This course looks at capital budgeting and long-term finance and investment decisions by firms and individuals. It introduces capital asset pricing under uncertainty and to the concept of efficient markets. A major emphasis is on corporate finance.
By the end of the course, the learner should be able to:
- Describe corporate structure, corporate governance, and the goal of a corporation and how it applies to corporate financial decisions
- Outline the principles and mechanics of the time value of money and calculate the present and future values of various combinations of cash flows
- Determine the value of securities in capital markets and apply statistical measures to measure risk and return of both individual securities as well as a portfolio of securities
- Evaluate and analyse potential investment projects and understand alternative methods for evaluating projects
- Evaluate alternative sources of financing and discuss the firms' choice of capital structure and its implications for the value of the firm
- Examine and discuss the key issues related to dividend policy and their implications for the value of the firm
- The Goals and Functions of Finance
- Capital Budgeting
- Financing, Debt Policy, and Dividend Policy
Prerequisite(s): ECON*1050, (1 of IPS*1500, MATH*1030, MATH*1080, MATH*1200), (1 of ECON*2740, PSYC*1010, PSYC*2010, SOAN*2120, STAT*2040, STAT*2060, STAT*2080, STAT*2120)
Restriction(s): ECON*3460, ECON*3560
|Maple TA Assignment||15%|
|Unit Review Tests||10%|
|On Campus Final Exam||55%|
Note: You must receive at least a 50% on the final exam to pass this course. Your term work will only be included in calculating your final grade if you pass the final exam.
*Course details are subject to change.