Module Details

Module Code: BULD8005
Title: Corporate Constr. Finance
Long Title: Corporate Construction Finance
NFQ Level: Advanced
Valid From: Semester 1 - 2022/23 ( September 2022 )
Duration: 1 Semester
Credits: 5
Field of Study: 5821 - Building Science
Module Delivered in: 4 programme(s)
Module Description: In this module, the principles that underpin the corporate and project financial decision making process within the construction sector are studied.
 
Learning Outcomes
On successful completion of this module the learner will be able to:
# Learning Outcome Description
LO1 Interpret the financial statements of construction companies.
LO2 Engage in investment decision making for construction companies and total project life cycle costing.
LO3 Analyse how the domestic and international economic environment can affect corporate and project capital availability.
LO4 Design appropriate strategies to enable construction companies to engage in corporate and financial expansion.
LO5 Determine how the working capital of a construction company should be managed efficiently.
Dependencies
Module Recommendations

This is prior learning (or a practical skill) that is strongly recommended before enrolment in this module. You may enrol in this module if you have not acquired the recommended learning but you will have considerable difficulty in passing (i.e. achieving the learning outcomes of) the module. While the prior learning is expressed as named MTU module(s) it also allows for learning (in another module or modules) which is equivalent to the learning specified in the named module(s).
Incompatible Modules
These are modules which have learning outcomes that are too similar to the learning outcomes of this module. You may not earn additional credit for the same learning and therefore you may not enrol in this module if you have successfully completed any modules in the incompatible list.
No incompatible modules listed
Co-requisite Modules
No Co-requisite modules listed
Requirements

This is prior learning (or a practical skill) that is mandatory before enrolment in this module is allowed. You may not enrol on this module if you have not acquired the learning specified in this section.
No requirements listed
 
Indicative Content
Financial Statements
Company reports, reading financial accounts, taxation and audits, financial analysis tools.
Investment Decision Making
Investment appraisal principles, investment diversification, analytical decision making, cost benefit analysis, life cycle costing.
Company Valuation
Company capital structure, funding sources, cost of capital, risk (Betas and Gearing), dividend policy, capitalization issues.
Working Capital Management
Financing working capital, controlling liquidity, controlling stocks, controlling debtors.
External Expansion for Construction Companies
Mergers, acquisitions, strategic alliances, regulation of mergers, merger/take-over defences.
Module Content & Assessment
Assessment Breakdown%
Coursework20.00%
End of Module Formal Examination80.00%

Assessments

Coursework
Assessment Type Short Answer Questions % of Total Mark 20
Timing Week 6 Learning Outcomes 1,2
Assessment Description
One hour exam
End of Module Formal Examination
Assessment Type Formal Exam % of Total Mark 80
Timing End-of-Semester Learning Outcomes 1,2,3,4,5
Assessment Description
End-of-Semester Final Examination
Reassessment Requirement
Repeat examination
Reassessment of this module will consist of a repeat examination. It is possible that there will also be a requirement to be reassessed in a coursework element.

The University reserves the right to alter the nature and timings of assessment

 

Module Workload

Workload: Full Time
Workload Type Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact Theory on course topics and worked examples. Every Week 3.00 3
Independent & Directed Learning (Non-contact) Non Contact Review of lecture notes and recommended material. Every Week 4.00 4
Total Hours 7.00
Total Weekly Learner Workload 7.00
Total Weekly Contact Hours 3.00
Workload: Part Time
Workload Type Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact Theory on course topics and worked examples. Every Week 3.00 3
Independent & Directed Learning (Non-contact) Non Contact Review of lecture notes and recommended material. Every Week 4.00 4
Total Hours 7.00
Total Weekly Learner Workload 7.00
Total Weekly Contact Hours 3.00
 
Module Resources
Recommended Book Resources
  • Rogers, M & Duffy, A. (2012), Engineering Project Appraisal, 2nd ed.. Blackwell Science, [ISBN: 9780470672990].
Supplementary Book Resources
  • Parker.R.H. (2007), Understanding Company Financial Statements, 6th ed.. Penguin Business, [ISBN: 9780141032719].
  • John D. Finnerty. (2013), Project financing, 3rd ed.. John Wiley, [ISBN: 9781118394106].
This module does not have any article/paper resources
This module does not have any other resources
 
Module Delivered in
Programme Code Programme Semester Delivery
CR_CCNMG_8 Bachelor of Science (Honours) in Construction Management 7 Elective
CR_CQTSU_8 Bachelor of Science (Honours) in Quantity Surveying 7 Elective
CR_CCOPM_9 Master of Science in Construction Project Management 1 Elective
CR_CCNPM_9 Postgraduate Diploma in Science in Construction Project Management 1 Elective