This study text aims to provide you with the knowledge necessary to evaluate the impact of financial decisions on different constituencies of stakeholder. Written in an accessible and practical manner topics covered include financial risk and how to manage it, investment appraisal and risk, valuation methods and applying practical decision making in the financial world. The Chapters containing calculations will contain a number of exercises and some will contain small cases. Several areas of the syllabus lend themselves to illustrations drawn from the real world and/or to more academic material in the form of references to academic journals.