BUSN9227 Financial Management

Dr Jak Kakhkharov

2012

4.5

1 x 1.5-hour tutorial weekly
1 x 2-hour seminar weekly

BUSN9226 - Accounting for Managers

BUSN9202 has been successfully completed

BUSN9233 (BUSN9208) Data Analysis for Decision Making and BUSN9230 (BUSN9205) Economics for Business

Master of Business Administration; Master of Business Administration (Advanced); Graduate Diploma in Business Administration; Graduate Diploma in Research (Business); Graduate Certificate in Business Administration

This topic introduces students to the major concepts and analytical tools used in the theory and practice of financial management. The topic will cover the role and objectives of financial management, business financial planning and ratio analysis, working capital management, risk and return, capital budgeting, the capital market, sources of finance, the cost of capital, operating and financial leverage, the financial structure decision and the dividend decision.

This topic aims to:

identify the major concepts and analytical tools used in the theory and practice of financial management
examine the role and objectives of sound financial planning and management in business organisations.

On successful completion of this topic, students should be able to:

distinguish the financial objectives governing an organisation's decision
forecast future cash flow needs and prepare budgets and pro forma financial statements
explain the factors influencing the appropriate level of working capital and how to manage cash and marketable securities, accounts receivable, inventory and payables
explain the relationship between risk and return, diversifiable and non-diversifiable risk, and their impact on asset pricing
explain the importance, role and techniques of capital budgeting within an organisation
value long-term debt, preference shares and ordinary shares, and to determine the cost of capital
define and calculate operating, financial and total leverage, and explain the implications for the target capital structure

Key dates and timetable

Timetable details for 2012 are no longer published.

This information is from current details held on the Student Information System. Please report any errors or omissions to the relevant College Office.