EMBA5802 FINANCIAL MANAGEMENT FOR EXECUTIVES
| Course Code: | 8375802 |
| METU Credit (Theoretical-Laboratory hours/week): | 2 (2.00 - 0.00) |
| ECTS Credit: | 8.0 |
| Department: | Executive Master of Business Administration |
| Language of Instruction: | English |
| Level of Study: | Masters |
| Course Coordinator: | |
| Offered Semester: | Fall or Spring Semesters. |
Course Objectives
The objective of this course is to familiarize the students with the world of finance, viewed especially from a corporation’s angle. The technical objectives include teaching about a wide array of concepts ranging from the basics of risk, return, time value of money and valuation to the more advanced discussions of capital budgeting and capital structure. The conceptual objectives include creating awareness about the variety and complexity of the financial decisions that are faced by the manager of a corporation on a daily basis. Finally, the philosophical objectives include demonstrating how the “world of finance” can be fascinatingly interesting and surprisingly challenging in a rather enjoyable way!
Course Content
This course examines the main issues in finance incorporating theory and practice with emphasis on investment and financing decisions of the firm. Special references are given to applications in Turkey. It provides students with grounding in the basic concepts of finance, including the time value money, the role of financial markets, assets valuation, capital budgeting decisions, portfolio theory, asset pricing, and the risk-return tradeoff.
Course Learning Outcomes
1. Understand how the various parts of a business and its environments interact with the financial decisions of the firm
2. Develop skills in financial statement analysis, pro-forma preparation and performance evaluation by using financial statements
3. Understand the fundamental risk/return tradeoff in finance
4. Acquire the state-of-the-art know-how related to asset pricing by learning the chronological evolution of asset pricing models
5. Understand the essentials of bond and stock valuation and learn how to apply the basic framework to valuation in general
6. Learn the project evaluation process; acquire the technical skills for assessing project alternatives financially; understand the practical difficulties in capital budgeting; identify, analyze, and propose reasonable solutions to these problems
7. Understand the strategic financial decisions of a firm by learning about the dividend policy and capital structure choices