Course
Objectives: This
course introduces the activities of financial managers in the planning,
acquisition and administration of funds used in a business enterprise. This course will examine the fundamental
concepts and basic tools used in financial management and demonstrate how those
concepts and tools can be applied in the selection and evaluation of investment
alternatives and in the business decision making process. The instructor’s objective is to see that all
students attain the level of understanding of the course material that is
expected of business graduates by the business community and to provide a
sufficient foundation for those students who wisely choose to build on that
foundation for their own personal benefit and for the benefit of their future
employers.
Expected
Learning Outcomes: Upon
successful completion of this course, students are expected to:
Understand
the Time Value of Money and the factors which impact it
Be able to
establish, manage and evaluate payment schedules for loans and investments
Be able to
translate values across time
Understand
the relationship between risk and return and factors that impact both
Be able to
value common stocks, bonds, and preferred stocks
Be able to
determine the cost of capital for a business
Be able to
make business decisions using a discounted cash flow model
Be able to
evaluate potential business investments and make reasoned recommendations
Textbook: Fundamentals of Financial Management, Concise 8th
Edition by Eugene F. Brigham and Joel F. Houston, ISBN: 10 1-285-06513-1 ISBN-13:978-1-285-06513-7