BUSINESS FINANCE I

 

TUTOR: Mrs. Blessing. T                                                              

 


STATEMENT ABOUT ACADEMIC HONESTY AND INTEGRITY

 

All students, upon signing this course outline, commit themselves to abide by the policies and rules of the institution. The core activity of ABN is learning and in this respect academic honesty and integrity is very important to ensure that learning is valid, reliable and credible.

 

ABN therefore does not condone any form of academic dishonesty, including plagiarism and cheating on exams and assessments, amongst other such practices. ABN requires students to always do their own assignments and to produce their own academic work, unless given a group assignment.

 

Academic Dishonesty includes, but is not limited to:

  • Using the ideas, words, works or inventions of someone else as if it is your own work.
  • Using the direct words of someone else without quotation marks, even if it is referenced.
  • Copying from writings (books, articles, webpages, other students’ assignments, etc.), published or unpublished, without referencing.
  • Syndication of a piece of work, all or part of an assignment, by a group of students, unless the assignment was a legitimate group assignment.
  • The borrowing and use of another person’s assignment, with or without their knowledge or permission.
  • Infringing copyright, including documents copied or cut and pasted from the internet.
  • Asking someone else to prepare an assignment for you or to write or sit an assessment for you, whether this is against payment or not.
  • Re-submitting work done already for another course or programme as new work, so-called self-plagiarism.
  • Bringing notes into an examination or test venue, regardless of whether the notes were used to copy or not.
  • Receiving any outside assistance in any form or shape during an examination or test.

 

All forms of academic dishonesty are viewed as misconduct under ABN Student Rules and Regulations. Students who make themselves guilty of academic dishonesty will be brought before a Disciplinary Committee and may be suspended from studying for a certain time or may be expelled. All students who are found guilty of academic dishonesty shall have an appropriate endorsement on their academic record, which will never be erased

 

 

 BUSINESS FINANCE COURSE OUTLINE

 

 

Course Aims

The course introduces students to business Finance I. The course defines different types of finance and their importance to the development process.it also looks at the money market instruments and different securities offered in the financial industry. Business profitability is also discussed.

 

Specific Learning Outcomes

Upon completion of the course students will, through assessment activities, show evidence of their ability to:

§  Explain the importance of the different types of finance in the development process

§  Understand the government operations, their expenditures and sources of revenue

§  Understand project finance and how to manage project finance risks

§  Understand the different sources of finance for businesses

§  Know the various types of business assets and their importance

§  Understand the money market instruments

§  Understand business profitability concept and securities

 

Course Content

The following are the topics covered in the course:

 

Types of Finance 1

§  Meaning of finance

§  Corporate finance

§  Personal finance

§  Public finance

§  SMEs finance

 

Types of finance 2

§  Intangible asset finance

§  Structured finance

§  Project finance

§  Trade finance

What is Public finance

§  Government expenditures, debt, operations and revenue.

What is Project finance

§  Risk management in project finance

§  Financing of infrastructure

§  Types of infrastructure

Finance related questions

§  What is debt finance

§  Line of credit of business

§  Buying inventory now and paying later with an open account.

Money market instruments

§  Types of assets, money market and market liquidity.

Selected profitability terms 1

§  What is profitability, net operating profit, profit margin, income from operations, operating income, operating revenue and net income

Selected profitability 2

§  What are operating costs, continuing operations, discontinued operations, operating expenses, and Earnings before Interest and Taxes?

Selected Financial Terms 1

§  What is long term finance

§  What is Financing Accounting, Pro Forma Financial Statements and Interim Financial Statements

§  What are profitability, leverage and debt ratios

§  What if financial security, debt security and equity securities.

§  What is a financial asset, financial instrument, financial derivatives

§  What is assets under management?

Selected Financial Terms 2

§  What is technical analysis, fundamental analysis and financial analysis

§  How to analyse a company’s financial earnings

§  What is financial ratio analysis

§  What is financial restructuring

§  What is corporate restructuring

Methods of Facilitating Learning

The course will be facilitated through the following learning activities:

§  In the second semester, Full time and part time lectures will be offered in which students are expected to take notes.

§  This first semester, distance learning is facilitated and a vacation school has been scheduled on the school calendar. 

§  Assigned readings will be given as well as a study guide to help students focus on the specifics required for this course.

§  Assignments will be given to students which are supposed to submitted as per specified due dates. 

Assessment Strategies

Diversified Continuous Assessment and an end-of-semester examination will apply as follows:

Full/Part-time/Distance :50% Continuous Assessment

                           50% Examination

Continuous Assessment is made up of:

§  Assignments                  

 

Students have to obtain at least 50% to write the examination. A minimum Final Mark of 50% is required to pass the course.

 

Quality Assurance Arrangements

Moderation of assessments will be done in accordance with the ABN  ’s rules and guidelines on moderation.

Student Support and Learning  Resources

Prescribed reading :

  • Business Finance, ABN’s study guide.

Recommended Reading:

  • Hubbard, R. G. (2008). Money, the Financial System and the Economy (6th ed.), USA. Pearson Addison Wesley.
  • Ritter, Silber and Udell (latest edition). The Economics of Money, Banking and Financial Markets. Addison Wesley series.