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National College Credit Recommendation Service
National Paralegal College | Evaluated Learning Experience
Principles of Finance (FIN-101)
Varies; self-study format.
Various, distance learning format.
Instructional delivery format:
Upon successful completion of this course, students will be able to: identify key financial issues facing a manager when making financial and investment decisions; explain the time value of money and the concept of discounting; use financial statements and identify cash flow and taxes; evaluate a company's performance based on their financial statements; discuss the role of financial markets and institutions on company policy; determine interest rates and explain the role of interest rates in financial markets; calculate the price and value of bonds and stocks; demonstrate how the relationship between risk and rates of return effect prices; compute cost of capital in financial analysis; discuss basics of capital budgeting and their bearing on investment decisions in the long term; analyze cash flows and risk; determine optimal allocation of resources in various types of financial assets (weighing capital structure and leverage); understand dividend policy and know when and why distributions are made; and use working capital, financial planning and forecasting to guide multinational financial management.
This introductory course in finance is for students who have no prior background in economics or finance. The instructional approach is mostly non-quantitative with some arithmetic calculations used in case examples to strengthen students' understanding. Students learn the basic concepts and tools used in finance that provide them with a better understanding of how firms make decisions regarding financial management issues. Additional topics include: pricing of financial assets and management of financial capital in the short and long term. Evaluation criteria include: required readings, essay assignments; class participation; and final exam.
In the lower division associate/baccalaureate degree category, 3 semester hours in Principles of Finance, Introduction to Finance, or Business (1/13) (3/18 revalidation) (5/23 revalidation).