Introduction to Finance

Catalog description

This course introduces students to various aspects of financial management. Topics covered include a review of accounting, financial budgeting and forecasting, operating and financial leverage, working capital and financing decisions, current asset management, short-term sources of financing, valuation and rates of return, cost of capital, relevant cost in decision making, capital budgeting, segment reporting, internal transfer pricing, external pricing of products and services, and investment banking. Students are required to complete a term project analyzing the desirability of a major capital acquisition under different financing alternatives.