GRADUATE SCHOOL OF MANAGEMENT UNIVERSITY OF ZIMBABWE ~ FACULTY OF COMME: CE MBA PART ONE ~ SECOND SEMESTER JANUARY 2009 (1°t DRAFT) [Fes 8.00-9.30 | 9.45-11.15 | 11.30-1.00 | 2.00-3.30 | 3.45-5.15 | 5.15-6.45 ‘SAT? NS1 NS2 FINt FIN2 EXEC1 | EXEC2 ‘SUNS ‘ORT ‘OR2 MTA MKT2 BRM1 | BRM2 SAT 14 [FINS FING EXECS |EXEC4 [BRMS__| BRMA SUN 15 _[NS3 NS4 MKT3 MKT4 ‘ORS ‘OR4 SAT 21 [ORS ‘ORG NSS NSE FINS FING SUN 22 [MKTS MKTE BRM BRM6__ [EXECS | EXECE SAT 28 [EXECT EXECS FINT FIN@ | MKT?__| MKT8 MARCH SUN 1 [BRIT BRMB NS7 NSB ‘OR ‘ORB SAT_7__ [NSO NS10 [ORS ‘ORO BRMS__| BRM10 SUN 6 __[MKTO MKT 10 EXECS | EXECTO | FING FIN10 SAT 14 FIN11 FIN12 BRM11 BRM12___|MKT11__[MKT12 SUN_15__[ORT1_ ‘OR12 NSTI NS12____[EXEC1T |EXEC?2_| SAT 21 NS13 NS14 OR13 ORI EXECI3 | EXEC14 SUN 22 | BRMi3 BRMi4 MKTI3___[MKT14___[FINT3 | FIN14 [ [ [SAT 28 |EXECTS [EXECT6 | FINTS FINTS MKT15 | MKTI6 SUN 29 [NS15_ NSi6 BRMi5__|BRMI6 __[OR1S | ORI6 ‘APRIL — SAT 4 NSi7 NSi8 ORT? | OR18 BRMi7__| BRMI8 SUNS MKTI7 MKTI8 FINT7 FIN18 EXEC17 | EXEC1S FRI 10 BRAS BRM20___| NS19 NS20 ORi9 | ORO ‘SAT 11__| FIN19. FIN20 TEXECTS | EXEC20_[MKT19_| MKT20 SUN 12 [NS21 NS22 OR21 OR22 BRM2i__| BRM22 MON 13__| MKT21 MKT22____[EXEC21__[EXEC22 | FIN21 | FIN22 SATI8__|NS23 NS24 BRM23_ | BRM24_[OR23___ | OR24 SUN19___|EXEC23___ [EXEC 24 | FIN23 FIN24 MKT23__| MKT24 SAT 25 __| BRN25 BRM26 MKT25__|MKT26__| FIN28 _| FIN26 SUN 26_[OR25 ‘OR26 NS25 ___| NS26 EXEC25 | EXECZ6 I(BATE 8.00-9.30 | 9.45-11.15 | 11.30-1.00 | 2.00°3.30 [3.45-5.15 | 5.15-6.45 MAY | | FRG FIN27 FIN2S OR27 | FIN2S BRUT | BRM2E SAT2 NS27 NS28 MKT27___ | MKT28__ [EXEC27_[EXEC28 SUN 3 _[OR29 ‘OR30 EXEC29__|EXEC30_[FIN29___| FIN30 (SATS BRM29 BRNO FING1 FIN32 OR31 ‘OR32 SUN 10__ | NS29 NS30 MKT29___|MKT30__[EXEC31_[EXEC32 SAT 16 [NS31 NS32 EXEC33_[EXEC34_ | MKT31_ | MKT32, SUN17__[OR33 OR34 BRM31 | BRM32__[FIN33___[ FIN34 ‘SAT23__[ FIN3S FINS6 ‘OR3S ORIE BRM33_[BRM34 SUN 24 [NS33 NS34 MKT33___|MKT34__[ EXEC35_| EXEC36 MON 25__[ BRI35 BRM36 OR3?7 OR38 FIN37__| FIN38 SAT30___[ ORS ‘OR40 BRMS7___|BRM38__| EXEC37_| EXEC38 SUN 31__| MKT35 MKT36 NS35 NS36 FIN39___| FIN4O JUNE SATE MKTS7 MKT38 NS37 NS40 BRM39_| BRM40 SUNT NS39 NSa0 [MkT39___[MKT40__[ EXEC39_[EXEC40 Code: I ss Research Method Negotiation Skilis, | MrN.Kaseke [Mr WE. Louw | Executive Economies Mr M. Kwaramba Business Finance Mr G. Muponda | Marketing Manage Dr D. Maravai | Operations Res Venue: HLT 500 Tea Break Lunch Afternoon Tea 9.30 — 9.45, 1.00 - 2.00 330-345, [Mr E. MakoniUNIVERSITY OF ZIMBABWE GRADUATE SCHOOL OF MANAGEMENT. COURSE OUTLINE FOR BUSINESS FINANCE : PART 1 LECTURER : G MUPONDA 0912370653 , 023435718 PURPOSE OF THE COURSE The purpose of this course is to equip participants with the relevant knowledge and tools necessary for financial decision-making, including financing and investment decisions ol ‘TIVES OF THE COUR: ‘At the end of the course, the participant should be able to: 1, Explain the main objective of financial management and the constraints that managers may face in achieving this goal. 2. Explain the main sources of funds for the business and their relation to the value of the firm. Analyze the financial status of the business at a point in time and assess its performance during a given p 4. Assess the investment decisions of the firm using appropriate techniques. Calculate the cost of the funds used in the business. 6. Determine the value of the securities used to finance the assets of the firm, thereby artive at the value of the firm's assets. 7. Explain the issues surrounding the dividend policy and capital structure decisions of the firm. SPECIFIC AREAS TO BE COVERED. 1. Analysis of the balance sheet. 2. Equity value-maximization, agency theory and agency conflicts 3. Sources of funds for the business: Short-term, medium-term, long-term sources of funds. 4, Analysis of profitability, solvency, liquidity, assets utilization, and competitive strategy using the balance sheet and the income statement. Time-value of money and capital budgeting: Payback Period, Net Present Value, Internal Rate of Return. 6. Cost of Debt, Cost of Equity, and the Weighted Average Cost of Capital. 7. Valuation of Debt and Equity securities. 8 9. The Capital Structure Decision. . Dividend Policy. COMMENDED READIN‘ BRIGHAM, E and GAPENSKI, L (2000), Financial Management, Theory and Practice. 2™ edition. Dryden Press, NY. 2. Van HORNE, J (2004). Financial Management and Policy. Prentice-Hall. 3. MUPONDA. G (2007) Corporate Finance. International Business School, Belgravia, Harare. COURSE ASSESSMENT, 30% Final Examination 70%