Aim

The aim of the Business Finance subject is to:

• provide a basic understanding of corporate finance including a knowledge of the instruments used by companies to raise finance and manage financial risk.
• provide the ability to interpret the accounts and financial statements of companies and financial institutions.

Competences

On successful completion of this subject, a student will be able to:

1 understand how companies are governed and structured.

2 suggest appropriate ways to finance a company.

3 analyse published accounts.

4 produce management information.

Syllabus topics

1 Corporate governance and organisation (10%)

2 How corporates are financed (20%)

3 Evaluating projects (20%)

4 Constructing and interpreting company accounts (40%)

5 Constructing management information and evaluating working capital (10%)