Module description
What is the module about?
The Financial Management module is an intermediate finance course that builds upon your existing knowledge to explore fundamental financial theories underpinning crucial financial management decisions. You will address pivotal financial questions such as: How should your business raise capital, and for what purpose? Should capital be sourced through debt or equity investors, and how much debt is optimal? What returns must you generate for your shareholders, and should dividends be distributed? What are your business’s working capital requirements, and how will these needs be financed?
These essential questions regularly confront business leaders worldwide. Throughout this ten-week module, you will discover that while some solutions emerge clearly from established financial theories, others rely heavily on strategic judgment due to inherent business uncertainties. By the end of the course, you will appreciate that Financial Management, in practice, is as much an art as it is a science.
Who should do this module?
Anyone interested in managing a business from a financial perspective and comfortable with mathematical calculations. Students should be prepared to understand and apply key concepts and analytic skills independently, rather than relying on a formula sheet in assessment.
Provisional Workshop Outline
Workshop 1: Investment Appraisals
Workshop 2: How Financial Managers Marke Investment Decisions
Workshop 3: Project Analyses
Workshop 4: Financing Decision
Workshop 5: Payout Policy
Workshop 6: Capital Structure Decision
Workshop 7: Further Concerns of Financial Leverage
Workshop 8: Investment Decision with Financial Leverage
Workshop 9: Working Capital Management
Workshop 10: Revision
Assessment details
20% Midterm
80% Exam
Teaching pattern
Weekly workshops
Suggested reading list
Key text or background reading
Brealey, Myers, Allen, and Edmans Principles of Corporate Finance, 14th Edition.