Business Finance (GRAI009)

The course is designed to develop insights and skills that are necessary to analyse and structure financial information of a corporation, to value investment projects, and to support value-adding business decisions. This course introduces main concepts of managerial finance to students with no financial or accounting background. The course intends to provide students with an overview of business finance concepts, terminology, and principles. It covers both theoretical and empirical aspects of financial analysis, capital investment, valuation, and financing decisions. The course develops understanding of the business organization as a value-maximizing entity and introduces students to relevant theoretical models as well as practical tools for financial decision-making.

• Knowledge and its application. Demonstrate and apply critical understanding of the main financial measures of the value and its elements.
• Knowledge and its application. Compare different long- and short-term financing decisions.
• Research skills. Gain skills to perform financial analysis of a business company using its financial statement data and applying financial ratios.
• Special abilities. Apply the concept of time value of money in solving various financing problems, and evaluate investment projects using different methods (NPV and its alternatives).
• Social abilities. Adhere to the principles of professional ethics and citizenship participating in discussions on relevant academic issues.
• Personal abilities. Develop personal and professional abilities, critical thinking, and creativity