Corporate Finance

At the end of the course, students will be able

• Explain the role of the organisation’s financial managers to achieve organisational goals.
• Describe and evaluate the sources of corporate finance and explain the merits and demerits of sources of corporate finance.
• Appraise the risk profile of firms including estimation of cost of capital, debt and equity.
• Understand how risk and the cost of capital impact on investment appraisal and explain how such factors affect the value of a capital project.
• Approximate the organisation’s cost of capital and understand how this cost is impacted by taxation, “leverage” and other factors.
• Assess the external and internal influences on a corporation’s capital structure, payout policy and policy in respect of risk management (via insurance, derivatives, and other instruments).
• Explain how the corporation’s capital structure, payout policy and risk policy impact upon investment decisions.
•  Develop skills Excel worksheet skill to solve financial mathematical problems.