Strategic Finance

This unit aims to bridge the divide between corporate finance and corporate strategy, using game theory and real options analysis. Game theory offers a systematic, structured approach to analysing strategic decision-making when there are situations of interdependence between the firm and its competitors. Real options analysis provides an investment evaluation tool that incorporates the value of flexibility and growth opportunities in an uncertain environment where competitors can affect each other’s behaviour.

Prerequisite: MGSM835 Financial Management