Financial Management

Department of Finance & Investments

NUST Business School

National University of Sciences & Technology

(NUST)

EMBA 2K22
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Course Details:
Course Title: Financial Management Credit Hours: 3
Course Tutor: Dr. Muhammad Ali Pre-requisite: none
Program: EMBA Sections: A & B

Course Faculty:
Office: Room 311, Second Floor, NUST Business School, NUST H-12, Islamabad
Consultation Hours: 2:00 pm – 3:30 pm (Tuesday & Thursday)
Contact: 051-90853167
Email: [email protected]

Course Description:
This course introduces the students to basic concepts in finance to help them develop an
understanding of how organizations effectively manage their operating and fixed assets and
fund them with an optimal mix of debt and equity financing. Topics include asset valuation,
investment and financing decisions, risk and return tradeoffs and fundamentals of international
financial management. The contents of this course will be supplemented by the Corporate
Finance course to be taken in the next semester.

Course Learning Outcomes:

By the end of this course, the student should be able to:
CLO 1. Interpret the key concepts in finance for management of financial resources.
CLO 2. Make use of different methods of valuation of shares and bonds for pricing of
securities.
CLO 3. Apply appropriate methods of calculating required rate of return given the risk of
securities.
CLO 4. Analyze solutions to minimizing agency problems.
CLO 5. Inspect the different forms of market efficiency.
CLO 6. Compare various investment appraisal techniques to select projects.

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Program Goals & Learning Objectives:
Goals & learning objectives of the EMBA Program are:

Goal 1: Students will be capable of critical thinking

LO 1.1: Students will be able to solve problems with the application of business
knowledge.
LO 1.2: Students will be able to evaluate competing decision criteria
and alternatives
Goal 2: Students will demonstrate leadership skills
LO 2.1: Students will be able to develop the ability to lead and manage in teams
LO 2.2: Students will be able to make sound decisions Goal 3: Students will learn to
communicate effectively
LO 3.1: Students will be able to communicate effectively in oral presentations
LO 3.2: Student will be able to create professional reports
Goal 4: Students will deal with the ethical dilemmas that arise in a business environment
LO 4.1: Students will be able to identify ethical concerns emanating
from a business situation
LO 4.2: Students will be able to apply ethical guidelines to address business problems
by examining a set of alternatives

Mapping - CLOs with Los

Learning Objective LO 1.1 LO 1.2 LO 2.1 LO 2.2 LO 3.1 LO 3.2 LO 4.1 LO 4.2 Not mapped

CLO 1 ✓
CLO 2 ✓
CLO 3 ✓
CLO 4 ✓
CLO 5 ✓
CLO 6 ✓

Note: ✓ indicates mapped and assessed CLO, indicates mapped but not assessed CLO
and X indicates unmapped.

Required Course Material:

Textbook (s):
The required text for this course is following:
Financial Management: theory and practice by Brigham and Ehrhardt. 16th Edition.

Other Material:

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 I will give also share copies of practice questions and case studies as we go along.

Course Evaluation:
Grading will be done as per NBS criteria. The breakup of the grade points is as follows:
Midterm Examination 0%
Final Examination 30%
Quizzes 35%
Assignments/Project 35%

Weekly Schedule:
Session Outcomes (Students
Week Lecture No. and Topic Preparation Material
should be able to…)
1 An overview of financial Chapter 1, Brigham and Appreciate what financial
management and financial Ehrhardt (2016) management is all about. CLO 1,6
environment
2 Time value of Money Chapter 4, Brigham and Understand time value of money.
Ehrhardt (2016) CLO 3

3 Bond, bond valuation and Chapter 5, Brigham and Value bonds and understand how
interest rates Ehrhardt (2016) interest rates impact bond
valuation. CLO 3

4 Valuation of stocks and Chapter 7, Brigham and Value shares and companies.
corporations Ehrhardt (2016) CLO 3
5 Working Capital Chapter 15, Brigham and Understand working capital
Ehrhardt (2016) management. CLO 1
6 Case study Destron Petroleum Services Understand time value of money.
CLO 3
7 Cost of capital Chapter 9, Brigham and Understand and quantify cost of
Ehrhardt (2016) capital. CLO 4
8 Principles of Capital Chapter 8, Brigham and Conduct investment appraisal.
Investment Ehrhardt (2016) CLO 5
9 MID-TERM EXAM WEEK
10 Risk and return Chapter 6, Brigham and Understand the relationship
Ehrhardt (2016) between risk and return. CLO 4
11 Risk and return Chapter 6, Brigham and
Ehrhardt (2016)
12 The basics of capital Chapter 10, Brigham and Understand the difference
budgeting: Evaluating cash Ehrhardt (2016) between profits and cash flows.
flows Conduct investment appraisal.
CLO 5

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13 The basics of capital Chapter 10, Brigham and Understand the difference
budgeting: Evaluating cash Ehrhardt (2016) between profits and cash flows.
flows Conduct investment appraisal.
CLO 5
14 Capital structures Chapter 9, Brigham and Determine optimal capital
Ehrhardt (2016) structure. CLO 1
15 Efficient market hypothesis Chapter 11, Brigham and Understand market efficiency.
Ehrhardt (2016) CLO 2
16 Guest Lecture by the SECP To be announced CLO 1,6
17 BUFFER WEEK
18 FINAL EXAM WEEK

Class participation:

Course Policies:
Attendance:
▪ In the event of a missed session, it is the student’s responsibility to consult Qalam and
their classmates for missed content.
▪ Class attendance will be taken in first 5 minutes of the class. Do not be late for class
otherwise you will be marked absent for the session(s). If you are away on official
NUST duty, it is the student’s responsibility to inform the instructor on time with an
official note.
▪ It is the student’s responsibility to continuously monitor his/her attendance. Do Not ask
the instructor to change/modify the attendance, unless there has been an accidental
oversight. In such an event, the student should inform the instructor of the error (with
proof) before the month ends.

Discipline / Deadline Extension Policy:

Students are intimated in advance that there is no room for deadline extensions in this module
for individual as well as for group activities/ submissions. The sole reason for this is the
provision of similar grounds to each Student. Therefore do not ask for any such favours. Prove
yourself as educated, well groomed individual during your stay.
Class Participation:
Students are encouraged to participate and present their own ideas/views during the module in
a respectable manner. Remember that there is no right or wrong answer, so try to share your
perspective freely and confidently. However always remember that speak only when you be
given a turn, always raise your hand before speaking to grab audience attention.
Examination:
The course will have two exams to measure Student’s understanding of the subject, mid-term
in the 9th and final in the 18th week of the course. Students are required to present their
arguments in a systematic and well-balanced approach. Use of headings will be highly

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 appreciated. The Students are encouraged to read and reference from a variety of material to
present a thorough understanding of the module.
Academic Integrity:
Students are required not to indulge in plagiarism and dishonesty which will be dealt strictly
in accordance with the plagiarism policy. Students are free to discuss with their peers and
allowed to study in groups; however, on account of individual submissions, whether be it
assignments/ projects, you are required to submit your own reflection on the assigned topic.
Missed Classes:
Students are encouraged not to miss classes, however in the case of such eventuality they are
required to follow-up from peers and come up well prepared in the classes to come. Make sure
it is the sole responsibility of the Student to compensate for the losses incurred and No excuses
will be dealt with on this account.
Consultation & Contact:
I am available in my office on Tuesdays and Thursdays but you need to seek appointment
through my official email [email protected] at least a day in advance other than in
emergency cases.
Cell Phone Policy:
When cell phones ring and students respond in class or leave class to respond, it disrupts the
class. The use by students of cell phones or similar communication devices during scheduled
classes is prohibited. All such devices must be turned off. At the discretion of the instructor,
exception to this policy is possible, in special circumstances.
Reading Policy:
Students are responsible for coming prepared to class. The required reading material assigned
for each class must be prepared before the session as this is necessary for conducting a
discussion based interactive session.
In addition to the portfolio assignments, we will use at least 2 HBR cases during this
course. Students will be required to read some of the articles as and when assigned by the
instructor via MS Teams, and present a response within their respective group.

Dos and Don’ts:

DO DO NOT
Come to class on time and having completed Submit assignments, quizzes late. Such
the reading material. assignments and quizzes will not be accepted.
Take notes during the lectures. Cause disturbance in class.
Research topics and news items for
constructive (and respectful) in-class Eat/Drink food in class.
debates.

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Let the lecturer know in advance if you need
Ask the lecturer to reschedule deadlines.
to miss a class.
Constantly monitor the course outline and
Ask the lecturer to change attendance details.
have it with you at all times.
Forget to write some form of identification on
Switch off/Put your phones on silent
each document that is due for submission of
during class.
any kind.
Make up your own format of labelling /
Follow submission instructions for any
submission of assessed material – you will lose
assessment content
marks for this

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Sample Front Page:

NUST Business School

HRM xxx – Introduction to Management
Topic of Report/Assignment

Submitted to;
Xyz
Submitted by;
Xyz
EMBA 2K22

Date: xx Month, 2022.