FINC20009 Advanced Finance

On completion of this course you should be able to:

• understand a broad range of theories used in developing financial decision making tools
• evaluate aspects of the theoretical research which has been carried out
• apply prescriptive rules to the solution of corporate financial problems
• appreciate the vast amount of work still to be done in establishing a cohesive theory of finance.

Topics include: Review of basic introductory principles; Corporate decision making and valuation under certainty; Capital budgeting, cash flow definition and estimation; Decision making under uncertainty; Portfolio formation and estimation; CAPM and APT (market equilibrium): Review of efficient markets, theory; Capital budgeting under uncertainty; Capital structure theory; Capital structure - evidence and application; Dividend policy; Mergers and Acquisitions; International finance, theory and application.