Finance is the art and science of managing capital. Virtually all individuals and organizations earn, raise, spend or invest capital and the study of Finance provides a consistent framework for financial decision making by these agents. This course is intended to be an introduction to the basic concepts and practices of Finance with a special emphasis on the Pakistan financial system. A fairly wide range of topics will be covered to give you a “feel” for what Finance is, and what it is not. This course involves the evaluation of a firm’s financial situation, the determination of its short-term and long-term financial needs. The various forms of capital structure and its impact on the financial viability of the company will be studied. Technical aspects of the course will include calculation of the net present value, weighted cost of capital and the cost of equity.
The students should be able to discuss the current financial problems, opportunities, trends regarding overall financial markets; money as well as capital markets
Week 00: Time Value of Money’’ (Brigham & Houston Ch 3, Mayes & Shank Ch 7)
Week 01: Bond and Their Valuation’’( Brigham & Houston Ch 7, Mayes & Shank Ch 8)
Week 02: Stocks and Their Valuation’’ (Brigham & Houston Ch 8, Mayes & Shank Ch 8)
Week 03: Risk and Return’’( Brigham & Houston Ch 5, Mayes & Shank Ch 11)
Week 04: Analysis of Financial Statements’’( Brigham & Houston Ch 3)
Week 05: Analysis of Cash Flows’’( White, Sondhi & Fried)
Week 06: Analysis of Inventories (White, Sondhi & Fried)
Week 07: The Investment Setting’’ Reilly & Brown
Week 08: The Cost of Capital(’’ Brigham & Houston Ch 9, Mayes & Shank Ch 9)
Week 09: The Basics of Capital Budgeting ( Brigham & Houston Ch 10, Mayes & Shank Ch 11)
Week 10: Cash Flow Estimation and Other Topics in Capital Budgeting (Brigham & Houston)
Week 11: Risk Analysis and the Optimal Capital Budget (Brigham & Houston Ch 12)
Week 12: Capital Structure and Leverage’’ (Brigham & Houston Ch 13)
Week 13: Dividend Policy’’ (Brigham & Houston Ch 14)
Week 14: Financial forecasting (Brigham & Houston Ch 15, Mayes & Shank Ch 5)
Week 15: Managing Cure net Assets (Brigham & Houston Ch 16)
Week 16: Financing current Assets (Brigham & Houston Ch 17)
Financial management by 
The analysis and use of financial statements by