1. Explain the key issues faced by corporate financial managers and the analytical approaches required to resolve these issues to maximise firm value. 2. Apply time value of money concepts using formulae and financial calculators to value bonds and common stocks. 3. Explain the risk/return trade-off using examples from Portfolio Theory, the Capital Asset Pricing Model and the relationship between a firm and the capital markets. 4. Demonstrate competence using Bloomberg Market Concepts. 5. Apply concepts of cash flow analysis, evaluation techniques and the cost of capital to make a sound capital budgeting decision.