I. Course Description
The aim of the course is to bring to your cognizance the theoretical and practical tools used in financial management and how issues relating to financial management are handled. The course content consists basically of issues relating to how finance is managed in various organizations.
II. Learning Outcomes:
Upon successful completion of the course, student should be able to:
1. Describe what the subject financial management is about.
2. Explain the five principles of finance that form the basis of financial management for both businesses and individuals.
3. Describe the structure and functions of financial markets.
4. Describe the content of the four basic financial statements and discuss the importance of financial statement analysis to the financial manager.
5. Understanding budgeting capital to apply the net present value criterion to complex capital budgeting problems.
6. Identify the key features of bonds and describe the difference between private and public debt markets.
7. Identify the basic characteristics and features of common stock and use the discounted cash flow model to value common shares.
8. Use the profitability index, internal rate of return, and payback criteria to evaluate investment opportunities.
9. Understand the concepts underlying the firm’s overall cost of capital and the purpose for its calculation.