Virtually all the activities of business firms and other organizations are reflected in, and affected by, the availability of funds. Finance provides one of the major tools for managerial planning and control. This course provides a wide exposure to the financial issues useful to general management. It offers the student an in-depth study of business finance, investment, and money and capital markets. Specific skills designed to aid in these decisions are developed and utilized in analysis of actual business problems. Students will master the principles of money and credit, acquire a knowledge of financial institutions, instruments and policies, attain skills in recognizing and solving financial problems, and develop their skills in analyzing the risk and financial returns in specific situations.
Course Learning Outcomes
Discuss the concept of time value of money and apply discounted cash flow valuation techniques to value a wide array of financial assets and securities.
Distinguish differences between debt and equity securities from the perspective of the financial investor and from the opposite perspective of the corporate issuer.
Analyze the venture capital market and its role in financing of new, high-risk ventures.
Discuss the dividend types and analyze the difference between cash and stock dividends and the impact of political risk on international business Investing.
Summarize the tradeoff between risk and return and its implications for cost of capital.
Explain the process by which firms raise new debt and equity capital.
Perform analysis of long-term financing and growth analysis.