Course

Course Summary

Credit Type:

Course

ACE ID:

ICS-0152

Organization's ID:

FIN101

Organization:

Penn Foster College

Location:

Classroom-based

Length:

Self-paced (52 weeks)

Dates Offered:

Credit Recommendation & Competencies

Level	Credits (SH)	Subject
Upper-Division Baccalaureate	3	Finance Applications and Theory, Principles Of Finance and Accounting, or Financial Management

Description

Objective:

This course objective is to introduce students to the world of finance including financial concepts, instruments, and financial decision making. Topics covered include financial assets, investing in long-term assets, capital structure and dividend policy, financial planning and working capital management.

Learning Outcomes:

Define financial areas, principles, functions, and business organizations
Analyze international opportunities, risk, and the foreign currency exchange
Analyze financial ratios and their relationships with a firm's performance
Calculate the time value of money for single cash flows
Evaluate an investment's risk and return
Calculate an investment's risk and return using various methods
Analyze international opportunities, risk, and the foreign currency exchange
Examine capital management approaches and policies
Compare various approaches to financial planning and forecasting
Assess decisions that affect the capital structure
Analyze factors affecting the distribution of wealth
Examine various types of mergers, acquisitions, and financial distress
Analyze a firm's financial statements, cash flow values, risks and returns
Determine a firm's cash flow using its financial statements
Calculate the time value of money for annuity cash flows
Examine various types of financial markets and institutions
Assess the value of bonds and stocks
Apply the weighted-average cost of capital (WACC) formula to a project's cost of capital
Calculate cash flows on capital budget projects
Evaluate investment opportunities using various techniques such as net present value (NPV)
Compare capital funding methods and resources
Evaluate a firm's capital budgeting policies, planning, structure, and cost
Demonstrate the ability to perform financial calculations and analysis related to the concepts covered in this course