|Faculty or Section :||Faculty of Business, Education, Law and Arts|
|School or Department :||School of Business|
|Student contribution band :||Band 4|
|Grading basis :||Graded|
|Version produced :||20 May 2022|
This is an introductory finance course which presents basic financial concepts and tools for students without any prior knowledge of finance. The main focus of this course is to provide conceptual frameworks and introduce specialised tools to help students understand on how to create market value for the firm. The focus on market value contributes a unique finance-based perspective that assists students to develop a broader understanding of the management and operation of business enterprises.
The objective of the financial manager is to create market value for shareholders. In this course, the concepts and tools that are needed to make decisions consistent with an increase in the market value of the firm's shares are examined. The concepts and tools that are covered include free cash flow, interest rates and market efficiency, the time value of money and the valuation of future cash flows, risk and return, bond and share valuation, capital budgeting, the cost of capital, working capital management, capital structure and dividend policy.