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This course introduces some basic concepts in fundamental finance, world of modern finance, especially to the financial operations of a business. It covers the concepts of time value of money, basic asset valuation, risk and returns model, capital budgeting and financing decisions. After completion of the course, students will be able to determine the value of bonds and stocks, estimate asset returns according to their risk characteristics and identify capital projects that maximize shareholder's wealth using a wide range of analytical tools. They will also develop a good understanding on how firms finance their capital expenditure and the levels of dividends and other payouts for their shareholders.

Fundamentals of Finance highlights the modern, analytical approaches to corporate finance decision-making. The course has been structured to focus on finance and its implications in the financial decision-making process and policy. The broad objective of this course is to provide students with sound theoretical knowledge on the principles and practices of financial management. Students will earn conversant with the cost of capital, capital budgeting, and investment decisions, the value of money, risk and risk management through this course.