Effective financial management is essential in creating and managing value within a business. This course develops the necessary practical skills within financial management to make informed investment, financing and dividend decisions to facilitate value creation. Students first learn the importance and role of financial management, and how the time value of money underpins the valuation of risky assets and facilitates the investment decision. The course then examines the relationship between risk and return, dividend policy and how businesses finance their investment decisions through an examination of capital structure.