Advanced Financial Management

• Determination of Valuation
  
  
• Time value of money
• Fixed income securities: characteristics and valuation
• Characteristics of long-term debt
• Bond valuation
• Characteristics of preferred shares
Common: characteristics and valuation
• Valuation of common shares
• Applications of the general dividend valuation model
• Analysis of risk and return
• Meaning and measurement of risk
• Relationship between risk and return
• Investment diversification and portfolio risk analysis
  
  
• Capital Investments Decision-Making
  
  
• Cost of capital
• Determining the component cost of capital
• Determining the weighted average cost of capital
• Determining the relative costs of capital
• Determining the marginal cost of capital
• Capital budgeting and cash flow analysis
• Determining the optimal capital budget
• Principles of estimating cash flows
• Net present values
• Asset expansion projects
• Asset replacement projects
• Capital budgeting: decision criteria
• Capital budgeting and risk
  
  
• Capital Structure and Dividend Policy
  
  
• Capital structure concepts
• Capital structure management
• Dividend policy
  
  
• Working Capital Management Decisions
  
  
• Working capital policy and short-term financing
• Current asset management
  
  
• Risk Management
  
  
• Managing domestic risk
• Managing internal risk
  
  
• Advanced Capital Investment and Structure Decisions
  
  
• Leasing
• Types of leases
• Advantages and disadvantages of leases
• Tax and accounting aspects of leases
• Lease-Buy analysis
  
  
• Corporate Restructuring
  
  
• Mergers
• Financial aspects of mergers
• Valuation of candidates
• Analysis of a leveraged buyout
• Business failure
• Alternatives for failing businesses