Financial decision making aims to provide students with a set of accounting and financial tools that enables them to interpret and critique financial information from a variety of sources, and to make informed and effective financial decisions that directly impact company operations.
The course begins with a closer look at the current financial landscape. It then examines the application of financial and management accounting tools relevant to critical financial decisions, including key performance indicators, breakeven analysis, working capital management techniques and the budgeting process.
This is followed by a consideration of financial management and the decisions faced by organisations on investment (what projects), finance (what type of finance) and dividend (pay or retain) and how an organisation analyses takes action on each of those decisions.
Topics include:
- The financial landscape
- Financial accounting
- Working capital management
- Management accounting
- Budgeting
- Financial tools
- Capital budgeting and investment appraisal
- Financing, payout policy and management.
The course concludes with an introduction to exchange rate and interest rate risk management.
Read the full course syllabus
Read an extended outline of the course syllabus for Financial Decision Making, which gives you an overview of the course content.