CMBA5827

Financial Management introduced the theory of corporate finance and the application of value creation principles to, mainly, business operating decisions at the level of the project or initiative. This course moves on to consider decisions at the firm level. Among the questions addressed in this course are how best to measure overall firm performance, how to best finance the company, including debt versus equity questions, when to include options in the firm’s financing arrangements, when to lease resources rather than buy them, when to pay a dividend and/or repurchase shares and whether mergers and acquisitions generate value added.