The meaning of financial management -- Strategy and risk -- Present and future value of money -- Capital structure and the cost of capital -- Portfolio management and the Capital Asset Pricing Model -- The investment decision -- The financing decision -- Analysis of financial and non-financial information -- Working capital management -- Valuations of preference shares and debt -- Business and equity valuations -- Mergers and acquisitions -- Financial distress -- The dividend decision -- The functioning of the foreign exchange markets and currency risk -- Interest rates and interest rate risk -- Business plans.