01
WelcomeWhat this course is for, how it is graded, and what you will be able to do by December
02
The two pages every company hasThe balance sheet is a photo of one day. The income statement is a video of one year. How to read both
03
Numbers that talkRatios. Is the company earning well, can it pay its bills, how fast does money come back, how much does it owe?
04
Using ratios on real companiesWe take real published accounts and work out what is actually happening inside the business
05
Money today is worth more than money laterPresent value and future value. Why 100 rupees now beats 105 rupees next year at some rates and not others
06
The same payment, many timesAnnuities — rent, salaries, loan instalments. One formula instead of twenty calculations
07
What is a bond worth? What is a share worth?Pricing a promise of future money, and why the same share gets two different prices from two honest people
08
Midterm examReading statements, ratios, and valuation — everything from weeks 2 to 7
09
Should we buy it?How to judge a big purchase. NPV, IRR, profitability index and payback, and what each one hides
10
Getting the numbers rightWhich cash flows count, comparing projects of different lengths, and choosing when money is limited
11
When you cannot be sureExpected return and risk, why spreading your money helps, and what beta actually measures (CAPM)
12
What does money cost?The price of borrowed money, the price of your own money, and how to mix them into one rate (WACC)
13
Borrow, or use our own?Capital structure. Why borrowing is cheap and dangerous at the same time, and where the balance sits
14
Who gets the profit?Dividend policy — how much to pay owners, how much to keep, and why a change sends a message
15
Final examInvestment decisions, risk, cost of capital and capital structure — weeks 9 to 14