Not offered in 2009
ACCT 410 - Strategic Financial Management

(not offered in 2007) 0.25 EFTS 36 points

The primary objective of the course is to provide students with an understanding of strategic financial management. The course addresses the application of financial management knowledge to the planning, operating and monitoring of the finance function within an organisation, and of the organisation as a whole.
It includes managing viable growth of the business through the identification of profitable investments and the maintenance of sustainable financing, and treasureship, which covers the four areas of funding management, currency management, liquidity management, and investment management.

Prerequisite: HOD approval

Class Contact
Lecture: One 2 hour lecture per week

Objectives
• Foundations of strategic financial management.
• Agency theory and theory of the firm.
• Diversification of risk and efficient capital markets.
• Asset pricing models.
• Theories of capital structure.
• Strategic financial management: some applications.
• Investment appraisal: some applications and evidence.
• Leasing and medium term finance.
• Planning and measurement.
• Corporate governance.
• Hedging and financial instruments.

Assessment
Topic summaries 10%
Workshop assignments 10%
Theoretic assignments 10%
Case study 20%
Terms test 20%
Final exam 30%

Readings

Readings will be given out in class.