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Principles of Strategy, Risk & Financial Management Techniques - MAC2602

Advanced Certificate,Under Graduate Degree,Diploma Semester module NQF level: 6 Credits: 12
Module presented in English Module presented online
Pre-requisite: FAC1601 & (either BNU1501 or QMI1500 or DSC1630) CAS1501, CBC1501 Co-requisite: FAC1502 & (either BNU1501 or QMI1500 or DSC1630)
Recommendation: IOP1501, ECS1601, MAC2601
Purpose: To equip students with knowledge and understanding regarding management accounting principles. Theories, methods, techniques and skills relevant to financial management are introduced and applied in topics such as: *Enterprise strategy and strategic financial management - creating an understanding of the role of strategic management and factors influencing such strategy. *Risk management - define and explain risk, risk frameworks, approaches and identification, risk assessment and reporting. *Managing and investing of funds - analysis of financial information, analysing and managing working capital, capital investments and capital budgeting techniques. * Financial management, financing and the cost of capital - time value of money concepts and solving time value of money problems, sources and forms of finance, theory of capital structure and the calculation of the cost of capital.