Analysis of Investment Decisions

This course aims to provide comprehensive understanding on the theme of investment,, their financing and the involvement and importance of space in investment decisions.

Objectives

This course analyzes the types of investments, their funding methods and oitropoi rating based on valuation potential costs resulting from this investment either with or without certainty, and specific issues that have to do with applying methods chrimatoooikonomikon costing stocks and financial decisions.

Prerequisites

Mathematics of Finance, Management Accounting

Syllabus

To attempt to appoint someone evaluate investment would say that it is an extremely complex exercise which by its nature involves a significant degree of uncertainty and risk. The financial assessment is the focus of business process directly related to the concept tontameiakon flows of investment. It is a useful analytical tool, opoiosynodefei and supplements and substantiates quantitatively essentially justifying the correctness or otherwise of the planned or investment made. The evaluation of an investment based on a total understanding of the company (internal environment) and the market (external environment) and issues tactical and strategic decisions by the company, with a subjective manner and time pressure should prepare. It is obvious that the larger the company the more lies and strategic dimension of any decision that is either impossible or wrong and to prospatheikaneis document with just a financial way. The financial evaluation of investment is inevitably based on many economic, commercial and production assumptions and its conclusions should in turn nadikaiologoun financial terms the feasibility of the investment. Any decision will be taken include the following two main procedures: a) Identify all revenues (inflows) and expenditure (outputs), which schetizontaime the planned investment (cash flow analysis) .b) The use of methods and criteria, based on the which above kaiekroes inputs can be evaluated (capital budgeting decision methods) .The first procedure, detection of expected income and expenses of the investment, is certainly the most difficult, the one that involves the largest uncertainty in neurodegenerative conclusions of the assessment. In this phase, compiled all paradochesgia investment, which is particularly hard and with great uncertainty. In phase aftiemplekontai people of various disparate disciplines to yield the greatest possible realism possible cases considered ependysis.I second procedure is a methodological - analytical character that aims tinepexergasia data and the first phase of assumptions that taking apofasisna assisted, based among other things on objective and understandable measurement modes. The basic assumption in the process of calculation of criteria and these indicators are iexelixi capital costs in present terms over time. Otherwise the calculation of the indicators is a simple, basically, case and the conclusions, staopoia they lead, ultimately as reliable as accurate and assumptions poukatastrothikan in the first phase of the analysis.