The objective of the course is to introduce the student of management science to the fundamentals of financial management. To this end, the course revolves around the functions of the financial system, the concept of time value of money, corporate investment and financing decisions, investment appraisal criteria and security pricing. Students will get a chance to test their understanding of the concepts and tools covered in lectures via either an elective group coursework or a real business case study.
The course material includes the following thematic areas:
- The financial system
- Time value of money
- Investment evaluation criteria
- Asset pricing
- Financing decisions and the efficiency of capital markets