Business Finance

The Business Finance course introduces students to fundamental principles and practices in finance. The course presents basic financial topics such as financial statements, security markets, interest rates, financial planning, working capital, and how they aid management in making financial decisions.  Additional activities include calculating the value of bond and equity securities, understanding risk and return, and developing budgets.

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

• Understanding the role of finance in business decision-making.
• Demonstrating basic understanding of financial statements and ratios. 
• Demonstrating an understanding of the time value of money concepts in measuring the value of assets.
• Demonstrating an ability to calculate the value of bonds and equity securities.
• Understanding risk and return and how they relate to the value of financial assets.
• Demonstrating an ability to measure and apply the Weighted Average Cost of Capital. 
• Understanding Capital Structure and how it affects overall risk.
• Demonstrating an understanding of the different forms of business organizations.
• Evaluating Inventory Aging Schedules.
• Developing Monthly Cash Budgets. 
• Understanding the ethical and unethical role of using artificial intelligence (AI) in finance business decision-making.

ACQUIRED SKILLS

• Time Value of Money
• Financial Statement Analysis
• Financial Planning