Learning Outcomes:
Upon completion of this module, students should have a good understanding of how firms work, the important role of corporate governance, why companies and individuals make the investment decisions that they do, and the role of ethics in finance. Students should also be able to value stocks and bonds, apply capital budgeting techniques in order to identify profitable investment projects, and understand the relationship between risk and return.
Indicative Module Content:
Topics Covered:
1. Introduction to Finance
2. Corporate Governance and Introduction to Agency Theory
3. Financial Statement Analysis
4. Discounted Cash Flow Valuation
5. Bond Valuation/Bond Markets
6. Equity Valuation/Equity Markets
7. Net Present Value and Other Investment Rules
8. Making Capital Investment Decisions
9. Risk Analysis, Real Options and Capital Budgeting
10. Risk, Return and CAPM
11. Factor Models and Arbitrage Pricing Theory
12. Agency Theory and Dividends