Module aims:- Develop learners’ ability to analyse and interpret business decisions from a financial management perspective;- Encourage learners to see financial management as an essential device to control business operations- Encourage learners to see the links between financial management and the wider business.
Share and company valuations
Valuing shares and debentures; valuing listed and unlisted companies.Efficient market hypothesis
Dividend policy
Dividends and retained earnings.Dividend growth and market value.Dividend policy and Modigliani and Miller theory.
Cost of capital and capital structure
Cost of different sources of finance; weighted average cost of capital;Capital structure and Modigliani and Miller theory.
Capital Asset pricing model (CAPM)
Risk and the CAPM; calculating the beta factor;CAPM and portfolio management; portfolio theory;Beta values and the effect of gearing;Implications and limitations of CAPM
Risk management
Risk management techniques for currency and interest rate risks both internal and external.
Mergers and acquisitions
Types of mergers/acquisitions and rationale
| Module Content & Assessment | |
|---|---|
| Assessment Breakdown | % |
| Other Assessment(s) | 30 |
| Formal Examination | 70 |