ULMS Electronic Module Catalogue
The information contained in this module specification was correct at the time of publication but may be subject to change, either during the session because of unforeseen circumstances, or following review of the module at the end of the session. Queries about the module should be directed to the member of staff with responsibility for the module.
Title BANKING AND FINANCE FOR COMMODITY BASED INDUSTRIES
Code EXED503
Coordinator Dr MT Ellington
Finance and Accounting
M.Ellington@liverpool.ac.uk
Year CATS Level Semester CATS Value
Session 2020-21 Level 5 FHEQ Second Semester 10

Pre-requisites before taking this module (other modules and/or general educational/academic requirements):
 

Modules for which this module is a pre-requisite:
 

Programme(s) (including Year of Study) to which this module is available on a required basis:
 

Programme(s) (including Year of Study) to which this module is available on an optional basis:
 

Teaching Schedule
  Lectures Seminars Tutorials Lab Practicals Fieldwork Placement Other TOTAL
Study Hours             0
Timetable (if known)              
Private Study 92
TOTAL HOURS 92

Assessment
EXAM Duration Timing
(Semester)		 % of
final
mark		 Resit/resubmission
opportunity		 Penalty for late
submission		 Notes
             
CONTINUOUS Duration Timing
(Semester)		 % of
final
mark		 Resit/resubmission
opportunity		 Penalty for late
submission		 Notes
Individual Report. This assessment takes place in semester 2 Reassessment Opportunity: Yes Penalty for Late Submission: Standard UoL penalty applies Anonymous Assessment: Yes  2000- words    100       

Aims

To introduce students working in commodity based industries to the modern theory of finance and financial management.
To examine the basic functioning of why banks exist, along with their duties as financial institutions.
With regard to commodity based industries, to explore theoretical concepts like the net present value, decision making under uncertainty, portfolio selection and the capital asset pricing model are introduced. These concepts serve as prerequisites for investment and financing decisions which are exemplified by an analysis of valuation of firms, capital structure decisions and dividend policy.

Learning Outcomes

(LO1) Students will be able to facilitate understanding of the main themes of modern Financial Management

(LO2) Students will be equipped with the tools and techniques used by financial managers

(LO3) Students will be able to interpret and critically examine the issues and controversies in Financial Management

(LO4) Students will have the necessary knowledge to study Finance at a higher level.

(S1) Organised and able to work under pressure

(S2) Problem solving skills

(S3) Commercial awareness

(S4) Numeracy

(S5) IT skills

(S6) International awareness

Teaching and Learning Strategies

Teaching Method 1:
Online Discussions
Description:
12 hours podcasting lectures and discussion forums

Teaching Method 2:
Online workbooks
Description:
8 hours online workbooks examining topics covered

Syllabus
 

An Introduction to Equity Markets
The Time-value of Money and Stock Valuation
Portfolio Theory
Capital Structure and Investment Appraisal
Bond Valuation
Banks and their Functions

Recommended Texts
Reading lists are managed at readinglists.liverpool.ac.uk. Click here to access the reading lists for this module.