BUSN 244 - Financial Management

3 Credits: (3 lecture)

Course Description
This course is designed to acquaint the student with the fundamentals of basic business financial management.

Note A Financial Calculator is also REQUIRED.

Prerequisite ACCT 110 or ACCT 203.

Text
Zutter, C. J. & Smart, S. B. (2022). Principles of managerial finance (16th ed.). New York City, NY: Pearson.

Objectives
The student will be able to:

A. Explain the role of finance in our economic system.

B. Identify how financial planning affects and is affected by marketing, management, production, accounting, sales, and other business decisions.

C. Identify and explain the financial principles, procedures, theories, functions, and instruments as they relate to financial institutions and capital markets.

D. Perform calculations based on data from the stocks and bonds financial pages.

E. Interpret financial statements using ratio analysis.

F. Perform calculations using a financial calculator and time value tables for present value, future value, and annuity problems.

G. Make capital budgeting decisions.

Content
A. The World of Finance

B. Essential Concepts in Finance

C. Long-Term Financial Management Decisions

D. Short-Term Financial Management Decisions

E. Finance in the Global Economy

Student Evaluation
Student grades will be based on some combination of homework, quizzes, minimum of 4 exams, and projects.