Financial Management

This subject aims to offer the students the necessary bases to rationalize the companies’ financial problems,
seeking to present rigorously and deeply a conceptual and methodological framework for their analysis.

1. Introduction
1.1 The financial management aims
1.2 Financial management main tasks and decisions
1.3 The external surrounding
2. The treasury management
2.1 Treasury management basic principles
2.2 Circulating capital fund needs’ management
2.3 Characterization of the short-term financial applications
2.4 Characterization of the short-term financing sources
3. Medium and Long-Term Financing and Capital Cost
3.1 Characterization of the main medium and long term financing sources
3.2 The capital structure policies and its main determinants
3.3 Risk, profitability and capital opportunity cost: the financial assets balance model
3.4 Determination of the capital weighted average cost
4. Results Distribution Policies
4.1 The different ways of results distribution
4.2 Main determinants of the results distribution policies
5. Financial Planning
5.1 The short-term financial planning: the elaboration of the treasury budgets
5.2 The m/l financial planning: the elaboration of the financial plan

NAO

1. Caldeira de Menezes, H., Princípios de Gestão Financeira. Editorial Presença.
2. Gomes Mota, A., Nunes, J. P., Ferreira, M. A., Barroso, C. S., Finanças Empresariais – Teoria e Prática. Publisher
Team.
3. Hill, N.C., Sartoris, W.L., Short-Term Financial Management. Prentice-Hall.
4. Ross, S.A., Westerfield, R.W., Jaffe, J., Corporate Finance. Mcgraw-Hill.
5. Vernimmen, P., Quiry, Pascal, Dallocchio, Maurizio, Le Fur, Y., Salvi, A., Corporate Finance – Theory and Practice,
John Wiley & Sons.
6. Vieito, J. P., Maquiera, C. P., Finanças Empresariais – Teoria e Prática, Escolar Editora.
7. Texto disponibilizado pelos docentes: “Fontes de financiamento a médio e logo prazo”