ADFN 1010 Principles of Finance

This course introduces the theory and practice of corporate finance in both a theoretical and practical manner. The course is designed to give students a basic understanding of the financial tools managers need to cope in a rapidly changing and dynamic business environment. Finances lie at the heart of every major corporate decision whether it is strategic in nature or operational. The course examines how corporations raise capital in the financial markets and decide upon its deployment in the enterprise. Topics treated extensively include the time value of money, valuing bonds and stocks, concepts of risk/return, capital budgeting, project evaluation, and working capital management. The course will provide students with a theoretical foundation in Finance, but the emphasis is on applying that theory to solve practical problems and increase the value of the enterprise.