International Business Finance introduces students to the fundamental workings of business and finance in the global economy. The course brings clarity and focus to the complexities of the field, and demonstrates the key linkages between the foreign exchange markets and world money markets. Core topics examined include corporate aspects of international finance, with special attention given to international monetary policy; the balance of payment; the mechanics of the foreign exchange markets; contractual and operational hedging techniques; foreign direct investment (FDI); and International Trade Theory. Finally, the course introduces the International financial management environment. International Business Finance also contains up-to-date statistics from across the globe; relevant international case studies; problem sets and solutions.
- Teacher: Yihenew Adugna
The course is intended to provide the student with a sound understanding
and appreciation of the principles of corporate finance. The course covers the
theory and practice of financial decision-making by managers and describes how
financial theory can be used to address practical problems and to highlight
institutional aspects of the financial world. Topics include: the time value of
money, capital budgeting, financial statement analysis, capital structure,
leverage, dividend policy, long-term financing and issues of corporate control,
management of working capital, management of cash, management of receivables,
and, management of inventory. The course enables students to develop the skills
and intellectual framework for addressing a variety of financial management
problems.
- Teacher: Yihenew Adugna
This course intends to bring together investment analysis and portfolio theory and their implementation to portfolio management. Investments can be thought to be composed of two branches: security analysis and portfolio management. The course will begin by looking at the meaning of investment, investment selection and the concept of risk/return; then we will examine modern portfolio theory, including Markowitz portfolio theory, market efficiency and behavioral finance. Asset pricing models such capital asset pricing models (CAPM) and Arbitrage Price Theory (APT) are also included. The nature of investor objectives, their risk tolerance, asset allocation decisions and performance evaluation issues will be explored. The second half of this course delves into security analysis, which is concerned with the analysis and valuation of securities. In this course students will be involved with the analysis and valuation of stock and bonds. Issues concerning macroeconomics, industry and company analysis, alternate (qualitative and quantitative) methods of valuation, the timing of buy/sell decisions, etc. will be explored. This course will conclude by examining the emerging field of derivatives to include: Forward/Futures Contracts, option contracts, payoff patterns and pricing, option strategies, and applications in risk management.
- Teacher: Wondwossen Jerene
This course is intended to
help you understand the role of financial institutions and markets play in the
business environment that you will face in the future. It also helps you to
develop a series of applications of principles from finance and economics that
explore the connection between financial markets, financial institutions and
the economy. On the financial markets side, we will learn the term structure of
interest rates, stocks, principals of derivatives, and currencies. On the
institutions side, we will learn commercial banks, investment banks, insurance
companies, mutual funds, the Federal Reserve Systems and their role of in the
economy. The course introduces an overview to financial
systems in general as well as in Ethiopia.
- Teacher: Wondwossen Jerene
The course is intended to provide the student
with a sound understanding and appreciation of the principles of corporate
finance. The course covers the theory and practice of financial decision-making
by managers and describes how financial theory can be used to address practical
problems and to highlight institutional aspects of the financial world. Topics
include: the time value of money, capital budgeting, financial statement
analysis, capital structure, leverage, dividend policy, long-term financing and
issues of corporate control, management of working capital, management of cash,
management of receivables, and, management of inventory. The course enables students
to develop the skills and intellectual framework for addressing a variety of
financial management problems.
- Teacher: Wondwossen Jerene
This course examines information systems used for management
decision-making and external reporting, with specific emphasis on assuring
systematic control over accounting information and on the reliability of that
information. As information becomes a competitive tool, line managers are
encouraged to get more involved in decision-making. It provides an opportunity
to relate accounting information systems concepts, including designing and
implementing internal controls and information flows, to actual problems
encountered in the analysis, design, implementation, and utilization of
accounting information systems.
This course will emphasize practical application of basic AIS concepts.
It has been designed to provide knowledge accountants will need for
understanding and using information technologies and for knowing how an AIS
gathers and transforms data into useful decision-making information. The course
will cover internal control concepts, business processes, computer crime,
controls, privacy, and other emerging issues.
- Teacher: Daniel Mehari Alemayehu
“This course use as a foundation the materials covered in the under graduate level to expand upon the concepts fundamental to management accounting from an entity’s strategic perspective. The advanced cost and management controls system reviews various management accounting issues that must be dealt with by companies in order to develop strategies. The course to this end tries to relate accounting issues to organizational theories, integration of divisional performance evaluations, and incentive compensations system into strategic planning and management control systems. The topics covered include strategic cost management (how to implement cost management strategy, including application of various methods in strategy formulation use of ABC/M), cost planning, profit planning, and application of target costing, life cycle costing and theory of constraints in cost planning, operational and management level controls.
As the course assumes fundamentals of cost and management accounting at undergraduate level, topics covered emphasize strategic issues in cost and management accounting used in strategic choices (“accounting for strategic positioning”).
Course Objectives
Upon the successful completion of this course, students should be able to:
• Define cost and management accounting
• Describe the role and place of management accounting in modern business environment
• Apply the ABC and ABM
• Apply cost estimation techniques for cost planning
• Apply strategic cost and management techniques in strategy formulation
• Apply performance measurement techniques
• Describe incentive and motivation
• Describe the place of Management Control Systems, in relation to strategic control, and task control
• Describe the role of modern strategic management accounting / cost management in strategic positioning of a firm
- Teacher: Daniel Mehari Alemayehu
The course is intended to provide the student
with a sound understanding and appreciation of the principles of corporate
finance. The course covers the theory and practice of financial decision-making
by managers and describes how financial theory can be used to address practical
problems and to highlight institutional aspects of the financial world. Topics
include: the time value of money, capital budgeting, financial statement
analysis, capital structure, leverage, dividend policy, long-term financing and
issues of corporate control, management of working capital, management of cash,
management of receivables, and, management of inventory. The course enables students
to develop the skills and intellectual framework for addressing a variety of
financial management problems.