Overview

This course is designed as a first course in Business Financial Management for graduate students. The course covers a range of topics in financial accounting, managerial accounting and business finance. All topics covered share a common theme in that they are related to the creation and use of financial models and information. The course requires critical thinking and the ability to analyze and apply financial models and reasoning in the context of case studies. The course is divided into two broad areas: Financial Information and Financial Management. Within these areas, specific topics include: financial accounting, financial reports, financial analysis, capital structure, costing systems, performance measurement and control, and investment analysis.

Included in Degrees & Certificates

• 196
• 721
• 835

Learning Outcomes

At the end of the course, the students will:

• Correctly apply accounting terms and concepts to record the financial economic events of businesses for financial statement preparation.
• Critically analyze and compare financial statements to determine the financial health of businesses and evaluate their performance.
• Define important cost terminology, behaviors, concepts, and principles.
• Calculate the cost of a product using job order costing.
• Evaluate and analyze profitability of decisions using cost-volume-profit analysis.
• Distinguish costs that are relevant or not relevant in making business decisions.
• Calculate cost variances and determine possible causes and corrective actions required.