This unit introduces students to the theory and application of business finance. With the emphasis on publicly listed companies, topics covered include; the corporate objective of management; investment evaluation models; valuation of equity and debt instruments; issues in risk and return; portfolio theory; asset pricing models; cost of capital, issues in capital structure and ethics in business finance. The unit provides students with the necessary knowledge and skills in enabling business financial decision making to maximise firm’s value.
On successful completion of this unit, students will be able to:
This unit is studied as part of the following course(s):