This module is a first course in financial management for MBA students with modest exposure to the subject. The module aims to provide an understanding and working knowledge of the theories and techniques of finance to enable the student to participate in strategic management exercises requiring financial knowledge. In addition the module will provide the background necessary to undertake some of the specialised finance courses available as options in the Spring/Summer Terms. The module will cover topics related to the nature of financial management, investment appraisal with and without capital rationing, use of sensitivity analysis in project selection, financing of companies including valuation of bonds and equities, relevance of cost of capital in selecting a capital structure, and dividend policy decisions. |