INTRODUCTION TO FINANCE

Prerequisites & course information

Requisites: ( ECON 101 , 111 or A A E 101 ) and ( ACCT I S 100 or 300 or concurrent enrollment) and ( GEN BUS 206 , 306 , ECON 310 , MATH 331 , STAT/MATH 309 , 431 , STAT 301 , 302, 311 , 324 , 371 or PSYCH 210 or concur enrollment) or declared undergrad Bus Exchange Program Course Designation: Core GenEd - Social & Behavioral Science Breadth - Social Science Level - Intermediate L&S Credit - L&S Liberal Arts and Science Repeatable for Credit: No Last Taught: Fall 2026 Learning Outcomes: 1. Apply discounted cash flow analysis in various contexts and determine the appropriate discount rate for these calculations. Audience: Undergraduate 2. Calculate and interpret the effect of leverage on firms’ cost of debt, cost of equity, and a company’s cost of capital under different assumptions. Audience: Undergraduate 3. Characterize an efficient market and explain the implications of market efficiency for investors and corporations. Audience: Undergraduate 4. Characterize different types of securities (including stocks, bonds, and derivatives) and identify the key features of each. Audience: Undergraduate 5. Compute present and future values under different compounding assumptions. Audience: Undergraduate 6. Demonstrate a command of the Capital Asset Pricing Model, including its strengths and weaknesses and its use in computing expected returns. Audience: Undergraduate 7. Demonstrate the power of diversification and the risk-return tradeoff quantitatively. Audience: Undergraduate 8. Solve capital budgeting problems using appropriate decision rules, taking into account the strengths and weaknesses of the available approaches. Audience: Undergraduate Learning Outcomes: 1. Apply discounted cash flow analysis in various contexts and determine the appropriate discount rate for these calculations. Audience: Undergraduate 2. Calculate and interpret the effect of leverage on firms’ cost of debt, cost of equity, and a company’s cost of capital under different assumptions. Audience: Undergraduate 3. Characterize an efficient market and explain the implications of market efficiency for investors and corporations. Audience: Undergraduate 4. Characterize different types of securities (including stocks, bonds, and derivatives) and identify the key features of each. Audience: Undergraduate 5. Compute present and future values under different compounding assumptions. Audience: Undergraduate 6. Demonstrate a command of the Capital Asset Pricing Model, including its strengths and weaknesses and its use in computing expected returns. Audience: Undergraduate 7. Demonstrate the power of diversification and the risk-return tradeoff quantitatively. Audience: Undergraduate 8. Solve capital budgeting problems using appropriate decision rules, taking into account the strengths and weaknesses of the available approaches. Audience: Undergraduate