15 August 2019
Corporate Finance – Financial Strategic Planning
This module introduces you to applied and practical approaches to finance, including financial principles, analysing the capital structure of companies, valuation techniques to assess strategic decisions such as mergers and acquisitions or raising capital. You engage in the lively and stimulating debate about problems such as international tax and financial management of multinational corporations. You also develop your understanding of corporate finance as a tool for making strategic decisions.
The following topics will be covered:
+ Agency theory, Corporate Governance and market efficiency
+ Financial performance ratios, interpretation of financial statements
+ Level of working capital, financing working capital and cash cycle
+ Financial markets and project valuation: Payback and discounted pay back, ROCE, NPV, relevant project costs, international taxation
+ Sources of Finance (Debt and Equity)
+ Dividend policy: payments, legal constraints, dividend growth model
+ Markowitz’s Portfolio Theory and CAPM
+ Corporate and competitive strategy; mergers & acquisitions
+ Financial Crisis in 2008 and financial derivatives market
The University of Sussex International Summer School welcomes applicants from a wide range of educational backgrounds. Although most of you will be currently enrolled at a university or college, we also welcome applicants who have been away from education for some years, as well as highly committed senior high school students - for some courses a good general education, an open mind and lots of enthusiasm are the main qualifications. For some other courses you will see that prerequisites are listed - applicants for these courses are expected to submit transcripts to demonstrate that they have taken, or are currently taking, the necessary precursors.
The International Summer School provides an opportunity to meet and study with people from different countries and cultures, on a cosmopolitan campus. The large range of courses on offer allows you to get ahead with credit in core courses, or simply to experiment with something new.
Summer School courses carry 15 credits and last for four weeks. Since the standard annual load for a Sussex student is 120 credits, this means that each course is equivalent to 4 semester hours or 7.5 ECTS credits. Students can take only one course per session, as the courses are intensive. You can expect to spend 30 to 45 hours each week on your course between attending classes, labs and workshops, as well as time spent outside class preparing the readings and assignments. You can find information about the courses offered by the International Summer School through our course directory or courses by subject pages of our website.
GBP 2000: Tuition (one four week session).
GBP 4000: Tuition only (both four week ISS sessions).