Awkward Business Decisions
This course develops understanding of financial theory and its application through caseanalysis, discussion material, current events, articles, and Web sites. The main focus of the material will be capital management, operating and financial leverage, costs of capital, determining corporate value, financial forecasting techniques, and investment and financing decisions. The course covers financial techniques for evaluation ofinvestment alternatives using net present value and internal rate of return concepts, including the identification of cash flows relevant for capital budgeting. These concepts will be applied to the valuation of a going concern. Financial modeling of financialstatements will be used throughout the course.
--------------------------------------------------------------------------------
Page 2
ACKNOWLEDGMENT The course was written and revised by John Draut for Benedictine University on April 25, 2006. . © September 2006.
--------------------------------------------------------------------------------
Page 3
FINANCIAL MANAGEMENTSTUDENT – 1 COURSE OVERVIEW INTRODUCTORY NOTES TO STUDENTS You live in an era of breathtaking change in financial opportunities and market-oriented realities that are accelerating and being magnified by the ever increasing level of global competition in all facets of business. Ambiguity, uncertainty, and risk characterize the environment and daily challenge the creative energies and stamina of thousands of managers—people like you. Managers must continuously strive for flexibility, manage change as a matter of routine, elicit the best cooperative efforts from others, and use analytical tools to help organizations deal with the changing environment. Moreover, managers must accomplish these goals in a manner that protects precious scarce resources and creates an acceptable level of return for all stakeholders. By joining the Benedictine University MBA program, you have demonstrated your commitment to enhance your...
View Full Essay