Finance for Managers

 

Teaching Hours and Credit Allocation:	30 Hours, 6 Credits
Course Assessment:	Coursework & Exam

 

Aims

The aim of this course is to provide the students a basic understanding of the foundations of modern finance theory. Both theoretical and practical topics are covered in the context of this course that aims at enhancing the skills of the financial manager. This will be achieved through the development of a common vocabulary and a set of tools that will assist students in gaining a basic understanding of what the modern finance theory consists of and it will lay the foundations for more specific topics that follow.

 

Learning Outcomes

During this course students will:

• Understand the fundamental principles of modern finance theory;
• Apply the foundations of capital budgeting decisions;
• Understand the foundations of valuing assets;
• Appreciate the mechanics, operations and behaviour of capital markets;
• Understand the principles of risk in capital markets;

Knowledge and Understanding

• Understand the fundamental principles of modern finance theory;
• Apply the foundations of capital budgeting decisions;
• Understand the foundations of valuing assets;
• Appreciate the mechanics, operations and behaviour of capital markets;
• Understand the principles of risk in capital markets;

 

Content

The course aims to develop practical skills and this requires substantial time in practising with problems, exercises, quizzes and other such learning drills.

• Understanding financial markets and institutions
• The time value of money
• The valuation and characteristics of bonds
• The valuation and characteristics of stocks
• Estimating risk and return
• Calculating the cost of capital
• Estimating cash flows on capital budgeting
• Capital budgeting techniques
• Assessing long-term debt, equity and capital structure
• Dividend policy and internal financing