Pre-requisites: Corporate Finance
This course is about the use of financial information in the analysis of the performance of business entities. The course contains five main parts. The first part highlights the critical importance of “finance” in the performance of business establishments. In addition, it examines “the practice of finance” in real life. The second part provides candidates with a brief outline of the financial statements, and introduces the main financial ratios. The third part examines the behaviour and determinants of some of the main financial ratios. The fourth part concludes the course by examining the concept of “Economic profit”.