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.

Course Prerequisites

ACCT 107, MATH 117

Learning Objectives*

On completion of the Unit the candidate will be able to:
  1. Calculate and interpret financial ratios.
  2. Explain pro-forma financial statements and cash flow budgets.
  3. Identify the importance of financial markets, institutions and securities.
  4. Demonstrate the process of determining the cost of capital and an optimal capital structure .
  5. Identify internal and external sources of funds.
  6. Evaluate dividend policy.
  7. Manage short-term assets and liabilities.
  8. Describe the relationship between risk and return.
  9. Compare a firm's book value to its market value.
  10. Perform capital budgeting in order to evaluate long-term financial options.
  11. Demonstrate break-even analysis and financial leveraging.
  12. 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

Course Duration

The Course Duration is 64 Hours

Homework Hours

Course Homework Hours will be 10 hours per week approximately.

Delivery Methods

Indicate how the course is delivered: X In-class instruction
  • Distance education
  • Combined delivery (both in-class and distance)

Teaching Methods*

Teaching Methods will Involve Seminar Format, Lecture format and Laboratory Format depending upon the course demand

Method(s) of Student Evaluation*

Type of Assessment Value
Assignments 40%
Midterm 30%
Final 30%
Total 100%

Completion Requirements*

A Candidate has to attain a minimum score of 50% overall to ensure successful course completion