Download Financial Management Course Outline for MBA-P & MS-EM Students, Spring 2012 and more Exercises Financial Management in PDF only on Docsity! Course Outline- Spring 2012 FINANCIAL MANAGEMENT (FIN4013) Program MBA-P & MS-EM Course Code FIN4013/EM6213 Course Title Financial Management Course Instructor Course Objectives The course is specifically formulated for the graduate students to provide them foundation in finance. The objective is to study theory and practice in the field of finance with reference to investment, financing and working capital management. The course is aimed at developing basic concepts of finance and analytical skills so that the students can take financial decisions with confidence. It will provide them a sound foundation for further specialization in finance. At the end of the course, the students should be able to:- 1. Understand the financial system and its complexity so as to make better financial decisions. 2. Link theoretical concepts to practical decisions in actual organizational setting. 3. Apply the concept of time value of money in their investment and financing decisions. 4. Acquire the necessary quantitative and analytical skills to make better decisions. 5. Understand and interpret financial statements of the company. 6. Make investment and financing decisions in contemporary financial environment in Pakistan. 7. Make short-term investment decisions and manage investment in accounts receivable, inventory and cash. 8. Carry out necessary financial planning to set financial targets and develop financial policy. 9. Understand the basic tools of risk management. 10. Learn how to apply the tools of Islamic finance and their comparative advantages and complexities. 11. Apply the concepts of mergers and acquisitions to increase firm value. Teaching Methodology Interactive sessions, critical thinking assignments, case-based learning and research- oriented discussions to develop decision-making skills Docsity.com Recommended Text 1) Butt, Safdar A. (2011) Financial Management, An Introductory Text for Pakistan, Azeem Academy, Lahore: Pakistan. 2) Horne, James C. V. and Wachowicz, J. (2008) Fundaments of Financial Management, 13th Edition, Prentice Hall. 3) Khan, M. Y. and Jain, P. K. (2007) Financial Management, 5 th Edition, McGraw-Hill, New Delhi: India. Course Evaluation The students will be evaluated on the following criteria:- Assignments 10% Quizzes 10% Class Participation 5% Mid-term Examination 20% Final Project 15% Final Examination 40% Grand Total 100% Project Details The students shall be required to form groups (three members each) after mid-term examination. They will be given a different case study regarding any of the topics mentioned in the course outline. They shall perform the case analysis in the following manner and submit a formally written report. Summary: A brief statement of the problem and solution. The summary can briefly contain the following: (a) Definition of the problem. (b) Alternative solutions. (c) Your recommended course of action. (d) The basis of your recommendation. Situation: With the help of the relevant facts, explain through a clear and concise statement the existing business situation which the executives of the company are confronted with. You should give only those facts that have a bearing on the problem and its resolution. Do not just repeat all the information that has been given in the case. Also, do not include data and information just because it is interesting. Please note that you have to assume that the instructor as well as your fellow students have read the case. Problem: Identify the primary and secondary problem(s) along with supporting facts. A student’s analytical skills will be challenged to identify the problem correctly. Feasible Solutions: According to Peter Drucker, "A decision is a judgment”. It is a choice between alternatives. It is rarely a choice between right and wrong. It is at best a choice between ‘almost right’ and ‘probably wrong’–but much more often a choice between two courses of action neither of which is probably more nearly right than the other." It is obvious that one of the most important steps in analyzing a case study is to identify the alternative feasible solutions. Each alternative should be discussed with pros and cons in ascending order of their rating as the most appropriate solution to the problem. That is, the most suitable solution should be discussed last. This step is very important while analyzing Docsity.com
