Please note: there may be some adjustments to the teaching arrangements published in the course catalogue for 2020-21. Given current circumstances related to the Covid-19 pandemic it is anticipated that some usual arrangements for teaching on campus will be modified to ensure the safety and wellbeing of students and staff on campus; further adjustments may also be necessary, or beneficial, during the course of the academic year as national requirements relating to management of the pandemic are revised.

Financial Markets and Corporate Finance ECON4013

  • Academic Session: 2022-23
  • School: Adam Smith Business School
  • Credits: 15
  • Level: Level 4 (SCQF level 10)
  • Typically Offered: Semester 2
  • Available to Visiting Students: Yes
  • Available to Erasmus Students: Yes

Short Description

The course introduces students to a wide array of topics within Corporate Finance and provides them with the necessary knowledge and skills to tackle corporate finance problems.


Lectures: 20 hours (2 hours per week for 10 weeks)

Tutorials: 4 hours (4 x 1 hour tutorial)

Tutorials are held at various times and can be selected on MyCampus.

Requirements of Entry

Entry to an Honours programme in Economics or a minimum grade C3 (average) in Economics 2A and 2B for students taking an Honours programme in another subject.

Excluded Courses



ILO (covered)



Word Length/Duration


Group project/presentation


Around 10 minutes


Degree exam


90 minute exam (2 of 4 questions to be answered; fixed start time with 2 hours to complete)

Main Assessment In: April/May

Are reassessment opportunities available for all summative assessments? Not applicable

Reassessments are normally available for all courses, except those which contribute to the Honours classification. Where, exceptionally, reassessment on Honours courses is required to satisfy professional/accreditation requirements, only the overall course grade achieved at the first attempt will contribute to the Honours classification. For non-Honours courses, students are offered reassessment in all or any of the components of assessment if the satisfactory (threshold) grade for the overall course is not achieved at the first attempt. This is normally grade D3 for undergraduate students and grade C3 for postgraduate students. Exceptionally it may not be possible to offer reassessment of some coursework items, in which case the mark achieved at the first attempt will be counted towards the final course grade. Any such exceptions for this course are described below.

Course Aims

The main aims of this course are to:


The course aims to provide students with a sound knowledge of corporate finance theories and techniques and the appropriate skills to demonstrate and apply them. The course will make students understand how companies formulate decisions regarding corporate governance, capital structure, and mergers and acquisitions. The course will also demonstrate how firms raise different types of debt and equity financing.

Intended Learning Outcomes of Course

By the end of this course, it is intended that students should be able to:


1. Demonstrate clear understanding of applied corporate finance topics

2. Understand, analyse and apply key concepts with corporate finance

3. Demonstrate your critical thinking through presentations, discussions and exams

4. Critically discuss literature related to the operation of financial markets.

5. Demonstrate clearly in written and oral formats in groups or individually

6. Work collaboratively in a group to produce a combined piece of coursework, by liaising with other class members, allocating tasks and co-ordinating group meetings.

Minimum Requirement for Award of Credits