Course Outline - Business Administration Program: Year 2
FINA 211 Business Finance
Brief Course Description
All managers, self-employed business owners and individual investors require an adequate knowledge of business financing, financial analysis and capital budgeting.
Informed decision-making requires a sound understanding and firm grasp of analytical techniques such as the proper use of financial ratios, evaluating interest costs through debt financing, financial statement analysis, cash budgeting, capital budgeting, and break-even analysis.
ACCT 107, MATH 117
On completion of the Unit the candidate will be able to:
- Calculate and interpret financial ratios.
- Explain pro-forma financial statements and cash flow budgets.
- Identify the importance of financial markets, institutions and securities.
- Demonstrate the process of determining the cost of capital and an optimal capital structure .
- Identify internal and external sources of funds.
- Evaluate dividend policy.
- Manage short-term assets and liabilities.
- Describe the relationship between risk and return.
- Compare a firm's book value to its market value.
- Perform capital budgeting in order to evaluate long-term financial options.
- Demonstrate break-even analysis and financial leveraging.
- Differentiate between federal and provincial tax rates from both corporate and personal perspectives.
Required course materials*
Brigham, Ehrhardt, Gessaroll and Nason, (2017) Financial Management Theory and Practice, (3rd Canadian Edition) Nelson Education. Financial Calculator: Sharp EL-738
The Course Duration is 64 Hours
Course Homework Hours will be 10 hours per week approximately.
Indicate how the course is delivered:
X In-class instruction
- Distance education
- Combined delivery (both in-class and distance)
Teaching Methods will Involve Seminar Format, Lecture format and Laboratory Format depending upon the course demand
Method(s) of Student Evaluation*
|Type of Assessment
A Candidate has to attain a minimum score of 50% overall to ensure successful course completion