Financial Management

This course introduces students to the fundamental principles and practices of financial management. This course covers key topics such as financial planning, capital budgeting, cash flow analysis, risk management, and investment decisions. Students will explore the role of finance in organizations, learning how to make informed financial decisions that optimize organizational resources and drive business success. Through case studies, financial analysis tools, and real-world examples, students will gain practical skills in managing finances within both personal and corporate contexts.

Upon successful completion of this course, students will be able to:

• Understanding Financial Management Principles: Students will develop a foundational understanding of financial management concepts, including financial planning, budgeting, and the role of finance in organizational decision-making.
• Capital Budgeting and Investment Analysis: Gain proficiency in evaluating capital investment opportunities, conducting cost-benefit analyses, and making strategic investment decisions using tools such as net present value (NPV) and internal rate of return (IRR).
• Cash Flow and Risk Management: Learn how to manage cash flow effectively, assess financial risks, and apply risk mitigation strategies to ensure the financial stability and success of an organization.
• Financial Decision-Making and Analysis: Develop skills in using financial data to make informed decisions, analyze financial statements, and evaluate the financial health and performance of an organization.

These outcomes aim to equip students with the essential skills and knowledge to manage finances effectively, preparing them for entry-level positions in financial management or further study in finance and business administration.