Course overview
The aim of this course is to engage students with the processes, practices and decision outcomes associated with investment and financing decisions made within businesses, and to equip students to undertake investment and financing analysis. The financial environment and the role of finance in business: financial objectives of firms, financial mathematics, cash flow, time value of money; financial markets and sources of finance.
Investment evaluation: net present value and other criteria; risk and uncertainty in capital investment decisions.
Capital structure and cost of capital: intermediate and long term funding; debt valuation; equity models, dividend valuation, capital asset pricing model; weighted average cost of capital; theoretical debate on capital structure and the value of the firm; leverage.
Course learning outcomes
- Explain models for valuing debt and equity instruments, and their limitations
- Appraise methods for evaluating investment decisions
- Evaluate the rationale for using various forms of funding and their implications for the value of the firm
- Appraise the conflicting requirements of investment, retention of profits and returns to owners in an international context
- Demonstrate Business Enterprise Skills in the context of Finance: i) Self-Management (intermediate level); and ii) Problem Solving (intermediate level).
Availability
Class details
Online
Class number 2150
Section 01OL
Size 30
Available 3
Notes:
Class details
Online
Class number 4144
Section 01OL
Size 500
Available 491
Notes:
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