FINN1011: Foundations of Finance

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• Introduce the key principles of corporate finance and their importance to firms.
• Provide students with a solid grounding in issues of finance as they relate to business and financial markets.
• Provide students with foundations to build on their knowledge and understanding in level 2.

• An Introduction to Finance.
• Basic Mathematics of Finance.
• Sources and Valuation of Long-term Funds.
• Investment Appraisal.
• Risk.
• The Cost of Capital.
• Financing Decisions.
• Capital Structure.
• Dividends and Dividend Policy.
• Mergers and Acquisitions.

Subject-specific Knowledge:

• Understanding of the fundamental concepts of corporate finance.
• Appreciation of the relationship between these fundamental concepts and decision-making by practitioners and participants in financial markets.
• Knowledge of methods and applications of quantitative techniques relating to essential issues in finance.
• Appreciation of the framework in which financial issues and problems are presented, providing a foundation for appropriate analysis.

Subject-specific Skills:

• Ability to explain and interpret key implications of fundamental concepts in corporate finance, for example relating to capital structure and dividend policy.
• Practice in the application of core mathematical skills to foundational concepts in finance, such as the time-value of money and capital budgeting.
• Critical thinking in terms of core concepts in finance and their application to real-world issues.

Key Skills:

• Problem Solving and Analysis, by applying the necessary analytical and quantitative skills, as well as the ability to demonstrate understanding and manipulate core concepts in finance.
• Numeracy, by applying core mathematical and statistical skills to answer a range of questions.
• Planning and Organisation and Time Management, by revising relevant material and preparing for the assessment.
• Computer Literacy, by accessing and downloading teaching material from Learn Ultra, undertaking bibliographical searches, and information retrieval for classes and assessment.

• Teaching is by lectures and seminars.
• Learning takes place through attendance at lectures, preparation for and participation in seminar classes and private study.
• Formative assessment is by means of an online multiple choice test and an online assignment.
• Summative assessment is by means of a multiple choice test in term and an assignment.

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