BUS 221 - Managerial Finance

Credits: 3

Prerequisites: ECON 100 or both ECON 101 and 102; ACCT 201, 202, and INTR 202 or equivalent; at least junior standing (sophomores allowed in winter term). Preference to BSADM, ACCB, PACC, MATH, or JMCB majors during the first round of registration. A study of finance from a managerial perspective emphasizing the primary goal of the firm as stockholder wealth maximization. Emphasis is on decisions relating to the acquisition of assets and funds and internal management-financial analysis, planning and control, working capital management, capital budgeting, sources and forms of long-term financing, financial structure and the cost of capital, and valuation. Hoover, Kester, Schwartz.