ACCT 2827 Principles of Finance
Course Information
| Course Number | ACCT 2827 |
|---|---|
| Course Title | Principles of Finance |
| Description | This course introduces the student to finance concepts for small to medium size businesses. Concepts covered in this course include financial markets, implication of interest rates to business, understanding of financial statements, risk versus return, use of debt financing, use of equity financing, capital budgeting concepts, cost of capital, determining the appropriate financing mix, forecasting techniques, working capital management, and liquid asset management. (Prerequisite: ACCT1810) |
| Total Credits | 3 |
| Total Hours | 48 |
| Instruction Type | Credits and Hours |
|---|---|
| Lecture | 3 Credits, 48 Hours |
Pre/Corequisites
Prerequisite: ACCT1810
Institutional Core Competencies
- Critical and Creative Thinking - Students will be able to demonstrate purposeful thinking with the goal of using a creative process for developing and building upon ideas and/or the goal of using a critical process for the analyzing and evaluating of ideas.
Course Competencies
- Describe financial markets
- Review and analyze financial statements
- Illustrate financial forecasting
- Describe operating and financial leverage
- Manage working capital and its financing
- Manage current assets
- Describe sources of short-term financing
- Explain the time value of money
- Calculate valuation of investments - debt and stock
- Determine cost of capital
- Summarize capital budgeting decision-making process
- Describe risk and capital budgeting
- Explain advantages and disadvantages between long-term debt financing and equity financing
- Summarize retained earnings and owner distributions
- Display professionalism
SCC Accessibility Statement
South Central College strives to make all learning experiences as accessible as possible. If you have a disability and need accommodations for access to this class, contact the Academic Support Center to request and discuss accommodations.
North Mankato: Room B-132, (507) 389-7222; Faribault: Room A-116, (507) 332-7222.
Additional information and forms can be found at: southcentral.edu/disability
This material can be made available in alternative formats by contacting the Academic Support Center at 507-389-7222.