FINC 3155 - Business Finance

Credits: 3

Financial management of non-financial corporations and the role of interest rates and capital markets in the economy. Topics will include the structure and analysis of financial statements, time value of money calculations (using financial calculators), stock and bond valuation, financial forecasting, valuation of income-producing physical assets, determination of the cost of capital, the profitability of proposed investments in fixed assets, riskreturn tradeoffs that must be considered in using financial leverage, and methods used in obtaining funds from the various capital markets. This course is taught mainly through lectures and class discussions of textual materials and problems.

Prerequisite(s): ECON 2105, ECON 2106, ACCT 2101, ACCT 2102 and BUSA 2182; Junior standing or 42-hour rule