FINC20006 Organisational Finance

This course enbles students to: use financial mathematics for various financial decisions; understand and critically evaluate "finance" articles appearing in the financial press; join in rational financial decision making in your organisation and be appreciative of the progress in finance engendered by theoretical and empirical research. Successful achievement of these objectives will require your dedicated attention. Finance is a difficult area, requiring strong quantitative ability, sound reasoning skills, and a good retentive faculty. Topics include: Introduction to finance; Introduction to accounting and finance, terminology and relationships; Financial maths, interest rates, valuation; Capital budgeting; Introduction to risk portfolio theory; Capital asset pricing model - arbitrage pricing theory; Risk analysis in capital budgeting; Capital markets - raising equity; Raising debt, Capital structure; Working capital management and Dividend policy.