A study of the finance function in corporate decision-making. Topics include financial statement analysis, risk and return, valuation, cost of capital, working capital management, the time value of money, and capital budgeting. Prerequisites: ACCT 281; MATH 150 or MATH 170.
Prerequisite(s) / Corequisite(s):
ACCT 281; MATH 150 or MATH 170.
Course Rotation for Day Program:
Offered Fall and Spring.
Most current editions of the following:
Foundations of Financial Management
By Block and Hirt (McGraw-Hill Education) Recommended
Foundations of Finance
By Keown, Petty, Scott, Martin (Pearson) Recommended
Principles of Managerial Finance
By Gitman (Pearson) Recommended
Essentials of Corporate Finance
By Ross, Westerfield & Jordan (McGraw-Hill Higher Education) Recommended
Course Learning Outcomes
Analyze financial statements and interpret financial ratios to assess company performance.
Explain how a firm’s management of working capital effects its operating, financing, and investment decisions.
Apply discounted cash flow techniques and the risk-return tradeoff to value financial assets.
Explain the CAPM, rates of return, capital structure, and the cost of capital.
Demonstrate an understanding of the capital budgeting process.
Major Topics/Skills to be Covered:
Goals and functions of financial management
Financial statement analysis
Working capital and the financing decision
Time value of money
Valuation and rates of return
Cost of capital
Recommended maximum class size for this course: 30
NOTE: The intention of this master course syllabus is to provide an outline of the contents of this course, as specified by
the faculty of Columbia College, regardless of who teaches the course, when it is taught, or where it is taught. Faculty members teaching this
course for Columbia College are expected to facilitate learning pursuant to the course learning outcomes and cover the subjects listed in the Major Topics/Skills to be Covered section.
However, instructors are also encouraged to cover additional topics of interest so long as those topics are relevant to the course's
subject. The master syllabus is, therefore, prescriptive in nature but also allows for a diversity of individual approaches to course material.