Courses Catalogue

Business Finance

COURSE CODE: FIN 2101
COURSE CREDIT UNIT: 3
ACADEMIC PROGRAMME: Human Resource Management
COLLEGE/SCHOOL/FACULTY: College of Economics and Management
STATUS: Core
PROGRAMME TYPE: Undergraduate

Course Content and Outline

BUSINESS FINANCE

  • Nature , scope and importance
  • Business finance defined
  • Major business finance  decisions
  • Levels of finance decisions
  • Financial management concepts
  • Limitations
  • Summary

FINANCING DECISIONS

  • Nature of financing decisions
  • Sources of finances
  • Short term
  • Long term
  • Capital structure
  • Determinants
  • Financial leverage
  • Summary and sample questions

INVESTMENT DECISIONS

  • Definition, nature 
  • Relevancy of investment decisions
  • Stages and capital budgeting appraisal techniques
  • Investment risk measurement and adjustment approach
  • Summary

WORKING CAPITAL MANAGEMENT

  • Introduction and importance
  • Managerial concepts under WCM
  • Management of cash resources
  • Management of accounts receivables
  • Management inventory
  • limitations and  advantages
  • summary

FINANCIAL ANALYSIS AND PLANNING

  • Scope and nature of financial analysis
  • Financial statements analysis
  • Financial planning
  • Approaches
  • Summary

COST OF CAPITAL

  • Introduction
  • Cost of capital defined
  • Specific cost of capital
  • Capital asset pricing model
  • Weighted marginal cost of capita;
  • Summary  and  conclusion

INTERNATIONAL ASPECTS OF BUSINESS FINANCE

  • Nature and implication of international finance
  • Types of exchange rates exposure
  • International business environment factors
  • Mechanisms of   funds transfer

FINANCIAL MARKETS

  • Definition and types of financial markets
  • Major rules and regulations
  • Financial instruments/assets
  • Dividend decisions
  • Valuation of financial assets
  • Portfolio theory
  • Summary /conclusion

MODE OF DELIVERY

  • Teaching 
  • Reading assignments
  • Group discussion
  • Student involvement in presentation

INSTRUCTIONAL MATERIALS AND / OR EQUIPMENT

  • Whiteboard and Markers
  • Flip Charts
  • LCD Projectors
  • CDs, DVDs and Tapes