COURSE INFORMATION
Course Title: FINANCIAL MANAGEMENT
Code Course Type Regular Semester Theory Practice Lab Credits ECTS
BAF 234 B 4 3 0 0 3 5
Academic staff member responsible for the design of the course syllabus (name, surname, academic title/scientific degree, email address and signature) NA
Lecturer (name, surname, academic title/scientific degree, email address and signature) and Office Hours: Nertil Mera , Tuesday 09:00 AM - 11:00 AM
Second Lecturer(s) (name, surname, academic title/scientific degree, email address and signature) and Office Hours: NA
Teaching Assistant(s) and Office Hours: NA
Language: English
Compulsory/Elective: Compulsory
Classroom and Meeting Time: B-013: 14:30 - 17:15
Course Description: BAF 234 - Financial Management course aims to introduced to concepts and tools that enable them to think critically about the financial opportunities and challenges faced by an organization. This course covers different topics such as financial statements analysis, budgeting, analyze investment options, and determine the best means of financing business endeavors. This course allows students discover ways of assessing both the return and the risk involved in a firm's financial decisions. The focus of this course is on solving practical business problems similar to those encountered in the workplace.
Course Objectives: This course is designed to introduce students to the fundamental issues of financial management and to the quantitative techniques used to address them. The main focus of Financial Management is on valuation criteria and decisions on capital investment accounting for the cost of capital, risk and return. It helps to better understand the decisions on capital structure, dividend policies and the methods used by companies to raise capital.
COURSE OUTLINE
Week Topics
1 Review of Syllabus. Introduction to the course.
2 Review of Annuities, Perpetuities, NPV and Other Investment Criteria, Financial Statements
3 Making Capital Investment Decisions
4 Somme Lessons from Capital Market History
5 Quiz + Introduction to Risk and Return
6 Risk and Return
7 Review for Midterm Exam
8 Midterm Exam
9 Cost of Capital
10 Leverage and Capital Structure
11 Leverage and Capital Structure
12 Dividends and Dividend Policy
13 Raising Capital
14 Review Before Final Exam
Prerequisite(s): N/A
Textbook: Essentials of Corporate Finance, Stephan A. Ross, Randolph W. Westerfield and Bradford D. Jordan, 9th edition. (2017).
Other References: Fundamentals of Financial Management, Eugene F. Brigham and Joel F. Houston, Concise 9th edition, (2017).
Laboratory Work: N/A
Computer Usage: Possible
Others: No
COURSE LEARNING OUTCOMES
1 To understand the fundamental principles of financial management
2 To learn the generation and valuation of cash flows
3 To learn how to measure risk and return and how to use it in portfolio selection
4 To learn more on dividends, dividend policy, stock splits and reverse splits
5 To analyze complex, unstructured qualitative and quantitative problems, using appropriate tools and techniques
COURSE CONTRIBUTION TO... PROGRAM COMPETENCIES
(Blank : no contribution, 1: least contribution ... 5: highest contribution)
No Program Competencies Cont.
Bachelor in Business Administration (3 years) Program
1 Identify activities, tasks, and skills in management, marketing, accounting, finance, and economics. 4
2 Apply key theories to practical problems within the global business context. 4
3 Demonstrate ethical, social, and legal responsibilities in organizations. 4
4 Develop an open minded-attitude through continuous learning and team-work. 3
5 Use technology to enable business growth and sustainability. 4
6 Analyze data to make effective decisions. 5
COURSE EVALUATION METHOD
Method Quantity Percentage
Midterm Exam(s)
1
35
Quiz
1
10
Final Exam
1
45
Attendance
10
Total Percent: 100%
ECTS (ALLOCATED BASED ON STUDENT WORKLOAD)
Activities Quantity Duration(Hours) Total Workload(Hours)
Course Duration (Including the exam week: 16x Total course hours) 16 3 48
Hours for off-the-classroom study (Pre-study, practice) 16 2 32
Mid-terms 1 13 13
Assignments 0
Final examination 1 17 17
Other 15 1 15
Total Work Load:
125
Total Work Load/25(h):
5
ECTS Credit of the Course:
5