Undergraduate Module Descriptor

LAW3194C: The Law of Corporate Finance

This module descriptor refers to the 2021/2 academic year.

Module Aims

The module provides a solid foundation in the complexities of corporate finance and its regulation, enabling you to both understand both the nature and strategic role of different financing options, as well as understanding some of the key laws and rules governing how finance is managed within a company and the financial liability of different stakeholders and agents in the event of corporate insolvency. In addition to an end of module exam, the course also continually assesses students through frequent mini-exams testing them on their reading, to truly ensure that students completing this module have a stronger command of the breadth of the law, practice and rules in this field.

This module is designed to students with a clinical and practice-oriented understanding of corporate finance law, in order to prepare them for a career in the commercial, legal or financial sector.

Intended Learning Outcomes (ILOs)

This module's assessment will evaluate your achievement of the ILOs listed here – you will see reference to these ILO numbers in the details of the assessment for this module.

On successfully completing the programme you will be able to:
Module-Specific Skills1. Evidence detailed knowledge and understanding of the principal features and key rules of corporate finance law;
2. Identify, critically appraise and explain issues and legal rules arising in the key areas of corporate finance law;
3. Provide accurate, detailed and reasoned advice in relation to different issues and challenges in corporate finance law.
Discipline-Specific Skills4. Understand and access a range of different sources of law and learning materials, using them appropriately to explain issues, critique arguments or provide answers;
5. Select, integrate and present coherently and reflectively, relevant law and legal/theoretical arguments from various sources;
Personal and Key Skills6. Manage relevant learning resources or learning strategies to develop own arguments and opinions with minimum guidance;
7. Communicate and engage in written arguments effectively and accurately in a manner appropriate to the discipline or in different contexts.

How this Module is Assessed

In the tables below, you will see reference to 'ILO's. An ILO is an Intended Learning Outcome - see Aims and Learning Outcomes for details of the ILOs for this module.

Formative Assessment

A formative assessment is designed to give you feedback on your understanding of the module content but it will not count towards your mark for the module.

Form of assessmentSize of the assessment (eg length / duration)ILOs assessedFeedback method
mini examsFive exams, five minutes each 1, 4online feedback

Summative Assessment

A summative assessment counts towards your mark for the module. The table below tells you what percentage of your mark will come from which type of assessment.

CourseworkWritten examsPractical exams
10000

...and this table provides further details on the summative assessments for this module.

Form of assessment% of creditSize of the assessment (eg length / duration)ILOs assessedFeedback method
Provision of Legal Advice 1251,000 words1-7Written feedback
Provision of Legal Advice 2753,000 words1-7Written feedback
0

Re-assessment

Re-assessment takes place when the summative assessment has not been completed by the original deadline, and the student has been allowed to refer or defer it to a later date (this only happens following certain criteria and is always subject to exam board approval). For obvious reasons, re-assessments cannot be the same as the original assessment and so these alternatives are set. In cases where the form of assessment is the same, the content will nevertheless be different.

Original form of assessmentForm of re-assessmentILOs re-assessedTimescale for re-assessment
Provision of Legal Advice 1Provision of Legal Advice 1 (1,000 words) 1-7August\September re-assessment period
Provision of Legal Advice 2Provision of Legal Advice 2 (3,000 words)1-7August\September re-assessment period