Managerial Finance

The course provides an understanding of the theory and practices underlying sound financial decisions in the domestic and global business organization.  Topics include financial markets, determinants of interest rates, cash flow analysis, investing portfolios, asset pricing models, and capital budgeting.

PREREQUISITES: BUS3104 and BUS4113 or the equivalent.

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

• Discussing the place finance has in an organization.
• Understanding the different forms of business organizations.
• Understanding how financial decisions help accomplish organizational goals.
• Discussing financial markets.
• Explaining the determinants of interest rates.
• Explaining cash flow analysis.
• Understanding methods of stock and bond valuations.
• Describing the relationship between risk and return and portfolio risk.
• Describing modern portfolio theory and the Capital Asset Pricing Model.
• Analyzing net present value concepts and discounted cash flow analysis.
• Explaining and applying the basics of capital budgeting.
• Estimating cash flow for capital budgeting.
• Explaining risk analysis in capital budgeting and capital structure theories.
• Determining business and financial risks.
• Explaining dividend policy.
• Explaining the investment banking process.
• Explaining stock and bond issues as a source of long-term financing.
• Analyzing key concepts in International Corporate Finance.