Learning Outcomes:
Upon completion of this module participants should be able to:
• Discuss potential financial objectives of organisations, and necessary protections for the providers of capital;
• Evaluate the financing requirements of an organisation, and the optimal strategies for meeting those requirements via debt, equity and other sources of capital;
• Evaluate investment opportunities, including mergers and acquisition.
Indicative Module Content:
-Goals and Governance of Companies
-The Time Value of Money
-Valuation (Bonds & Equities)
-Risk & Expected Return (CAPM, WACC)
-Capital Structure (Modigliani & Miller)
-Dividend Policy and Share Buybacks
-Working Capital Management
-Investment Appraisal
-Mergers, Acquisitions and Corporate Control