Introduction

This course provides students with a rigorous introduction to the fundamental principles of finance. The primary concepts covered include the time value of money, principles of valuation and risk. Specific applications include the valuation of debt and equity securities as well as capital budgeting analysis, financial manager’s functions, liquidity vs profitability, financial planning, capital budgeting, management of long term funds, money and capital markets, debt and equity, management of assets, cash and accounts receivable, inventory and fixed assets. Additional topics include derivative markets.

Prerequisites: MGT 600 & working knowledge of statistics A zero credit Statistics boot camp offered to our MBA students. The boot camp could be taken concurrently with this course.

Course Outcomes

By the end of this course, the students will be able to:

1. Apply knowledge of financial markets, interest rates, risk and return to make sensible capital financing and strategic decisions
2. Use financial ratios to analyze a company’s financial statements
3. Estimate the weighted average cost of capital
4. Perform a capital budgeting analysis
5. Use futures and options as tools to offset or protect against risk
6. Better understand the utility of data analytics
7. Be able to communicate financial topics to a variety of audiences

Textbook

• Financial Management: Theory & Practice by Brigham & Ehrhardt, 15th Edition

Grading Policies