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The main objective of this course is to introduce the fundamental financial concepts that are used to analyze the financial performance of a firm.
The Business Finance Environment. Financial Decision Making. Financial (Accounting) Statements and Their Interpretation. Investment Decisions. Investment Appraisal Methods. Practical Aspects of Investment Appraisal. Risk in Investment Appraisal. Portfolio Theory. Financing Decisions. Sources of Long-term Finance. The Secondary Capital Market (the Stock Exchange). Cost of Capital Estimations and the Discount Rate. Gearing. The Cost of Capital. Shareholders’ Wealth. The Dividend Decision. Management of Working Capital. Corporate Restructuring. Takeovers and Divestments. International Aspects of Business Finance. Small Businesses.
Upon succesful completion of this course, a student will be able to
1. Define the fundamental financial concepts that are related to the performance of businesses
2. Recognize the importance of financial decision making in the success of businesses
3. Identify the risk in the investment decisions
4. Interpret the financial statements
5. Discover the applications of financial concepts in the global business environment