Imperial College London

Professor Franklin Allen

Business School

Executive Director of the Brevan Howard Centre
 
 
 
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Contact

 

+44 (0)20 7594 9195f.allen Website CV

 
 
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Location

 

2.05B52-53 Prince's GateSouth Kensington Campus

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Summary

 

Investments & Risk Management  - BS5006

Aims

After considering the nature of the risks faced by a corporation, the module will focus on those risks that can be mitigated or transferred using financial and insurance markets. The module will analyse the reasons why a firm would decide to hedge or insure some of their risks, how best to effect this and some of the dangers if implemented poorly.

The module aims to give a better understanding on the nature of risks faced by firms and how and why corporates would use financial and insurance markets to mitigate some of these risks. The emphasis will be on teaching these ideas through case examples and contributions from guest speakers with direct experience of the topics and cases covered in class. 

 

Role

Course Leader

Corporate Finance  - BS1204

Role

Course Leader

Corporate Finance - BS5004

Aims

The module is divided into two related parts: financing and operating a business. During the first part of the module, the perspective adopted is that of the Chief Operating Officer while in the second part the focus is that of the Chief Financial Officer

First part: A firm can create competitive advantage through efficient and effective management of its operations. The focus of “operating a business” is to examine the strategic role that the operations function can play, and offer tools and techniques that firms can use for execution. We cover key concepts of operations management including the analysis of process flows and bottlenecks, capacity planning, inventory and supply chain management and quality management. These concepts and tools will be applied to both manufacturing and service operations problems.

Second part: The primary focus of “financing a business” is the capital structure and payout question - how to fund the core business and any new projects as efficiently as possible. To address this question, it is necessary to introduce the central concepts of modern finance theory including the pricing of risk, efficient markets and corporate finance theory. The aim of the financing part of the module aims to give an understanding of the framework, concepts, and tools in modern financial theory for analysing financial decision making. In particular, it applies these tools to the capital structure question and how a business can minimise its cost of capital. The module also reviews the alternative forms of financing a project or an acquisition. Cases are used to illustrate the complexities of real-world situations and develop decision-making ability.

Role

Course Leader