Course Number: BA 222
Transcript Title: Financial Management
Created: September 1, 2012
Updated: February 17, 2014
Total Credits: 3
Lecture Hours: 30
Lecture / Lab Hours: 0
Lab Hours: 0
Satisfies Cultural Literacy requirement: No
Satisfies General Education requirement: No
Grading options: A-F (default), audit
Covers basic financial concepts and practices and includes analysis of company resources, types and sources of financing, forecasting and planning methods, and the roles of the money and capital markets. Recommended: BA 212, MTH 60. Prerequisites: WR 115, RD 115, and MTH 20 or equivalent placement test scores. Audit available.
Upon successful completion of Financial Management, the student will be able to:
- Demonstrate an understanding of the overall role and importance of the finance function.
- Demonstrate basic finance management knowledge.
- Communicate effectively using standard business terminology.
Outcome Assessment Strategies
Students will be expected to demonstrate knowledge of the concepts described in the required competencies by any combination of the following:
- Attendance and participation in class activities.
- Portfolio of completed and corrected homework problems.
- Individual or group projects.
- Completion of assessment or certification-style examinations.
Course Content (Themes, Concepts, Issues and Skills)
Themes, Concepts, Issues
- The financial environment
- Financial Statement analysis
- Cost-Volume-Profit Analysis
- Working Capital
- Short Term financing
- Time Value of Money
- Risk and Return
- Capital Budgeting
- Investment Banking
- Long Term financing
- Critical Thinking
- Effective Written and Oral Communications
- Ethical Conduct
Competencies and Skills
- Demonstrate understanding of the finance function.
- Demonstrate understanding of the goals of the finance manager.
- Identify the basic financial environment and institutions.
- Perform analytical reviews of financial results, proposals, and plans.
- Identify funding sources, instruments, and markets.
- Demonstrate knowledge of the value of money over time and its uses.
- Demonstrate knowledge of a basic financial vocabulary.
- Recognize the importance of ethics.
Finance Management is designed to expose the student to the financial issues of determining the monetary resources needed by a business, the mix of these resources, the sources and uses of funds, the benefits, risks and costs associated with different types of resources and financing.