These comprehensive notes for the “Foundations of Finance A” course (BMAN23000A) are an exceptional academic resource, compiled by a student who graduated with First Class Honours in BSc International Business, Finance, and Economics from The University of Manchester in 2023. The notes span 236 pages, providing an exhaustive overview of both parts 1 and 2 of the course, incorporating material from lecture slides, spoken content, and the textbook.
The course delves into several fundamental aspects of finance. It begins with the valuation of assets, teaching students the various methodologies used to assess the worth of different types of financial assets in diverse contexts. Following this, the notes explore portfolio analysis, introducing techniques for managing a collection of investments to optimize the balance between risk and return. Students will gain a deep understanding of key theories such as the Capital Asset Pricing Model (CAPM) and the Arbitrage Pricing Theory (APT), which are essential for evaluating financial instruments and investment opportunities.
Further, the notes cover advanced topics like option pricing, providing insights into the complexities of derivatives and their valuation in financial markets. The course also extensively discusses the Net Present Value (NPV) criterion, detailing its critical role in investment decision-making under uncertainty, its calculation methods, and its practical applications in corporate finance. Additionally, significant emphasis is placed on the capital structure decision and the dividend decision, exploring how companies decide on the optimal mix of debt and equity financing and how they return profits to shareholders through dividends.
With an interdisciplinary approach, combining insights from international business, finance, and economics, these notes equip students with a robust framework for understanding and applying financial principles in real-world scenarios. They are essential for anyone studying finance, particularly those focused on achieving a thorough comprehension of corporate finance’s theoretical and practical aspects.
You must log in and be a buyer of this download to submit a review.
