1 Master Course Outline BA 150 Fundamentals of Finance Course Description: This course presents the basics of financial analysis, forecasting, operating and financial leverage, working capital, current asset management, short term financing, and investment options. Orientation will be towards small business and personal finance. 5 lecture hours. Vocational program course. May be used as a general elective in the AA degree. Credits: 5 Prerequisites: BA 104; BA 140; ACCT 113 or ACCT & 201 or instructor permission. Recommended Preparation: None Co-requisites: None Learning Outcomes: 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. Determine the effect of taxes on financial decisions. Describe common financial markets and financial institutions. Develop discounted cash flow models for using financial decisions. Describe and analyze bond and stock evaluations. Integrate the concept of risk into valuation models and rates of return. Forecast future financial requirements. Forecast results of operations. Estimate cash flow requirements. Evaluate the use of long-term debt, stockholders equity and hybrid financial instruments. Describe financial leverage. Describe working capital terminology. Identify and analyze short-term investment options, including marketable securities. Describe the factors affecting inventory and receivables management. Describe the effect of current liability financing options on profitability and risk. Course Resources/Textbooks/Website: W Day, the final day to officially withdraw from a course, is the Thursday of the seventh week (Thursday of the fourth week for summer quarter). Students who do not withdraw by that date will received the grades they have earned, regardless of whether they are attending the course or completing the work. Students who are considering withdrawal are strongly advised to consult with the instructor, advisor, and financial aid prior to withdrawing. The only withdrawals allowed after W Day are complete withdrawals from all courses. 6/25/2014 2 Academic Integrity: All forms of cheating, falsification, and plagiarism are against the rules of this course and of Grays Harbor College. Students who are unsure what constitutes academic dishonesty are responsible for asking the instructor for clarification. Instances of intentional academic dishonesty will be dealt with severely. Disabilities: Students who have documented disabilities that require accommodations in compliance with the Americans with Disabilities Act should contact the Disability Support Services coordinator as well as the instructor of the course in order to ensure that together we create an optimal environment for educational achievement. 6/25/2014