Course Number & Name: FIN 101 INTRODUCTION TO FINANCE
Credit Hours: 3.0 Contact Hours: 3.0 Lecture: 3.0 Lab: N/A Other: N/A
Course Description: This serves as a foundation course in business finance. It provides a conceptual framework for the financial decision-making process and introduces tools and techniques of finance, including financial mathematics, capital budgeting, sources of funds, and financial analysis. Topics include acquisition and use of short-term and long-term capital; financial markets, institutions and instruments; financial control; time value of money; cash, operations and long-range budgeting; and cost of capital.
<!–Course Goals: Upon successful completion of this course, students should be able to do the following:
- Identify the fundamental components of finance and the importance of each in the financial environment;
- Discuss the key concepts related to money, monetary systems, and money supply;
- Explain the international monetary system, exchange rates, and the related impact on international trade;
- Explain the concepts of time value of money, present and future value and how it influences financial decisions; and
- Describe the key elements of the securities markets, and how the markets drive financial transactions, decision making, and risk analysis.