Corporate Finance and Investment Decisions - ACCT5020

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Module delivery information

Location Term Level1 Credits (ECTS)2 Current Convenor3 2023 to 2024
Combined Autumn and Spring Terms 6 30 (15) Angela Ransley checkmark-circle


This module begins with a focus on the financial system of the UK, including the major players in the markets and key interrelations. It then proceeds to cover key topics, including: advanced portfolio theory, the capital asset pricing model, arbitrage pricing theory, the implications and empirical evidence relating to the efficient market hypothesis, capital structure and the cost of capital in a taxation environment, interaction of investment and financing decisions, decomposition of risk, options and pricing, risk management, dividends and dividend valuation models, mergers and failures and evaluating financial strategies.


Contact hours

Private study hours: 234
Contact hours: 66
Total study hours: 300

Method of assessment

Main assessment methods:
Exam, 3 hours (70%)
Coursework (5%)
Group Portfolio Project (3000 words) (25%)

Reassessment method:
100% exam

Indicative reading

See the library reading list for this module (Canterbury)

See the library reading list for this module (Medway)

Learning outcomes

The intended subject specific learning outcomes.
On successfully completing the module students will be able to:
- critically review finance theories and concepts and their application to a practical environment including financial management, risk and the
operation of financial markets
- apply the fundamental concepts and principles (introduced in the pre-requisite study) which
underlie investment, financing, and dividend decisions, in both a theoretical and practical context, including the strengths and weaknesses of more
complex quantitative techniques
- demonstrate knowledge and skills in recording and summarising the financial aspects of company dividend policy, capital structure, types of finance
sources and merger activities
- critically analyse, compare, discuss and critically evaluate various financial theories
- demonstrate understanding of the practical implications of investing on the stock market

The intended generic learning outcomes.
On successfully completing the module students will be able to:
- structure, and develop and defend complex arguments
- analyse structured and unstructured problems and prepare projections regarding related decisions
- develop, analyse and synthesise complex material and data relevant to financial issues
- apply quantitative techniques for solving problems within a finance context
- plan work, use relevant sources and study independently
- demonstrate suitable communication skills


  1. Credit level 6. Higher level module usually taken in Stage 3 of an undergraduate degree.
  2. ECTS credits are recognised throughout the EU and allow you to transfer credit easily from one university to another.
  3. The named convenor is the convenor for the current academic session.
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