FINC20009 Investments - Analysis and Management

This course will enable students 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; and 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.