Courses Catalogue

Financial Management

COURSE CODE: FIN 3101
COURSE CREDIT UNIT: 3
ACADEMIC PROGRAMME: Business Administration (Finance & Banking)
COLLEGE/SCHOOL/FACULTY: College of Economics and Management
STATUS: Core
PROGRAMME TYPE: Undergraduate

Course Content and Outline

COURSE CONTENT                           

Financial management                                                                    

  • Finance function
  • scope of finance function
  • objectives/goals of financial management
  • changing role of financial management

Sources of finance                           

  • short term and long-term sources, permanent and temporary sources
  • factors to be considered for selecting the right source
  • equity share capital
  • preference share capital
  • debentures
  • term loans
  • ease financing

Capital structure                                                                    

  • meaning of capital structure
  • Features of an appropriate capital structure
  • factors affecting capital structure
  • balanced capital structure
  • financial leverage
  • capital gearing
  • trading on equity

Financial planning                                                                           

  • meaning of financial planning                                  
  • significance of financial planning
  • factors influencing financial planning
  • Steps involved in financial planning

Capital budgeting                                                                   

  • meaning of capital budgeting
  • significance of capital budgeting
  • steps involved in capital budgeting
  • methods of evaluating capital expenditure proposal and capital rationing
  • risk and uncertainty in capital budgeting

 

Working capital management                                                                   

  • meaning of working capital
  • significance of working capital
  • estimating working capital
  • management of cash
  • management of accounts receivable
  • inventory management

Management of profits and portfolio                                                        

  • Retained earnings
  • dividend and divided policy
  • theories on dividend policy
  • the stock markets

TEACHING METHODS / MODE OF DELIVERY

  • Lectures
  • Case Studies.
  • Group work and discussions

 

INSTRUCTIONAL MATERIALS AND OR EQUIPMENTS

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