Description
Managerial Finance is an introduction to financial management. Students explore the financial tools available for planning and analysis as well as how those tools are utilized to manage cash flows and financial resources and to evaluate future investment opportunities. Main topics include planning and analysis of financial statements; cash flow management; time value of money; analysis of risks and expected rates of return; stocks, bonds and their valuation; yield to maturity; financial ratios and their uses. Emphasis is on cash budgeting, retained earnings, dividend policy, capital budgeting, net present values and optimal capital structure. Prerequisites: ORM 307