This course focuses on making effective financial decisions in private and public sector organizations to maximize the use of an organization’s resources and create value. It explores decisions that a chief financial officer and his or her staff should be concerned with on a day-to-day basis. Students will practice a wide range of skills including:
- Determining appropriate borrowing structures
- Managing cash flows
- Conducting cost-benefit analyses
- Identifying appropriate investments
Case study assignments require students to apply the concepts discussed in each module in a creative and challenging manner. Some case study questions require mathematical or spreadsheet analysis, while others require a written response (explanations, persuasive memos, etc.). Students will also participate in Forum discussions designed to engage them in open-ended analysis related to the course content.
Course Learning Objectives
- Analyze the role of the financial manager in terms of value creation and ethical decision-making.
- Use balance sheets, income statements, and statements of cash flows to make sound corporate financial decisions.
- Compare and contrast the use of time value in money techniques.
- Analyze financial problems using discounted cash-flow analysis to make investment decisions.
- Use an analytical approach of valuing stocks and bonds to determine an appropriate issue price.
- Compare and contrast the concepts of risk, return, and opportunity cost of capital and how these concepts are applied in a real-world context.
- Propose an approach for making profitable decisions using cost of capital considerations within the corporate environment.