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The course begins our Coursework based on the application of financial theory to the solving of everyday, current problems in international business. It begins with an introduction to the terminology, concepts, problem solving, and techniques used in financial decision making within an organization. Important areas to be discussed include the time value of money, corporate bonds or Debt instruments, the concept of Risk and Return, and determining the weighted average cost of capital for firms – cost of Equity and the cost of debt.
The course has 4 primary objectives:
- To instill a basic understanding of accounting and finance terminology and concepts.
- To develop skills necessary to complete problem solving exercises using basic accounting and finance skills.
- To review how the finance function interacts with the management team.
- To develop an understanding of the application of finance principles to decision-making situations in a business environment.
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