FIN 101 INTRODUCTION TO FINANCE

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

Prerequisites:  Grade of “C” or better in MTH 092 & ECO 101
Co-requisites:
Concurrent Courses: 

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:

  1. Identify the fundamental components of finance and the importance of each in the financial environment;
  2. Discuss the key concepts related to money, monetary systems, and money supply;
  3. Explain the international monetary system, exchange rates, and the related impact on international trade;
  4. Explain the concepts of time value of money, present and future value and how it influences financial decisions; and
  5. Describe the key elements of the securities markets, and how the markets drive financial transactions, decision making, and risk analysis.

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