This course introduces students to the modern finance, especially to the financial operations of a business and provides the foundation for more advanced finance courses. It covers the sources of business and financial information, concepts of time value of money, basic asset valuation, the nature and measurement of risk, financial institutions, investments, and corporate finance, capital budgeting and financing decisions. Upon completion, students will be able to value bonds and stocks, estimate asset returns according to their risk characteristics and identify capital projects that maximize shareholder's wealth using a wide range of analytical tools.
