The nature, scope and purpose of financial management. Sources and costs of short, medium
– and long-term finance. Sources and problems of new financing, capital budgeting. management of working capital. Analysis and interpretation of basic financial statements. Business mergers and take-overs. Determinants and implications of dividend policy. Valuation of shares, assets and enterprises. Risks of finance and methods of avoiding them. Banking systems and industrial finance. Mortgage finance. Capital structure of Nigerian firms.
LEARNING OUTCOMES
At the end of the course the students should be able to:
1. demonstrate the applicability of the concept of financial management to understand the managerial decisions and corporate capital structure;
2. explain alternative sources of finance and investment opportunities and their suitability in particular circumstances;
3. integrate the concept and apply the financial concepts to calculate ratios and do the capital budgeting;
4. select and apply techniques in managing working capital;
5. describe the common factors influencing dividend policy and applications of options in financial management; and
6. demonstrate how financial risk is assessed.
- Teacher: Mukhtar Baba