Business Finance (ACC211)

This course is designed to introduce and provide a basic knowledge of financial management decision making. It is structured to provide students of varying backgrounds with some insight for the necessity to consider the financial implications of management decisions. 

As such, it steers a middle course between a rigorous, formal discussion and derivation of major results from finance theory and a purely intuitive and descriptive treatment. Sound financial management is crucial to a firm's solvency and long term profitability. 

Therefore coverage of the course includes financial decisions, the concept of risk, asset pricing models (CAPM and APT), investment evaluation techniques, options and other derivatives, capital markets, dividend policy, taxation, acquisitions and treasury risk management.

Students enrolled in this course should check the course Canvas site to ensure that they are accessing the most recent approved version of the course outline.

Course Topics:

• The Time Value of Money
• Equity Markets and Share Valuation
• Capital Budgeting
• Risk and Return
• Cost of Capital
• Leverage and Capital Structure Policy
• Dividend Policy