Foundations of Corporate Finance
Core modulesThis module introduces you to the principles of corporate finance. You will learn how the basic tools and techniques of modern finance theory can be applied to analyse and improve the investment and financing decisions of the firm.
Topics covered include:
- Discounted cash flow and the Net Present Value (NPV) Rule.
- Capital Budgeting
- Methods of Financing
- Valuing Debt and Equity
- Capital Structure
- Dividend Policy
- Working capital management, leasing, and business risk management.
By the end of this module you will have:
- Discussed the key issues involved in capital budgeting decisions in the presence of taxes, inflation, etc.
- Understood models of capital structure and payout policy in the presence of market imperfections such as taxes
- Critically evaluated different techniques for appraising capital projects
- Learned to identify the optimum combination of debt and equity securities in a firm's capital structure
- Evaluated investment opportunities using the NPV method
- Used discounted cash flow techniques to value bonds and equities.
The is the opportunity to further explore this subject in the elective module International Financial Management.
More...