This focal area is geared towards employment in the private sector where specialised knowledge of financial management and analysis is required.
Financial management focuses on the following:
- Financial planning and control
- Behavioural finance
- Capital investments
- Mergers and acquisitions
- Financial director
- Financial advisor
- Financial analyst
Undergraduate subjects offered in Financial Management:
Introduction to Financial Management 214
Compiling of the statement of financial position, the statement of comprehensive income and the statement of cash flow; the measurement and evaluation of financial performance with reference to profitability, liquidity and solvency analysis; case studies about financial analysis; introduction to the investment decision; the financing decision; sources of finance; the dividend decision; financial planning and the management of working capital with specific reference to cash, trade receivables and inventory control; financial failures; international financial management.
Corporate Financial Management 244
The evaluation and interpretation of corporate financial performance by means of detailed ratio analyses; extensive analysis of the statement of cash flows; basic share and bond valuation; discussion of the influence of dividend policy on corporate valuations; the influence of financing policy on a firm’s value; evaluation of working capital management by means of the cash conversion cycle.
Financial Planning and Control 314
Calculation of the weighted average cost of capital, as well as the costs associated with the different capital components; financial valuation of enterprises; financial forecasting; the influence of inflation on annual financial statements.
Capital Investments 332
The application of the following financial selection measures on large capital projects: payback period method, method of the equivalent uniform annual cost, net present value method and the internal rate of return method; the impact of inflation when assessing investment projects and the calculation of the cost of capital; priority determination for multiple mutually exclusive projects.
Financial Management – Research 352
Identification and formulation of financial management problems and/or opportunities; setting financial research objectives; identifying appropriate research designs; conducting secondary and/or primary research; conducting financial data analysis to achieve research objectives.
354 (12) Mergers and Acquisitions (2L)
Processes during mergers and acquisitions; financial and strategic aspects; theories; relevance of competition and other legislation; empirical information; LBOs; MBOs; defensive strategies; joint ventures and alliances; unbundling; management guidelines.
Financial Management 214
Financial Management 244 or
Investment Management 254
Home Department: Business Management
For Financial Management subjects in the Honours course, please refer to the Honours Page.