MGMT190 Introduction to Finance (Experimental)
Department of Business Studies: Management
- I. Course Number and Title
- MGMT190 Introduction to Finance (Experimental)
- II. Number of Credits
- 3 credits
- III. Number of Instructional Minutes
- IV. Prerequisites
- Reading Placement Test score Level 3
- V. Other Pertinent Information
- VI. Catalog Course Description
- This course focuses on a firm's financial goals and decisions to maximize shareholders' wealth. It examines financial concepts and analytical techniques, financial performance, time value of money, measurement of risk and return, capital budgeting, capital structure, short-term financial planning, working capital management, and international finance.
- VII. Required Course Content and Direction
Course Learning Goals
- identify the primary goal of finance to maximize shareholder wealth and not profits and its relationship to decision-making within the firm.
- identify key components of the U.S. financial market system and the role of different market players, costs, vehicles, efficient markets, interest rate determinant,s and risk-return tradeoffs.
- evaluate a company's financial performance, using a comprehensive set of financial tools.
- analyze the use of time value of money in present value and future value models for investment/project decision-making purposes.
- define and measure the expected rate of return and risk for an individual investment, to explain the relationship between risk and return, and how diversification affects risk and return.
- describe a firm's financing process, including concepts underlying a firm's cost of capital, the difference between internally and externally generated funds, a firm's financing needs, working capital, and optimum financing mix.
Planned Sequence of Topics and/or Learning Activities
- An Introduction to the Foundations of Financial Management
- The Financial Markets and Interest Rates
- Understanding Financial Statements and Cash Flows
- Evaluating a Firm's Financial Performance
- The Time Value of Money
- The Meaning and Measurement of Risk and Return
- Valuation and Characteristics of Bonds
- Valuation and Characteristics of Stock
- Capital Budgeting Techniques and Practice
- Cash Flows and Other Topics in Capital Budgeting
- Cost of Capital
- Determining the Financing Mix
- Dividend Policy and Internal Financing
- Short-Term Financial Planning
- Working Capital Management
- Current Asset Management
- International Business Finance
Assessment Methods for Course Learning Goals
Reference, Resource, or Learning Materials to be used by Student:See course syllabus for required textbook.
Review/Approval Date - Unavailable; New Core 8/2015