2F2Y BUSINESS FINANCE
Lecture 20: Revision & Exams
Dr George Daskalakis Lecturer in Finance
Topics covered
• What have you learned? • Exams description
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Syllabus
Module textbook: Brealey / Myers / Marcus Fundamentals of Corporate Finance 7th Edition, McGraw-Hill
Chapters covered: 1, 2, 4, 5, 6, 7, 8, 11, 12, 13, 14, 15, 16, 17, 21, 23, 24 (Sections 1-3) Chapters NOT covered: 3, 9, 10, 18, 19, 20, 22, 25
NB: Basic understanding of accounting principles is assumed (Chapter 3).
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18/03/2013
Revision strategy
• Study the material covered from the textbook…
– When studying the relevant chapters, focus especially on what has been discussed during lectures.
• Study the seminar material…
– It will be assumed that you are aware of the exercises presented during seminars.
• Study last year’s exam papers… These are found on the module’s Blackboard (Assessment tab).
NB: Q1 from August 2011 reassessment paper is not relevant!
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Key topics: Introduction
Chapter 1: Goals & Governance of a Firm • Who is the financial manager? • What is the role of the financial manager? • What is a corporation? • What is the goal of corporations? • What are the agency problems and how can we address them?
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Key topics: Introduction
Chapter 2: Financial Markets & Institutions • Why are financial markets and institutions important? • How do savings flow to corporations? • What is the function of financial markets and intermediaries?
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18/03/2013
Key topics: Introduction
Chapter 4: Financial Statements & Indicators • What ratios are used for measuring profitability, efficiency, liquidity and leverage?
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Key topics: Value
Chapter 5: The Time Value of Money • Why is there a time value of money? • How can we calculate future from present values and vice versa? • What are annuities & perpetuities? • How can we calculate the present value of annuities & perpetuities?
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Key topics: Value
Chapter 6: Valuing Bonds