Dr Ping Wang
This module aims to provide a sound knowledge in the analytical tools for financial management. It therefore focuses on the theory relating to investment and financing decisions. Practical issues are also considered.
Upon successful completion of this module, students should be able to:
Evaluate shareholders’ wealth maximisation as the financial objective of the firm; discuss the key issues in the theory of financial management;
Apply net present value model to valuing securities;
Analyse the models which tie down the relationship between the returns on a security and its risk;
Understand the efficient capital markets hypothesis and its implications to financial managers
Discuss the theories on the relevance of dividends and capital structure