Financial Management is principally concerned with a thorough introduction to corporate finance focusing on the fundamental concepts, tools, techniques and practices of financial management. Students will have the chance to review the main financial statements (Balance Sheet, Income Statement, Statement of Retained Earnings and Statement of Cash Flows) and then focus on how a manager can use them and evaluate a firm through financial ratios analysis, trend and component percentages. In addition, students will learn about risk and return basics, the time value of money and how to differentiate among various securities like bonds, equities and derivatives. During this intensive course students will learn to the role of the financial manager and most important the tools that they can use to value a business project. An understanding of the basics of financial management is essential to anyone pursuing a business degree as this course will matter in students’ professional lives no matter the department they work.
- “Fundamentals of Corporate Finance”, Robert Parrino, David S. Kidwell, Wiley, 2009, ISBN: 978-0-471-27056-0. Make sure you check the Student companion site at www.wiley.com/college/parrino where you can find interactive self study quizzes, narrated PowerPoints for each chapter.
- Alternative textbook: “Corporate Finance: European Edition”, Peter Moles, Robert Parrino, David S.Kidwell, 2011, ISBN 978-0-470-68370-5, Wiley
Students will need to have a financial calculator (e.g. Texas Instruments BA II Plus PRO) in order to solve the TVM and Fixed income problems. If you own a smartphone you can download a financial calculator from your phone’s app store. Check my blog post for more details : http://www.leimonis.com/2011/05/looking-for-a-financial-calculator/
If you are registered to attend this course please use this link to get into the student forum. You need to register with your regularly used email account and once verified you will get access to the student forum. It is suggested to select a username that will link to your name e.g. Spiros Stavrou –> sstavrou.