Corporate Finance 2

Queen Mary, University of London

Course Description

  • Course Name

    Corporate Finance 2

  • Host University

    Queen Mary, University of London

  • Location

    London, England

  • Area of Study

    Business Administration, Finance

  • Language Level

    Taught In English

  • Prerequisites

    -ECN371

  • Course Level Recommendations

    Upper

    ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.

    Hours & Credits

  • UK Credits

    15
  • Recommended U.S. Semester Credits
    4
  • Recommended U.S. Quarter Units
    6
  • Overview

    Credits: 15.0
    Overlap: None
    Prerequisite: ECN371

    This module is part of a two-module sequence that studies how firms make their investment decisions and design their capital structure. This second part deals with issues of capital structure, mergers and acquisitions, and looks at topics of capital structure and asymmetric information and corporate governance. Topics covered include: the Modigliani-Miller theorems, optimal debt/equity mix with taxes and costly bankruptcy, bankruptcy costs and debtholder-equityholder conflicts, managerial incentives, basic credit rationing models with asymmetric information, optimal capital structure and agency costs, the information conveyed by financial decisions, and corporate governance models. Prerequisite: ECN371

    Assessment: 20.0% Coursework, 80.0% Examination
    Level: 6

Course Disclaimer

Courses and course hours of instruction are subject to change.

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