Spring 2000 Inst. Course participants get to apply the techniques and skills learned earlier and to perform the financial manager's primary functions of deployment and procurement of funds to maximize shareholder's wealth under constraints faced by the firm. Where feasible, a global outlook will be adopted.
Students apply finance concepts to problems and cases that reinforce understanding.
The procurement of funds section deals with capital structure strategy, cost of capital and dividend policy. The impact on a firm's risk and value in the capital markets is explored. The focus is on value and economic analysis as a foundation for corporate financial decision making. The course is designed to provide the theoretical framework for, and practical applications of financial administration. Participants use cases to identify problems and opportunities faced by firms and develop alternative strategies.