Course Overview
This course builds on the topics and techniques of FMGT 3510 Business Finance 1. Students will use tools such as DCF/NPV analysis and the weighted average cost of capital to develop a framework for capital budgeting that focuses on increasing shareholder value. Corporate risk management concepts and international financial planning issues will also be addressed. An overview of the theory and practice of capital structure decision making and shareholder distributions will be provided. Additional topics include leasing, public offerings, and financial options.
Prerequisite(s)
- 50% in FMGT 3510
Credits
5.0
Domestic fees
$868.85
International fees are typically 3.4 times the domestic tuition. Exact cost will be calculated upon completion of registration.
Learning Outcomes
Upon successful completion, the student will be able to:
- Explain how firms raise long‐term financial resources.
- Assess a firm's various sources of capital and calculate its cost of capital.
- Define and determine a firm’s optimal capital structure.
- Explain the main factors that may affect a firm’s capital structure choice.
- Determine and estimate the relevant cash flows in a capital budgeting analysis.
- Analyze the desirability of an investment in capital assets under conditions of uncertainty and risk.
- Assess whether a company should lease or buy capital assets.
- Assess the impact (if any) of a cash dividend, stock dividend, stock repurchase and stock split on a firm’s share price.
- Using real‐life examples, analyze a firm’s capital structure choice and distribution policy.
- Discuss the factors important to firms when operating internationally.
- Explain the main factors influencing exchange rates.
- Use derivatives (forward and futures contracts, swaps, options) to hedge financial risk (ex. currency risk, interest rate risk, and commodity price risk).
- Describe the basic mechanics of financial options and discuss the main factors affecting a call and a put option’s value.
- Describe how general option concepts can be applied to other aspects of financial management.
Effective as of Fall 2024
Related Programs
Finance 2 (FMGT 4510) is offered as a part of the following programs:
- Indicates programs accepting international students.
School of Business + Media
- Accounting
Diploma Full-time
- Accounting
Diploma Part-time
- Finance
Diploma Full-time
- Finance
Diploma Part-time
- Financial Management (Finance Option)
Certificate Part-time
- Financial Planning
Diploma Full-time
- Financial Planning
Diploma Part-time
Course Offerings
Fall 2026
Below are two offerings of FMGT 4510 for the Fall 2026 term.
CRN 51497
Dates
Sep 01 - Dec 08 Loading
- CRN 51497
- $868.85 Domestic fees
Class meeting times
Duration
15 weeks
Instructor
Joe Ilsever
Course outline
Important information
- Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
- The following dates will be HELD IN-CLASS at the Burnaby Campus and are MANDATORY. Mid-Term: Tuesday, October 13, 2026 (18:00 - 22:00), Midterm debrief: Tuesday, October 20, 2026 (18:00 - 22:00) and Final: Tuesday, December 8, 2026 ( 18:00 - 22:00). This is not a self-paced course. You will be expected to be available and online on the posted days and times shown on your registration schedule. Course content, type and quality of assignments, and general standards for this online course are the same as classroom courses. To be successful in this online course, plan to spend 7-10 hours per week on your studies, or more of it’s a condensed course, starting Week 1. Important course information will be sent to your myBCIT account prior to your course start date.
Confirmation
Required
To proceed with registration and add this course to the cart, please confirm:
Status
If you have any questions about this course, please contact us.
CRN 34492
Dates
Sep 05 - Dec 12 Loading
- CRN 34492
- $868.85 Domestic fees
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Sep 05 - Dec 12 | Sat | 09:00 - 13:00 | Burnaby SE12 Rm. 312 |
Duration
15 weeks
Instructor
Joe Ilsever
Course outline
Important information
- Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
Confirmation
Required
To proceed with registration and add this course to the cart, please confirm:
Status
If you have any questions about this course, please contact us.
Programs and courses are subject to change without notice. Find out more about BCIT course cancellations.