BA668
Financial Environment
Last Update:November 03, 2009

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Professor: David A Kunz PhD, CFM, CMA
 

Department: Economics and Finance
Office Address: DH236
Phone Number: 573-651-2326

Catalog Description and Credit Hours of Course:

The course will cover the two dominant points of view that comprise the financial environment. Managers "inside the firm looking out" to the investment community raise capital, acquire assets and then deploy company assets in a manner that they believe maximizes the market value of the firm for a given risk level. In contrast, the investment community "on the outside looking in" is the final arbiter of whether or not managerial decision making is consistent with the wealth maximization of stockholders and creditors. The investment community is comprised of individuals, mutual funds, public and private pension funds, insurance companies, credit unions, university endowments, etc. (3 credit hours)

 Prerequisite:

None

Course Learning Objectives:

A.

General:  To the study of principles underlying the financial practices and the financial management of modern business organizations.

B.

To learn fundamental financial concepts and understand how theory translates to practice.  Develop specific financial skills, competencies and their applications.

C.

To emphasize the importance of financial management as it applies to financial activities and how financing decision impact company profitability. 

D.

To overview capital markets, institutions, investments and their role in financing business organizations. 

E.

To develop writing and verbal communication skills. 

Textbooks and Other Required Material (Periodicals, Journals, etc.) or Equipment:

A.

Required: Financial Management: Theory and Practice, Brigham and Ehrhardt, 12th Edition, Thomson, 2008.
B. Required (web-based course only): Financial Management: Theory and Practice Study Guide, Brigham and Ehrhardt, 12th Edition, Thomson, 2008.
C. Required (classroom version only): FinGame Online 5.0, Brooks, 5th Edition, McGraw-Hill, 2008.
D. Required (classroom version only): Financial calculator. 

 
 

 

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