Online Courses
Online Courses
Register for Course
View Course Demo
Accounting I (ACC 206)
Business Law (BUS 316)
Computer Science with C++ (CSC 211)
Computer Systems
(CSC 201)
Economics of Health Care (ECO 206)
Entrepreneurship
(MGT 411)
Finance I (FIN 219)
Health Care Management (MGT 206)
Macroeconomics (ECO 201)
Management (MGT 202)
Marketing (MKT 306)
Marketing for Health Care (MKT 312)
Mathematics (MAT 180)
Microeconomics (ECO 202)
Organizational Behaviour (BUS 314)
Psychology (PSY 256)
Public Health (HTH 240)
Small Business Management (BUS 320)
Statistics (MAT 240)
Strategic Planning and Leadership (MGT 218)
Home Page
About AIU
Programs Offered
Distance Learning
Admissions
Career Center
Online Library
Accreditation
Press Room
Alumni

Finance I (FIN 219 3.0 Cr)
Business & Management

Course Description

This course presents the fundamental concepts used in finance, emphasizing basic financial literacy and the tasks associated with making responsible financial management decisions. In addition to addressing sources and uses of capital and the functions of financial markets, this course also covers the principles of time value of money, risk and return, fundamental aspects of investments including security and real asset valuation, and the use of financial accounting information.

Learning Objectives
After completing this course, students will be able to:

• Describe finance in general and, specifically, the role of financial management in corporations and other enterprises
• Identify the purpose and functions of financial markets and institutions
• Use financial accounting information in assessing the basic financial health of a firm
• Apply time value of money principles to the valuation of financial and real assets
• Explain why and how to adjust for risk in making investment and financing decisions

Breadth of Assignments
This course uses a variety of methods to explore the Principles of Finance including: textbook reading assignments, online Flash-based presentations, Internet research and case studies, self-assessment quizzes, collaborative projects involving problem-solving or discussions with classmates, individual activities including e-lectures, writing assignments, journal entry assignments, and optional essays.

Required Resources
Brigham, E.F. and Houston, J. F. (2004). Fundamentals of Financial Management (Concise 4th ed.). Mason OH: South-Western College Publishers, ISBN 0-0324-25872 -0.

Course Summary
Principles of Finance
Business & Management

Module/Topics

Module 1: Overview of the Financial Infrastructure

• The three major areas of finance
• Advantages and disadvantages of the forms of business organization
• Goals of stockholders and the principle of wealth maximization
• The basic purpose and functioning of financial markets and institutions
• Distinguishing between broad types of financial markets and securities
• Stock trading venues and mutual funds
• The basic functions of money and capital markets and the forces that affect market interest rates
• Yield curves
• Different types of risk and their impacts on interest rates

Module 2: Accounting Concepts and Financial Statement Analysis
• Itemizing the information in the income statement, balance sheet, and statement of cash flows
• The differences between accounting income and cash flow and between book value and market value
• The nature of business enterprise as reflected by the balance sheet
• Defining financial (ratio) analysis and explaining its objectives and limitations
• Identifying the various categories of financial ratios
• Defining and calculating the ratios within each category

Module 3: Time Value of Money Principles
• Distinguishing between points in time and periods of time as shown by a time line
• Defining compounding and discounting
• Computing future value or present value for single payment amounts
• Distinguishing between single payments and streams of payments and between uneven streams and annuities
• Solving for the interest rate or time period for simple present value and future value problems

Module 4: Risk and Return
• Defining risk
• How risk influences investment decisions
• Calculating risk and rates of return
• How diversification can limit risk
• How diversifiable risk can be lowered using a portfolio approach

Module 5: Security Valuation

• The basic functions of bonds
• How bond prices behave over time and how bond prices vary with prevailing interest rate levels
• Computing market prices for bonds
• Determining the yield to maturity on a bond
• Differentiating between the various types of equity securities (stocks)
• Identifying the rights and expectations of common stockholders
• The nature of various stock market transactions
• Computing stock values based on expected future cash flow

Module 6: Valuing Real Assets
• The role of capital budgeting in creating value for a firm
• Identifying various categories of capital budgeting projects
• Comparing the capital budgeting process with the security valuation process
• Using investment selection criteria (for example, NPV and IRR) to evaluate capital assets and projects
• Identifying three distinct categories of cash flows associated with capital budgeting projects
• How cash flows are impacted by replacement and expansion projects
• Estimating incremental after-tax cash flows for a proposed capital project
• Using discounted cash flow techniques to assess project desirability


Home | Spanish | Portugese | Chinese | French | Online Courses | Available Courses | View Course Demo | Career Center | Available Positions | Ask Career Coach | The Job Interview | Writing Resume | Accreditation | Areas of Study | Bachelor Degree Programs | Masters Degree Programs | Doctoral Degree Programs | Course and Curriculum | Human Rights | Online Library | Links Exchange | 54 Million Records | Press Room | Representations | Student Publication | Share with Us | Alumni | Graduates | Sponsors | General Information | Mission & Vision | School of Business and Economics | School of Science and Engineering | School of Social and Human Studies | Download Center | Admission Requirements | Tuition | Apply Online | Faculty & Staff | Distance Learning Overview | Student Testimonials | Frequently Asked Questions | Distance Learning Request Information | Register for Program | Admission Application Form

Copyright ® 2005 Atlantic International University . All rights reserved.

Powered and designed by BMR.
Google