Understand how to formulate a financial strategy taking account of a range of stakeholders and their interests and differing financing options

Learning outcomes

If you complete the course successfully, you should be able to:

• understand how to formulate a financial strategy taking account of a range of stakeholders and their interests and differing financing options
• identify and critique a range of investment appraisal techniques, select as appropriate and apply within the investment appraisal process, and make a justifiable recommendation
• explain the nature and significance of financial risk and uncertainty, and apply techniques to take account of these, including diversification, Capital Asset Pricing Model (CAPM) and the Black-Scholes Option Pricing model
• understand the implication of differing types of capital structure and their implications for cost of capital and associated decisions
• understand and critique both the theoretical issues and influences on practical decisions associated with the development of dividend policy
• identify and discuss the drivers for mergers and acquisitions, the calculation of share valuation, and identify and critique the main forms of purchase consideration used
• understand the drivers for financial restructuring and the consequences for liquidity and financing requirements
• identify and describe the key financial risks facing a business, explain and demonstrate how financial instruments can be used to manage the financial risks within an appropriate risk strategy.
• think critically and creatively in identifying, evaluating, and critically appraising alternative solutions to business problems
• solve complex problems to support financial decision making
• the ability to undertake research into a financially related business problem and to apply skills in the assembling and analysis of data collected
• synthesise and use information and knowledge effectively.
• numeracy and quantitative skills applied to financial evaluations and business management decisions     
• critical self-reflection applied to business practice and experience
• effective communication of complex solutions to business related decisions
• effective use of information technology
• high personal effectiveness, applying critical self-awareness and personal resource management in the context of a diverse business environment