Corporate Finance syllabus

Corporate Finance

• 1 Corporate Finance and Financial Environment (4 LHs)

  • Overview of Corporate Finance
  • Financial Markets and Corporation
  • Ethics in Financial Decision Making
  • Recent Innovations in Corporate Finance
• 2 Capital Investment Decision (8 LHs)

  • Project Cash Flows and Their Estimation
  • Project Evaluation and Capital Rationing
  • Scenario, Sensitivity, and Simulation Analysis
• 3 Cost of Capital (6 LHs)

  • Concept and Component Costs of Capital
  • Weighted Average Cost of Capital
  • Retained Earnings Break and WACC
  • Divisional and Project Cost of Capital
• 4 Raising Capital (6 LHs)

  • Financing Life Cycle and Venture Capital
  • Initial, Further, and Rights Offerings
  • Issuing Long-term Debt
  • Investment Banking Process
• 5 Financial Leverage and Capital Structure Policy (5 LHs)

  • Financial Structure and EPS/ROE
  • Operating and Financial Leverage
  • Optimal Capital Structure and Pecking-order Theory
  • Capital Structure and Firm Value
• 6 Dividend Policy (5 LHs)

  • Cash Dividends and Payments
  • Factors and Establishment of Dividend Policy
  • Stock Dividends and Splits
  • Stock Repurchases
• 7 Working Capital Management (6 LHs)

  • Concept, Determinants, and Importance of Working Capital
  • Operating and Cash Conversion Cycles
  • Current Asset Investment and Financing Policies
• 8 International Corporate Finance (8 LHs)

  • Foreign Exchange Markets and Rates
  • Purchasing Power and Interest Rate Parity
  • International Capital Budgeting
  • Exchange Rate and Political Risk