Corporate Financial Strategy
The module covers:
- investment, capital structure and divident decisions from a shareholder value perspective
- capital market behaviour (background)
- real options
Current Issues in Accounting
The module will cover five lectures within each the following two areas:
- Current issues in financial accounting and reporting
- Current issues in management accounting
Indicative topic areas include:
- corporate governance issues
- changing nature of management accounting
- contemporary management accounting techniques
- case study research in management accounting
Quantitative Research Methods for Finance and Accounting
This modules will provide you with a good understanding of econometrics tools covering topics such as:
- statistical distribution theory
- multiple regression analysis for cross-sectional data
- time series analysis
- panel data
- qualitative response models with finance related applications
Financial Security Valuation
Equity, fixed income and derivative securities will be considered individually and portfolios. These will be presented as extensions of previously studied material as well as new topics.
Qualitative Research Methods for Accounting and Finance
This modules covers some or all of the following:
- Introduction to the philosophy of accounting and finance research
- Developing a research focus, research questions and a research strategy
- The role of existing literature in social science research
- Approaches to collecting qualitative data
- Qualitative data analysis
- Writing up the research project
The module aims to allow you to synthesise, apply and extend the knowledge you have gained in the taught component of the programme. The investigation of a current research topic will help to develop your theoretical and practical understanding of current problems in your area, as well as your research and communication skills.
Two or three from:
Advanced Issues in Financial Reporting
The module will cover some or all of the following topics:
- Positive Accounting Theory
- Voluntary disclosure
- Corporate governance
- Earnings quality
- Payout policy
Financial Statement Analysis
The module prepares you to analyse the financial performance of companies, to assess their prospects and to estimate their valuation.
The module is structured primarily from the point of view of investors and analysts, rather than from a company perspective. The module teaches you both theoretical and practical understanding of the financial performance of companies, and how to apply it for valuation.
Management Accounting and Control
This module will cover some or all of the following:
- Introduction to management accounting and control
- Management Accounting and Control Systems (MACSs) and technology
- MACSs and strategy
- MACSs and innovation
- MACSs in multinational organisations
- Inter-organisational MACSs
- MACSs in developing countries
- MACSs in public sector organisations
- MACSs and sustainability
- Methodological issues in management accounting research
One or two from:
Behavioural Economics and Decision Making
The module is split into two parts. The first part focuses upon the methods and models associated with behaviour. These sessions will introduce key concepts in bounded rational behaviour and apply these to specific economics models and financial markets.
The second part of the module concentrates on designing your own experiment and interpreting empirical results. You will analyse studies of bounded rational behaviour, labour markets, asset markets, experimental behavioural finance, social dilemmas, preferences, public goods, reciprocity, bargaining and contests.
The module will be interactive, you will undertake experiments and analyse results.
The module covers:
- perspectives on corporate governance
- instruments of governance; active shareholders, board of directors, organisational and financial structure, executive remuneration
- the market for corporate control
- government and governance
- comparison of national approaches to governance
The module will provide an introduction to modern econometric techniques for modelling financial data. It covers relatively advanced econometric techniques such as dynamic panel data modelling, generalised methods of moments, multinomial models, selection models GARCH, risk measurement and continuous time models.
This module examines contemporary developments in the theory and practice of international financial management. It includes analysis of foreign exchange markets and international financial markets, including international banking and the Euromarkets.
Emphasis is placed on discussion of risk management techniques to protect against both currency and political risks. Both long term international investment and financing decisions and short-term exporting decisions form part of the module.
The Economics of Strategy and Market Structure
The module uses a game-theoretic approach to analyse strategic firm-behaviour. It intends to cover topics from industrial economics such as competition, market entry, product differentiation, leader-follower, and merger and acquisition.
Venture Capital and Private Equity
The module covers venture capital and private equity provide risk capital to firms at various stages of their life-cycle. This involves selecting investments, structuring deals, valuation of investment opportunities, leveraged buyouts (LBOs), managing portfolio firms, and exit.
The above is a sample of the typical modules that we offer but is not intended to be construed and/or relied upon as a definitive list of the modules that will be available in any given year. Due to the passage of time between commencement of the course and subsequent years of the course, modules may change due to developments in the curriculum and information is provided for indicative purposes only.