THE INSTITUTE OF FINANCE MANAGEMENT
COURSE NAME: MSc. FINANCE AND INVESTMENT
SUBJECT NAME: ADVANCED CORPORATE FINANCE
SUBJECT CODE: AF 09103
Dr. Ngole, S; and Dr. Mnzava. B
LECTURERS
Sub-Enabling Outcomes/ Objectives
At the end of the end of the course, students should be able to;
1. Plan for Maximizing the Value of the Organization
2. Manage Current Assets and Liabilities of the Organization
3. Design and Implement Credit Policy
4. Construct Short and Long Term Plans for the Organization
5. Appraise Alternative Sources of Finance
6. Plan and manage Issuance of Corporate Securities [Debt and Equity]
7. Assess the Cost of Alternative Sources of Finance
8. Formulate Organization Dividend Policy
9. Evaluate Mergers and Acquisitions
Course Contents/ Main Topics
1. Overview of Financial Management
2. Capital Budgeting Techniques
3. Capital Structure
4. Cost of Capital
5. Appraise Alternative Sources of Finance
6. Working Capital Management
7. Dividend Policy
8. Mergers and Acquisitions
Module Prerequisite: None
Delivery Methods [Learning Context]:
The module will be taught through lectures, seminars, group discussions and presentations.
Additionally experts from work places may be invited to deliver lectures on specific areas
relevant to the module or topic under review. If time allows, students will be given the
opportunity to visit working places to have the practical side of the subject matter.
Learning Materials:
Major learning materials to be used include textbooks, journals, lecture notes and handouts,
internet resources and slide presentations.
Integrated Method of Assessment:
Coursework 50%
End of semester examination 50%
Required Readings:
1. Ogden, JP, F.C. Jen and P.F. O’Connor, 2003, Advanced Corporate Finance: Policies and
Strategies, Prentice Hall, New Jersey
2. Glen Anorld., 2005, Corporate Financial Management, Third Edition, Prentice Hall,
England.
3. Chew, D.H., 2001, The New Corporate Finance: where theory meets practice, McGraw
Hill, New York.
4. Copeland, T.E., Weston, J.F., and Shastri, K., 2005, Financial Theory and Corporate
Policy, latestEdition, Pearson Education, Boston
5. Constantinides, G.M. and R.M. Stulz, Handbook of the Economics of Finance: Volume
1A Corporate Finance, Elsevier, Amsterdam
Recommended Readings:
1. Joseph P. Ogden, Frank C. (2003), ‘Advanced corporate finance’ Prentice
Hall in Upper Saddle River, NJ
2. Berk Jonathan (2007), Corporate Finance’ Boston Mass: Pearson Addison Wesley
3. Brealey R. A Myers and Allen F (2006) “Principle of Corporate Finance 9th edition MC
Graw-Hill
4. Tirole Jean (2006) ‘The Theory of Corporate Finance’ Princeton University press’