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Cash flow is the lifeblood of a
business. It travels through every artery of business activity. A stable
positive cash flow is the yardstick that measures business success and is the
basis of increasing shareholder wealth. A healthy cash flow is the result of
careful asset planning and management, intelligent selection of financing
instruments, and implementation of well thought-out plans that integrate,
direct, and monitor all aspects of business operations.
Consistent financial success only occurs when a company pursues a strategy that
is sensible within the context of the competitive landscape it faces and the
strengths it possesses or develops that produce a competitive advantage.
The corporate finance program fuses business strategy, asset selection and
financing, financial forecasting and planning, and cash flow management into a
powerful model that creates understanding of a business as an economic system; a
model that is real-world applicable to good decision-making. Specific topics
such as mergers and acquisitions, international finance, hedging, dividend
policy, and others are woven into the analytical framework. Students also have
an opportunity to develop sub-fields in accounting, investments, or
international finance.
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