This course aims to introduce to students the basic concerns and techniques used in evaluating business and public projects. Concepts to be covered are capital budgeting, cash flow, risk, strategic options, valuation by ratios, costs and benefit analysis of public projects and decision criterions. The methods in costs and benefits identification and measurement, cost effectiveness analysis for business and public projects and the selection of discount rate are going to be addressed as well. Students are expected to be able to apply the analytical skills learned in this course to evaluate real world business and public projects.

CILO-1: Identify and measure the cash flows of a business project, decision, event. CILO-2: Evaluate the profitability of a business project, decision or event. CILO-3: Identify and measure the social benefits and costs of a public project, decision or event. CILO-4: Evaluate the net social benefit of a public project, decision, or event.