Corporate Financial Management aims to equip learners with an understanding of mergers, takeovers and capital markets.
Main Topics of Study:
Mergers and Takeovers
- Reasons for growth
- ~Horizontal
- ~Vertical
- ~Conglomerate integration
- Financing of growth
Stock exchanges
- Stock exchanges around the world
- Globalisation of financial flows
- The Importance of stock exchanges
- Equity markets available to companies
- How stock exchanges work
- Regulation
Sources of Finance
- Stock markets
- Raising equity capital
- Long-term debt finance
- Short and medium-term finance and decision making, treasury and working capital management
- Stock market efficiency
- Stock, Bond and Business Valuation
- Dividend Decision
- Cost of Capital
Managing Risk
- Derivatives
- Managing exchange-rate risk
Example Candidate Response Booklet
Example Candidate Response (ECR) Booklets are a source of crucial information for Centres and Candidates as they use real candidate responses. We ask Senior Examiners to comment on five or more responses in terms of why the mark was awarded with commentary about how to improve the answer (if necessary).