In the financial management concentration we study the complex and challenging questions facing today's Chief Financial Officers and other financial decision makers.
Financial management deals with the dynamic interaction of operational and financial decisions of companies and the consequences of these decisions for stakeholders in the firm, and it requires an understanding of both financial accounting and global capital markets. In the concentration we build upon the skills acquired during the previous modules to study more advanced issues in accounting and financial reporting, management control, capital markets and corporate finance.
The Financial Management concentration looks at how companies are managed from the perspective of the CFO and their colleagues. We emphasize that financial decisions cannot be made in isolation; they cohere with company strategy and the company's financial situation. We also want to facilitate communication and interaction between financial managers and business managers. The concentration defines financial decisions to be made and introduces tools for decision making. We give you a framework for financial analysis and discuss how decisions can be implemented.
The format of the financial management concentration will be highly interactive, making extensive use of real company examples and selected case studies throughout the course. The focus will be mainly on the practical aspects of financial management, giving you a solid understanding of how to optimally use quantitative financial techniques in real-life business situations and decisions.