Provided by Edinburgh Business School Course description The course captures the most important modern ideas in corporate finance, and has been structured as a logical progression of ideas starting at a rudimentary level and progressing to an advanced level of financial sophistication.
Finance is a theoretical subject with important application to decision-making.
It establishes the link between company decision-making and the operation of capital markets. The course starts with a description of the participants in financial markets, the decisions they must take, and the basic processes that are common to all financial decisions. The basic quantitative tools of financial evaluation are developed at the outset, and are used throughout the course. The analyses then move on to the incorporated firm, introduce the important distinctions between making financial decisions as individuals and making such decisions in complex organisations. Company investment decision-making is then extended to the more realistic context of companies with complex capital structures, i.e. those financed with both debt and equity capital.