This subject provides students with an understanding of the tools and techniques used in financial decision making and up-to-date knowledge in financial management. It provides an understanding of the financial forces that influence corporate strategy, offering the opportunity for participants to acquire a range of skills and expertise expected of corporate managers. The outcomes are achieved using learning strategies that foster the application of leading-edge practices to meet the business challenges arising from international forces and technical and knowledge innovation. The subject material draws on an understanding of managerial accounting and economics, provides a basis for subsequent integrative subjects and examines the key areas of financial decision making such as risk and diversification, capital budgeting, and cost of capital.