AU: 3.0
Programme: ACC

The objective of this course is to provide business and accounting students with a broad understanding of all the important financial principles, concepts and analytical tools. This is a first course in finance and is compulsory for all business and accounting students. It is essential for all business and accounting graduates to have a good understanding of the various financial aspects of a corporation. They include the understanding and analysis of financial statements, fundamental concepts such as the time value of money, risk and return, corporate financing choices and investment analysis, and financial risk management. After taking this course, students will be well prepared for other advanced courses in finance such as Advanced Corporate Finance, Equity Securities, Fixed Income Securities, Derivatives Securities, and International Financial Management.