Introduction to managerial finance: Role and environment of managerial finance; Financial statements and analysis; Cash flow and financial planning -- Important financial concepts: Time value of money; Risk and return; Interest rates and bond valuation; Stock valuation -- Long-term investment decision: Capital budgeting cash flows; Capital budgeting techniques; Risk and refinements in capital budgeting -- Long-term financial decision: Cost of capital; Leverage and capital structure; Divident policy -- Short-term financial decisions: Working capital and current assets management; Current liabilities management -- Special topics in managerial finance: Hybrid and derivative securities; Mergers, LBOs, divestiture, and business failure; International managerial finance.