The course will consider the corporate entity and how it operates in the business world. Students will apply a market driven theory of ethically based, strategic financial decisions. Important issues include the return and risk of the activity in which they invest the size of the investment, and the sources of financing the investment. Each decision is a part of the overall financial strategy that adds value to the shareholder. Topics include a managerial approach to financial analysis, planning, and control. Management of working capital, long-term assets, and long-term financing are also dealt with.

Includes analytical and decision making approaches to challenges confronting financial management. Areas such as planning, controlling & financing current operation, and long-term capital commitments, management of cash flow, evaluation of income producing property are included.


Course Objective

The course is intended to acquaint students with the knowledge and tools of financial management in business enterprises.

The objective of the course is to introduce students to the fundamental concept of insurance and risk management. Emphasis will be made in defining the role of risk management in the corporate setting and the national economy in general. Concept of risk and risk management techniques as applied in the insurance industry will be considered in a broader business context.

An advanced study of the financial management of business firms. Special emphasis is placed on areas of major interest from both applied and theoretical points of view.

Areas covered include capital budgeting, capital valuation, capital structure, mergers and acquisitions, leasing, international investments and financing decisions, cash flow estimation, and short-term asset management.