Pre-requisite: 55502 or equivalent
Financial management is one of the major functional areas within a corporation. Sound financial management is crucial to a corporation's solvency and long-term profitability. This unit aims to introduce students to the basic responsibilities of a corporate financial manager. Coverage includes evaluation of investment and financing alternatives, working capital management, and determination of capital structure and dividend policy. Emphasis is placed on the analytical aspects of the decision making process to enable students to form their own judgment in the dynamic business world.