This course covers numerous issues of practical relevance to the contemporary corporate finance manager. Although the central focus will be on how corporations make investment and financing decisions, the introductory classes will discuss households’ saving and investment decision-making and how securities markets and financial intermediaries complement such efforts. Topics to be covered include risk and return, asset valuation, working capital management, mergers and acquisitions, and corporate restructuring.

The course focuses on the application of corporate finance concepts to solving real life problems in a typical business environment. Students will learn to appreciate how the timing of and uncertainty about future cash flows and their associated risks combine to determine the current value of those cash flows. It is expected that assignments, class projects, and discussions will provide the needed motivation and enhance students’ understanding of the finance theories to be discussed. The numerous real-life examples and cases are aimed at equipping the students with skills to plug-and-play in a starting finance position in any organization in Ghana and abroad.