Introduction to Course

Intermediate Financial discusses the advancement in financial market environment in which firms operate. It argues that the goal of financial manager should be to maximize the value of the firm and by doing so maximize the wealth of its owners. The main objective of this course is to give student an advanced understanding of financial environment, capital markets, mergers and international financial markets and its operations. Special attention will be given to the financial administrator’s role in the area of working capital, capital budgeting, and financing decisions. Major consideration will be given to capital investment decisions, the weighted average cost of capital, and investment decision-making criteria. In addition, we will take a closer look at the examination of equity and debt investments and to investment analysis. All concepts covered will be followed by practical applications using spreadsheets; the idea is to build a strong bridge between theory and practice while strengthening the student’s financial modeling skills.