BA 240 Finance

Introduces basic tools of finance and applications of financial theory with an emphasis on quantitative approaches to decision making. Includes rates of return, the time value of money, the logic and fundamentals of financial statements, financial decision-making, and equity and debt markets.

Credits

Prerequisite

Prerequisite: BA 211Z and EC 201 with a grade of C or better.

Notes

Lower Division Transfer (LDT) Course

Outcomes

Calculate rates of return. Calculate and apply time value of money concepts to capital budgeting and basic valuation of securities. Describe the U.S. bond market and the yield curve. Explain institutional details of the U.S. equity market. Illustrate the linkages between financial statements. Calculate and apply the concept of weighted average cost of capital (WACC).