SBU 306 BUSINESS FINANCE

UNIVERSITY OF CAPE COAST

COLLEGE OF HUMANITIES AND LEGAL STUDIES

SCHOOL OF BUSINESS

DEPARTMENT OF FINANCE

SBU 306 BUSINESS FINANCE 3 CREDITS

COURSE OUTLINE FOR SECOND SEMESTER 2016/2017 ACADEMIC YEAR

1.0 COURSE LECTURERS

2.0 COURSE DESCRIPTION

The course provides an integrated view of the theory of finance for financial decision-making in the corporate context. It examines the objectives of financial management with emphasis on shareholder wealth maximization and time value of money. It also looks at how to identify, evaluate and select capital projects as well as issues on how short and long term financial decisions affect an organization are discussed.

3.0 OBJECTIVES

Students must at the end of this course be able to:

· Know all the sources of business finance

· Analyse financial statements

· Make use of investment appraisal techniques

· Compute the present and future values of cash flows

· Calculate the cost of capital of firms

4.0 COURSE CONTENT

5.0 References:

Brealey, A. R. & Myers, C. S. (2003). Principles of Corporate Finance. Boston: McGraw- Hill

Gitman, N. (2004) Managerial Finance, New Delhi: Pearson Education,

Gowthorpe, C. (2003). Business accounting and finance for non-specialists. London: Thomson Learning.

Madura, J. (2000). International financial management. New Jersey: West Publishing Company.

Maheshwari, S.N. (2003). Financial Management, New Delhi: Sultan Chand & Sons.

Mishkin, F. S. (2007). The Economics of money, banking and financial markets. New York: Pearson Education Inc.

Prasanna, C. (2002). Financial Management. Tata: McGraw Hill Publishing Co.

Sundaresan, S. (2009). Fixed income markets and their derivatives. Elsevier: Academic Press

6.0 Mode of Delivery

The course will be delivered through lectures, class discussions and presentations.

7.0 Assessment

Continuous assessment will take 40% of the total marks of the course. Continuous assessment will consist of class participation, presentation, pressure assignments and quizzes.

End-of-semester examination will cover 60% of the assessment.

8.0 Ground Rules

  1. You are NOT ALLOWED to have your cell phones on while at lectures. Any student who uses his/her cell phone at lectures will have it confiscated. The phone will only be returned when the semester is over.
  2. Students should endeavour to attend lectures on time. You will not be allowed in once lectures have started.
  3. Students are supposed to submit their assignments on time. Late submission will not be accepted.
  4. There may be unannounced quizzes. It is therefore important to be at lectures at all times. You should inform the lecturer if you will be unable to attend lectures because of illness or any other valid reason.
  5. Students who do not take part in quizzes and did not give prior notice will score zero for that quiz.
  6. You are expected to dress appropriately for lectures at all times.