|Year of offer||2019|
|Subject level||Graduate coursework|
|Fees||Subject EFTSL, Level, Discipline & Census Date|
- comprehend the framework for the understanding of the principles underlying most of the important financial and investment decisions made by enterprises;
- be able to address with confidence the financial functions of management.
Intended learning outcomes
At the conclusion of the subject, students should understand the following concepts:
- The major financial problems faced by public and private firms. The specific problems of private firms are considered at length
- Techniques and instruments for managing risk. Especially insurance contracts and the use of hedging instruments such as futures contracts and swap contracts.
- Management of liquidity and working capital of the firm through bank lines of credit and trade credit.
- A broad understanding of the capital structure of the firm. In addition to the standard questions of debt v equity, long term v short term debt and fixed v floating debt, other forms of financing are considered, especially franchising and leasing.
- How firms use weighted average cost of capital in choosing projects. How real options affect the capital budgetting decision. How dividend imputation effects the WACC of firms.
- The essential features of relations between commercial banks and firms, and also investment banks and firms.
Last updated: 3 April 2019