THE MAIN OBJECTIVE OF FINANCIAL MANAGEMENT IS TO MAXIMIZE OWNER’S WEALTH OR TO
MAXIMIZE THE VALUE OF THE FIRM, THROUGH THE MAXIMIZATION OF RETURNS AT THE LOWEST
POSSIBLE RISK. BASED ON THIS OBJECTIVE, THE STUDENTS WILL BE INTRODUCED TO SOME BASIC
CONCEPTS OF FINANCE, SUCH AS TIME VALUE OF MONEY, RISK AND RETURNS. THESE CONCEPTS
ARE THEN APPLIED TO TOPICS SUCH AS CAPITAL BUDGETING AND SECURITIES (STOCKS AND BONDS)
VALUATION. BESIDES, POLICIES ON CAPITAL STRUCTURE AND DIVIDENDS, AND MANAGEMENT OF
WORKING CAPITAL WILL ALSO BE LOOKED AT IN THE COURSE.
Skill Level: Beginner