Financial Markets And Corporate Finance

University of Glasgow

Course Description

  • Course Name

    Financial Markets And Corporate Finance

  • Host University

    University of Glasgow

  • Location

    Glasgow, Scotland

  • Area of Study

    Economics, Finance, Financial Management

  • Language Level

    Taught In English

  • 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

  • Scotcat Credits

    15
  • Recommended U.S. Semester Credits
    4
  • Recommended U.S. Quarter Units
    1
  • Overview

    The first part (lectures 1-6) discusses mergers and acquisitions, the Capital Asset Pricing Model (CAPM) andmulti-factor models and arbitrage pricing theory.The second part (lectures 7-12) analyses the key concept of the Efficient MarketsHypothesis (EMH) and explains the basic concepts that underlie dividend policy choice andthe capital structure decisions of the firms. This analysis is necessary in order to assesshow much compensation should shareholders receive and whether the choice of debt toequity mix matters. Furthermore, we explain the sources and patterns of corporate financingand present an overview of the process involved in raising capital. In the third part (lectures13-16) published papers related to corporate financing and in particular, firms' real decisionsunder capital market imperfections are presented and discussed. The fourth part (lectures17-19) focuses on the role of the financial system. We provide an overview of theUK andthe international financial market, how they operate and the issues of financial innovationand regulation in these markets. Finally, in lecture 20 we revise the key points of the course.

Course Disclaimer

Courses and course hours of instruction are subject to change.

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.

ECTS (European Credit Transfer and Accumulation System) credits are converted to semester credits/quarter units differently among U.S. universities. Students should confirm the conversion scale used at their home university when determining credit transfer.

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.