Essentials of Financial Management

Synopsis

A business graduate needs to understand the essentials of finance so that he/she will be able to interact effectively with the finance and other functions in the organisation pertaining to financial matters. FIN203 Essentials of Financial Management aims to equip business graduates with the requisite knowledge and skills relating to finance concepts and models to understand the implications of the firm’s activities on its finances. A broad range of topics, covering financial statements, cash flows, valuation, time value of money, risk and return, cost of capital, capital structure, investment and financial planning is covered. Such knowledge and skills would be highly useful for those aspiring to start their own business or those who work in smaller firms that do not employ finance specialists.

Level: 2
Credit Units: 5
Presentation Pattern: EVERY REGULAR SEMESTER

Topics

Financial statements and cash flow
Working with financial statements
Introduction to valuation: time value of money
Discounted cash flow valuation
Lessons from capital market history
Risk and return
Cost of capital
Capital structure
Net present value and other investment criteria
Making capital investment decisions
Short-term financial planning
Working capital management

Learning Outcome

Compute measures of a firm’s financial situation
Analyse the role of time value and its use for valuing assets
Discuss the measures of risk and return for a security/portfolio and the CAPM
Determine the cost of capital
Appraise different capital budgeting methods and their applications
Examine the working capital needs and financing of the firm
Use financial calculators, Excel worksheets or other computational platforms to model and solve financial problems effectively.

Full-time Programmes Part-time Programmes / CET Courses

Singapore University of Social Sciences

Essentials of Financial Management