BA Modern History with Economics

' Introduction to finance
- Financial instruments
- Securities
- Capital structure and dividend policy
- Cost of capital
- Capital investment appraisal

This module will be delivered using lectures, workshops, and self-study. Canvas will be used to support the lecture and workshop materials with notes, questions, solutions, quizzes and discussion forums available for student feedback and support.

Pre-requisite course units have to be passed by 40% or above at the first attempt unless a higher percentage is indicated within this course outline. If the pre-requisite unit is defined as a compulsory course unit within your programme of study (Maths with Finance, IBFE, Accounting, BA Econ pathways for example) then progression onto the dependent unit is permitted as long as you have gained the appropriate amount of credit to progress on to the following year of your registered undergraduate programme.

Pre-requisites:BMAN10621 (A) or (B)Fundamentals of Financial Reporting or BMAN10501 Financial Reporting
 

This module aims to provide non-finance specialist students with a fundamental knowledge and understanding of corporate finance including an understanding of the financial instruments used by companies to raise finance and to manage financial risk.

After studying this module, students should be able to:
- use and apply the key terms used in corporate finance and investment management;
- discuss the key principles of corporate finance;
- explain the main sources of finance available to a business and evaluate the different ways in which a business can be formed and structured;
- critically discuss the characteristics of the main financial instruments in use by companies and describe the methods through which they can be issued;
- evaluate the different capital structure options available to a business;
- discuss the key issues to be considered by a company when deciding on a dividend policy;
- define and calculate the cost of capital for a business and explain its relevance to a business's investment decisions
-identify the key participants in the Financial Markets and discuss the roles of Financial Markets

Methods of delivery:

Lecture hours: 16 hours

Seminar hours: 4 hours

Private study:   80 hours

Total study hours: 100 hours

Total study hours: 100 hours split between lectures, classes, self study and preparation for classes, coursework and examinations.

Informal Contact Methods
1. Students can communicate with lecturers through the Canvas discussion forum, email, and individual appointments at a mutually convenient time
2. Online Learning Activities (blogs, discussions, weekly set of self-assessment questions)
3. Other: Revision session in week 9.

Formative assessment: students have to solve a weekly quiz on Canvas and submit it through TurnitIn. We provide general feedback on students’ performance on this assignment on a weekly basis during the lectures.

Summative assessment:  examination 100%

- Informal advice and discussion during lectures (which are highly interactive) and workshops.
- Online exercises and quizzes delivered through the Canvas course space.
- Responses to student emails and questions from a member of staff including feedback provided to a group via an online discussion forum.
- Specific course related feedback sessions - Revision Session in Week 9.
- Generic feedback posted on Canvas regarding performance on weekly quizzes and overall examination performance.
 

Brealey, R., Myers, S., and Allen, F., Principles of Corporate Finance, (11th edition) McGraw-Hill.
Hull, J., ’’Options, Futures and Other Derivatives’’, 9th Edition, Pearson.
 

Other staff involved: TBA

Pre-requisites: BMAN10621/10621(A) Fundamentals of Financial Reporting or BMAN10501 Financial Reporting

Co-requisites: N/A

Dependent courses: BMAN30091 Financial Derivatives and BMAN30242 Financial Engineering

Pre-requisite course units have to be passed by 40% or above at the first attempt unless a higher percentage is indicated within this course outline. If the pre-requisite unit is defined as a compulsory course unit within your programme of study (Maths with Finance, IBFE, Accounting, BA Econ pathways for example) then progression onto the dependent unit is permitted as long as you have gained the appropriate amount of credit to progress on to the following year of your registered undergraduate programme.

Programme Restrictions: This course is available as a free choice option to students who have received prior agreement from their registering School and is designed to be a self- contained introduction to corporate finance and financial instruments for those students who are not specialists in finance.

This course is NOT available to students on BA (Econ) Accounting, Finance, Accounting and Finance, Accounting and Economics and Economics and Finance, BA/BSc IBFE, BSc Management / Management (specialism), BSc International Management, BSc International Management with American Business Studies, BSc IT Management for Business.

BMAN20242 is available to study abroad and exchange students admitted through the University of Manchester International Programmes Office.

Tuition fees for home students will be £10,050 for the 2027/28 academic year. In England and Wales, tuition fees for home undergraduate students are subject to the Government fee cap, which the Government has announced will be £10,050 for the 2027/28 academic year.

Government policy is to increase the fee cap on an annual basis to reflect inflation (i.e. increasing costs), and the tuition fee home students pay in subsequent academic years will reflect any increases in the Government fee cap (which we will communicate to you as soon as we can in advance of the relevant academic year).

Tuition fees for international students will be £29,200 for the 2027/28 academic year. For subsequent academic years, the University reserves the right to increase the tuition fee by up to 7% each year, including to reflect rising costs associated with delivering our education and wider student experience.

For general information please see the undergraduate finance pages.

All students should normally be able to complete their programme of study without incurring additional study costs over and above the tuition fee for that programme. Any unavoidable additional compulsory costs totalling more than 1% of the annual home undergraduate fee per annum, regardless of whether the programme in question is undergraduate or postgraduate taught, will be made clear to you at the point of application. Further information can be found in the University's Policy on additional costs incurred by students on undergraduate and postgraduate taught programmes (PDF document, 91KB).

• Find out more from student finance
• Eligible UK students can apply for bursaries and scholarships
• Funding for EU and international students is on our country-specific pages
• Many students work part-time or complete a student internship