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.

PREREQUISITE: ACC2111

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

• Describing the goals of a firm.
• Comparing the different forms of business organizations.
• Determining the impact of the federal income tax system.
• Describing the capital markets.
• Analyzing the determinants of market interest rates.
• Interpreting the term structure of interest rates.
• Preparing cash flow analyses.
• Evaluating stock and bond valuation models.
• Analyzing the relationship between risk and rates of return.
• Interpreting financial statements.
• Determining the basics of capital investment decisions.
• Comparing common and preferred stock as sources for long-term financing.
• Analyzing types of debt instruments and leveraging.
• Applying present value, internal rate of return, and other valuation concepts.
• Understanding variations in capital structure among firms.
• Analyzing dividend policy issues.