Department:    BMT

 Course #:    246

 Credits:    5

 Variable:     No

 Course Description  

Study of financial management techniques using a computer. Develop and present a financial plan with support material including financial statement analysis, cash flow, and break-even analysis. Learn time value of money, valuation of bonds and stocks, and capital budgeting. Create spreadsheet models to understand finance.

 Prerequisite  

Prerequisite: BMT 121, BMT 145, and MATH 100 with a grade of C or better.

Contact Hours (based on 11 week quarter)

Lecture: 55

Lab: 0

Other: 0

Systems: 0

Clinical: 0

Intent: Distribution Requirement(s) Status:  

Vocational Preparatory Required for ATA degree  

Equivalencies At Other Institutions

Learning Outcomes

After completing this course, the student will be able to:

1. Describe the financial environment and the role of financial management.
2. Analyze financial statements and calculate break-even.
3. Understand risk and rates of return.
4. Calculate the time value of money.
5. Calculate the cost of capital.
6. Create a capital budget.
7. Estimate cash flow.
8. Describe common stock and the investment banking process.
9. Utilize a spreadsheet to solve financial problems.

General Education Learning Values & Outcomes

Revised August 2008 and affects outlines for 2008 year 1 and later.

1. Information Literacy

Definition: Recognizing when information is needed and have the ability to locate, evaluate, and use effectively the needed information.

Outcomes: Students will be able to . . .
1.1 Determine the extent of information needed.
1.2 Access the needed information effectively, efficiently, ethically, and legally.
1.3 Evaluate information and its sources critically.

2. Critical Thinking

Definition: The ability to think critically about the nature of knowledge within a discipline and about the ways in which that knowledge is constructed and validated and to be sensitive to the ways these processes often vary among disciplines.

Outcomes: Students will be able to . . .
2.1 Identify and express concepts, terms, and facts related to a specific discipline.
2.2 Analyze issues and develop questions within a discipline.
2.3 Identify, interpret, and evaluate pertinent data and previous experience to reach conclusions.
2.4 Evaluate decisions by analyzing outcomes and the impact of actions.
2.6 Recognize how the value and biases in different disciplines can affect the ways in which data is analyzed.
2.9 Apply and/or create problem-solving strategies to successfully adapt to unpredictable and/or changing environments.

8. Mathematical Reasoning

Definition: Understanding and applying concepts of mathematics and logical reasoning in a variety of contexts, both academic and non-academic.

Outcomes: Students will be able to . . .
8.1 Analyze problems to determine what mathematical principles apply.
8.2 Correctly apply logical reasoning and mathematical principles to solve problems.
8.3 Interpret information and reasoning expressed mathematically (for example in spreadsheets, diagrams, charts, formulas, etc.).
8.4 Communicate mathematical information effectively.

10. Technology

Definition: Understanding the role of technology in society and using technology appropriately and effectively.

Outcomes: Students will be able to . . .
10.1 Demonstrate an understanding of the development and impact of technology in human experience (history, global, and local).
10.2 Demonstrate an understanding of legal, ethical, and environmental issues in the use and misuse of technology.
10.3 Use technology appropriate to the context and task to effectively retrieve and manage information, solve problems, and facilitate communication.
10.4 Demonstrate an understanding of the impact of technology in one’s personal and professional life.

Course Contents

1. Overview of financial management.
2. Analysis of financial statement including financial ratios.
3. The financial environment: markets, institutions, and interest rates.
4. Risk and rates of return.
5. Time value of money.
6. Cost of capital.
7. Capital budgeting.
8. Cash flow estimation.
9. Risk analysis and the optimal capital budget.
10. Capital structure and leverage.
11. Dividend policy.
12. Common stock and the investment banking process.
13. Long-term debt.
14. Creation of spreadsheet models to understand finance.