Introduction to Finance

Course Overview

Understanding basic finance is important for any managerial position, even non-financial managers. This introductory-level course starts at the beginning, discussing finance as an organizational setting and legal forms of business. The course continues on to cover the responsibilities of financial managers, roles of finance in a typical business organization, and relevant financial markets of interest to financial managers. Further, the course will discuss corporate financing and the role the stock market plays in the business world.
The estimated completion time for this course is 3 hours. The maximum allotted time is one month from enrollment.
Identify and differentiate the three most common types of business organizations and the structure of each

State the fundamental objectives of a corporation and the differences between wealth and profit maximization

Recognize the impact of social and ethical responsibility on business

Identify and describe the structure and functions of the finance department within an organization

Define the principal-agent relationship and strategies for overcoming conflicts of interest and motivating managers

List and define the five key principles that form the foundation of financial management

Recognize and define the five key financial markets

Identify the sources, rules, and life-cycle stages of corporate financing

Describe the function of the stock market and the three trading venues it utilizes

Recognize the factors related to interest rate determination and the impact of interest on an organization
receive a MindEdge Certificate of Completion

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