DESCRIPTION

The fundamentals of financial management are introduced from the perspective of the finance manager in a firm, namely those making investment, financing and dividend decisions. Finance theory is applied with the aim of providing a coherent framework and insights to assist in forming reasoned judgments. Topics include financial decision making – capital budgeting and investment evaluation, valuation of assets, projects and businesses, risk and return, an overview of the local debt and equity markets, capital structure decisions, management of equity and financial risk management. Case studies and financial planning models are used to provide context. The unit covers methods used in evaluating investment projects, and an introduction is given to the local debt and equity markets.