Business Finance

The course is a survey course in financial management.  Basic concepts such as security markets, interest rates, taxes, and risk/return valuation models are discussed as well as how financial management can be used to help maximize the value of a firm or household.

UPON COMPLETION OF THE COURSE, THE STUDENT WILL BE COMPETENT IN:

• Evaluating the relationship between management and stockholders relative to shareholder wealth.
• Describing and evaluating the forms of business organizations and their financial impact.
• Evaluating and applying capital budget models in business investment decisions.
• Evaluating and describing the characteristics of money and capital markets as sources of short-term and long-term funding.
• Evaluating and analyzing the components of interest rate.
• Performing financial projections in business financial planning.
• Evaluating financial leverage and financial risk relative to the firm.
• Evaluating corporate governance and ethics.
• Analyzing the relationship between risk and return in relations to portfolio management.
• Analyzing, evaluating, and interpreting financial statements and ratios as indicators for performance assessments and comparisons.
• Calculating free Cash flows and performing valuation of assets.
• Assessing the need for working capital management.
• Analyzing the characteristics of Bonds and common stocks.
• Evaluating and analyzing the different types of taxes.
• Understanding variations in capital structure among firms relative to risk.
• Analyzing dividend policy and the mechanics of dividend payments.