Financial Management (SEMBA – 48 A)

The course introduces students to the greater depth on finance especially the financial management of business corporations. First, we will review some fundamental concepts on financial management. Second, we will discuss the strategic investment decision, including cost of capital, capital budgeting and cash flow estimation. Third, we will discuss the strategic financing decision including long-term financial planning, capital structure and dividend policy. Fourth, we will discuss the tactical financing decision such as lease financing and hybrid financing. Next, we will discuss working capital management (current asset management and short-term financing). Finally, we will discuss number of related topics in financial management, including derivatives and risk management and mergers. We will also discuss some cases in financial management to improve our understanding on theories and practices of financial management.