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Course Description
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Course Name
Corporate Finance 2
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Host University
Queen Mary, University of London
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Location
London, England
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Area of Study
Business Administration, Finance
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Language Level
Taught In English
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Prerequisites
-ECN371
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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.
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UK Credits
15 -
Recommended U.S. Semester Credits4
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Recommended U.S. Quarter Units6
Hours & Credits
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Overview
Credits: 15.0
Overlap: None
Prerequisite: ECN371This 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.
Eligibility for courses may be subject to a placement exam and/or pre-requisites.
Some courses may require additional fees.
Credits earned vary according to the policies of the students' home institutions. According to ISA policy and possible visa requirements, students must maintain full-time enrollment status, as determined by their home institutions, for the duration of the program.
Please reference fall and spring course lists as not all courses are taught during both semesters.
Please note that some courses with locals have recommended prerequisite courses. It is the student's responsibility to consult any recommended prerequisites prior to enrolling in their course.