London School of Economics and Political
Science (LSE)
Modules
59
Financial Management
Prerequisite – 19 Elements
of accounting and finance
May not be taken with 92 Corporate finance
A critical perspective of the topic
of finance, the role of financial managers and the place of financial
markets within the business environment in developed and developing
economies. Topics will be set in both national and international
contexts.
Sources and methods of raising finance
including venture capital, public offerings, private placements
and project finance.
A critical review of the different
forms of finance such as equity, debt and their derivatives and
incorporating critical consideration of their costs individually
and in combination. Valuation methods for costing the different
elements of capital such as the Capital Asset Pricing Model and
the Arbitrage Pricing Model. theories of capital gearing, divident
policy and corporate restructuring and refinancing. Mergers and
acquisitions.
Evaluation of risk measurement theories
and methods and their application to both sources of finance and
to investment appraisal. Investment appraisal techniques in the
certain and uncertain world, with and without constraints.
Analytical tools, techniques and methods
for analysing financial reports incorporating an assessment of their
relevance for evaluation and planning purposes. Strategic considerations
of financial planning and control, models and methods, for management
of corporate liabilities and assets. Consideration of theories and
techniques for management of short term funds including treasury
and currency management.
An introduction to risk management
including hedging, futures, options and derivatives and their uses
in both long and short term situations.
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