Session Topic Hours 1 Financial Environment of Business Capital Markets (Overview of different markets – Equity (Primary and Secondary), Debt, Derivatives, Foreign exchange, other asset classes) Overview of financial Institutions Regulatory framework 10 2 Introduction to Financial Management Objectives and Functions 3 3 Analysis of the firm 4 4 Investment Decisions Time Value of Money 6 Valuation of Stocks and Bonds 2 Capital Budgeting and Analysis 5 30
What is Finance?
Flows of cash in business system 3 Cash Flow From Firm Cash for securities issued by firm Taxes Retained Earnings Dividends and Debt Payments
The Capital Allocation Process Business Business Business Savers Savers Savers Investment Bank Financial Intermediary Business’s Securities Business’s Securities 1. Direct Transfer 2. Through Investment Bank 3. Through Financial Intermediary Cash Business’s Securities Dollars Dollars Dollars Dollars Business’s Securities Intermediary’s Securities