Financial Management

Course Number: BA 222
Transcript Title: Financial Management
Created: September 1, 2012
Updated: June 14, 2020
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), P-NP, audit
Repeats available for credit: 0

Prerequisites

WR 121, MTH 65 or equivalent placement test scores, BA 101, BA 111 or BA 211, and BA 104 or MTH 65 or MTH 98

Course Description

Explores 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.  Prerequisites: WR 121, MTH 65 or equivalent placement test scores, BA 101, BA 111 or BA 211, BA 104 or MTH 65 or MTH 98. Audit available.

Intended Outcomes

Upon successful completion of this course, students will be able to:

  1. Apply an understanding of the overall role and importance of the finance function.
  2. Apply basic finance management knowledge.
  3. Communicate effectively using standard business terminology and methods.

Outcome Assessment Strategies

At least two of the following measures are to be used:

  • Attendance and participation
  • Portfolio of completed and corrected homework problems
  • Presentation(s)
  • Individual or group projects
  • Completion of assessment or certification-style examinations
  • Business Model or Business Game
  • Practice Set(s)
  • Case Study (ies)
  • Research paper(s)
  • Book report(s)
  • Written paper
  • Quiz(zes)
  • Exam(s)

Texts and Materials

Text: Fundamentals of Financial Management, Concise Edition, 10th Edition; Brigham/Houston; Cengage Learning

Course Activities and Design

The determination of teaching strategies used in the delivery of outcomes is generally left to the discretion of the instructor. Here are some strategies that you might consider when designing your course: lecture, small group/forum discussion, flipped classroom, dyads, oral presentation, role play, simulation scenarios, group projects, service learning projects, hands-on lab, peer review/workshops, cooperative learning (jigsaw, fishbowl), inquiry based instruction, differentiated instruction (learning centers), graphic organizers, etc.

Course Content (Themes, Concepts, Issues and Skills)

Outcome #1:Apply an understanding of the overall role and importance of the finance function.

To address this outcome, students should be taught:

  • The relationship and differences between finance and accounting
  • The importance of ethics in finance
  • The nature of financial markets and institutions
  • An overview of international vs. domestic financial management
Outcome #2: Apply basic finance management knowledge.

To address this outcome, students should be taught:

  • How to perform ratio analysis to assess business performance
  • Liquidity ratios
  • Asset management ratios
  • Debt management ratios
  • Profitability ratios
  • Market value ratios
  • The characteristics of bonds and valuation methodology
  • The characteristics of stock, both common and preferred, and their valuation methodologies
  • Time Value of Money concepts and calculations
  • How to assess risks and rates of return
  • Methodologies to calculate the cost of capital
  • How to perform basic capital budgeting and cash flow estimation
  • The financial impact of paying dividends to shareholders and of repurchasing shares
Outcome #3: Communicate effectively using standard business terminology and methods.

To address this outcome, students should be taught:

  • How to analyze business financial statements and communicate the interpretation to users of the information
  • How to create financial plans, proposals, and forecasts working with other stakeholders in the organization as well as analyze the financial plans, proposals, and forecasts created by others