Advanced Managerial Finance Course of BAcc at University of Malaya

Faculty of Business and Accountancy University of Malaya

Faculty : Business and Accountancy
Department : Finance and Banking
Programme of Study : Bachelor of Accountancy
Course Code : CFEA 3230
Course Title : Advanced Financial Management
Credit Hours : 3
Course Pre-requisite(s) /
Minimum Requirement(s) : None
Learning Outcomes : At the end of this course students should be able to :
1. Calculate and discuss historical returns, volatilities and risk premiums
using examples from Malaysian capital market.
2. Apply the concepts of financial return and risk to long-term decisionmaking
and explain the relationships between them.
3. Identify different approaches that are used to estimate cost of capital,
the effects of leverage on risk and return and the basic trade-offs
leading to an optimal capital structure.
4. Assess the implications of dividend policy on firm’s value, issues
associated with mergers and acquisitions in particular the benefits,
tax aspect of acquisition and cost of an acquisition.
5. Illustrate some of the most important types of risk and the need to
manage these risks.
Synopsis of Course Contents : This course discusses about the functions of finance managers, capital
market and instruments, risk and return, long-term financing and project
cash flows, Besides these, capital structure and cost of capital, stocks
and bonds, dividends and dividend policy are also discussed. Students
will also be introduced to risk management, merger and acquisition,
corporate performance measurement, leasing and international finance.
Assessment : Continuous assessment : 40 %
Final examination : 60 %

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