AIN2710 - Corporate Finance for Actuarial Studies

Year of Study:2-4
Credit Units: 3
Duration: 45hours
Prerequisites: Nil
Module Description
This module introduces the fundamental concepts in corporate finance which are essential for
actuarial studies. Topics include the structure of corporation, time value of money and law of
one price, risk and project analysis, stock price valuation, various forms of capitals and
capital structure, long-term and short-term financing.
Learning Outcomes
Upon completion of this module, students should be able to:                                  Weighting
(if applicable)
a. apply the concepts in corporate finance in various business problems,                  45%
including project analysis and stock valuations;

b. analyse the effects of capital structure of company, agency costs,                          30%
asymmetric information, risk and return in corporate decision making;

c. discuss the issues and choices involved in a firm’s capital structure                        25%
decision and distribution decision.

Total: 100%