NBS8235 : Financial Planning and Investment
- Offered for Year: 2026/27
- Module Leader(s): Dr Zhonghao Jiang
- Owning School: Newcastle University Business School
- Teaching Location: Newcastle City Campus
Semesters
Your programme is made up of credits, the total differs on programme to programme.
| Semester 1 Credit Value: | 10 |
| Semester 2 Credit Value: | 10 |
| ECTS Credits: | 10.0 |
| European Credit Transfer System | |
Aims
The aim of this module is to provide students with a framework for the assessment of projects and investment opportunities within the firm, in the context of the regulatory and environmental constraints faced by the organisation.
Outline Of Syllabus
Firm Objectives – maximizing shareholder wealth: theory and evidence.
Project Planning and Evaluation – various tools to make investment decisions.
Forecasting Cash Flows – accounting flows, tax, working capital, cost allocation, transfer pricing, and international investment, etc.
Project Management – business models and creating value in projects and investments, real investment options, mergers and acquisitions, and capital structure, etc.
Project Financing – IPO, warrants and convertible bonds, financial leasing and operating leasing, and risk management, etc.
Financial Markets and Financial Models – the macroeconomic context of financial markets, the goal and decisions of financial organisations, the financial system and competitive process, and the conditional and unconditional models on mutual fund performance, etc.
Financial Anomalies and Investment Opportunities – price and style momentum, IPO short- and long-run performance, and investment value of analyst recommendations, etc.
Regulatory and Environmental Constraints – models dealing with competition, utilities, price cap, and environmental reporting, etc.
Teaching Methods
Teaching Activities
| Category | Activity | Number | Length | Student Hours | Comment |
|---|---|---|---|---|---|
| Guided Independent Study | Assessment preparation and completion | 1 | 50:00 | 50:00 | N/A |
| Scheduled Learning And Teaching Activities | Lecture | 14 | 2:00 | 28:00 | Present-in-Person Lectures |
| Guided Independent Study | Directed research and reading | 1 | 54:00 | 54:00 | N/A |
| Scheduled Learning And Teaching Activities | Small group teaching | 4 | 1:00 | 4:00 | Present-in-Person Seminars |
| Guided Independent Study | Independent study | 1 | 64:00 | 64:00 | N/A |
| Total | 200:00 |
Teaching Rationale And Relationship
The learning environment consists of lectures and seminars, combined with in-class learning activities. Lectures are based on formal notes that present, discuss, and analyse the key theories, concepts, and practical questions, supplemented by books, journal articles, policy and market-based reports. Seminars illustrate the material covered in lectures and are mainly based on numerical exercises and case studies. The teaching methods are designed to enable students to develop both a strong theoretical foundation and the practical understanding required to meet the intended learning outcomes.
Assessment Methods
The format of resits will be determined by the Board of Examiners
Exams
| Description | Length | Semester | When Set | Percentage | Comment |
|---|---|---|---|---|---|
| Written Examination | 180 | 2 | A | 100 | N/A |
Formative Assessments
Formative Assessment is an assessment which develops your skills in being assessed, allows for you to receive feedback, and prepares you for being assessed. However, it does not count to your final mark.
| Description | Semester | When Set | Comment |
|---|---|---|---|
| Written exercise | 2 | M | Class mock exam |
Assessment Rationale And Relationship
The exam tests the students' understanding of the subject.
Reading Lists
Timetable
- Timetable Website: www.ncl.ac.uk/timetable/
- NBS8235's Timetable