In this subject, students study the following: general accounting principles; capital budgeting techniques; discounted cash-flow analysis; risk analysis techniques; interest rate theory and discount rates; traditional and contemporary principles and methods of valuation, advanced capitalisation and other valuation methods; valuation of different classes of property; and sources of finance. A basic knowledge of a spreadsheet program such as Microsoft Excel is assumed. Students need to bring a financial calculator to class.
Autumn semester, City campus
Spring semester, City campus
Summer session, City campus