Study program / study programs: INFORMATION SYSTEMS

Type and level of studied: Undergraduate applied studies

Subject: FINANCIAL MANAGEMENT

Status: Elective

ECTS credits: 8

 

Course objective

Introducing the students to the ways in which contemporary companies gather financial means, with the techniques for their allocation and decision-making in the finance realm and, furthermore, enabling them to contribute to creating new value for the owners; introducing the students to approaches to decision making in financial organizations and companies, regarding investing, financing and asset management; imparting the knowledge, methods and techniques, as well as specific techniques that are of critical importance in a dynamic business environment when it comes to making a number of business decisions, especially financial ones.

Course outcome

Through attending this course, the students will learn about financial management, the goals of a company, the basics of corporate management and how the financial function is organized at company level. You will learn about corporate income tax, tax rates in Serbia, the concept of tax brackets, the categories of financial markets, the types of corporate financial reports, ratio-analysis of indicators in corporate balance sheets and income statements. They will learn the techniques of capital budgeting, project assessment methods, the elements of capital costs, how to determine the rate of average cost of capital, the principles of evaluating a company’s assets, how to calculate a company’s liquidation value, the relationship between the book value and the market value of a company, the concept and types of securities.

Course content

  Theoretical classes

  • The role and objectives of financial management
  • Business, tax and financial environment
  • Time value of money
  • Analyzing financial reports
  • Analyzing liquidity, solvency and profitability ratios
  • Asset analysis, cash flow analysis
  • Financial planning
  • Current asset management analysis, turnover ratios
  • Short-time financing
  • The techniques of capital budgeting
  • Operational and financial leverage
  • Capital structure analysis
  • Dividend policy