Further Details
Course Syllabus:
Unit 1: Introductory Issues and Concepts,
* Introduction
* Objectives
* Role of the financial manager
* The finance decision
* Concept of value
* Value determinants
* Risk-return trade-off
* The accountant versus the strategist
* Delivering value
* Limitations on value-creating behaviour
* Corporate governance
* Summary
Unit 2: Company Valuation,
* Introduction
* Objectives
* Valuation of quoted companies
* Valuing unquoted companies using alternative valuation techniques
* Shareholder value analysis (SVA)
* Summary
Unit 3: Investment Decisions,
* Introduction
* Objectives
* Investment decisions and appraisal methods
* Investment appraisal techniques
* Discounting methods/discounted cash flow (DCF)
* Applications of project appraisal
* Risk and uncertainty in project appraisal
* Summary
Unit 4: Financing Decisions,
* Introduction
* Objectives
* Financial planning
* Working capital management
* Sources of long-term finance
* Summary
Unit 5: Required Return on Investment,
* Introduction
* Objectives
* Cost of debt
* Cost of equity (Return required by shareholders)
* Capital Asset Pricing Model (CAPM)
* Required rate of return when equity and debt are combined
* Gearing and company value
* Summary
Unit 6: Delivering Value,
* Introduction
* Objectives
* Total shareholder return (TSR)
* Theories of dividend policy
* Evaluation of the irrelevance argument
* Objections to divided irrelevance
* Divided policy: key determinants
* Share buy-backs
* Summary.
Payment plans are available on request.
Guide price
£285; inc ASET registration and tutorial support |
