FINA 60013 Management of Financial Resources
Prerequisite: ACCT 60010, or concurrent enrollment in ACCT 60010. Cannot receive credit for FINA 60013 if credit has been received for FINA 60010, FINA 60011 or FINA 70010. A study of the acquisition and management of the financial resources of the firm. The emphasis is on developing and understanding decision making concepts related to such topics as valuation, cost of capital, capital budgeting, dividend policy, debt policy, and corporate control. The interaction between investment and financing decisions in the marketplace is emphasized in the context of risk-return considerations, and the obligation of management to security holders is considered. Where appropriate, the global environment of decisions is stressed.