Business Administration: Managerial Finance

The financial function in the corporation. Techniques for evaluating current use of resources and proposed resource acquisitions or dispositions. Prerequisites: BUS 1610 with a minimum grade of C-; Business Administration, Computer Science & Information Systems, Engineering Management majors, or Business Administration minor; minimum Sophomore standing.

BSAD majors and minors, 2BUS Co-Major, CSIS, and EMGT; Open to degree and PACE students. Minimum Sophomore standing. Prereq enforced by the system: BUS 1610 with a minimum grade of C-. Cannot earn credit for both CDAE 2670 and BUS 2800.

The focus of the course is the financial function in the corporation. We discuss the valuation of resources and proposed resource acquisitions or dispositions by answering two basic questions: (1) what should a firm invest in, and (2) how should the firm raise money. The course develops techniques to answer these questions from the finance perspective. These techniques include: calculating cash flow, determining the value of cash flows (time value), valuing equity and debt, and understanding the relationship between risk and return.

At the end of this course, among other things, students should be able to: 1. Forecast after-tax cash flows for a firm. 2. Calculate the values of cash flows across time. 3. Calculate returns and riskiness of returns for various assets. 4. Assess the value of potential investment projects, and make correct decisions on whether or not to proceed with the investment.

combination of homework, quizzes and exams