 180 | 2 | A | 100 | N/A |
Formative Assessments
Formative Assessment is an assessment which develops your skills in being assessed, allows for you to receive feedback, and prepares you for being assessed. However, it does not count to your final mark.
| Description | Semester | When Set | Comment |
|---|---|---|---|
| Prob solv exercises | 1 | M | Practice questions provided |
| Prob solv exercises | 2 | M | Practice questions provided |
Assessment Rationale And Relationship
The formal examination assesses the students' intended knowledge and skills outcomes as well as problem solving, numeracy and written communication skills.
In the case of an alternative semester 2 assessment being necessary due to circumstances, the module leader will in the first instance consult with the DPD as to the requirements of the professional accrediting body to discuss possible acceptable alternatives. In 2020/21 this alternative was a 24 hour take home exam delivered online, and it is envisioned that if circumstances do not allow a present-in-person timed exam (digital or written) at the end of semester 2, and the professional body agrees, than this may well be an example of the type of alternative assessment which could be put in place.
Reading Lists
Timetable
- Timetable Website: www.ncl.ac.uk/timetable/
- ACC2007's Timetable