vcc.ca
MGMT 2014: Financial Management
Effective date
September 2022
Department
Business Mgmt PD Diploma
School
Hospitality, Food Studies and Applied Business
Description
In this course students develop an understanding of how business organizations use discounted cash flow analysis and financial management techniques to manage their day-to-day operations and make capital investment decisions. Course topics include financial statement analysis, capital investment decisions, risk and return, cost of capital, capital budgeting, Time Value of Money (TVM), and debt and equity valuation.
Credits
3.0
Year of study
2nd Year Post-secondary
Prerequisites
MGMT 1001.
Corequisites
None
Course Learning Outcomes
Upon successful completion of this course, students will be able to:
- Explain the purpose of financial management in a business operation
- Analyze financial statements for evaluation and forecasting purposes
- Apply the basic techniques of Time-Value-of-Money (TVM) to financial decisions
- Explain the relationship between risk and return and the reduction of risk through diversification
- Calculate and apply the correct cost of capital in business decision-making
- Identify and evaluate major capital spending decisions for a business using capital budgeting techniques
- Explain the approaches used to measure and manage shareholder and debtholder value in a business
Prior Learning Assessment & Recognition (PLAR)
None
Hours
Lecture, Online, Seminar, Tutorial: 45
Total Hours: 45
Total Hours: 45
Instructional Strategies
Lectures, lab work, Demonstrations and Case Studies
Grading System
Letter Grade (A-F)
Passing grade
D (50%)
Evaluation Plan
|
Type |
Percentage |
Assessment activity |
|
Participation |
10 |
|
|
Assignments |
30 |
|
|
Midterm Exam |
25 |
|
|
Final Exam |
35 |
|
Course topics
- 1. The Role and Purpose of Financial Management 2. Analyzing Financial Statements 3. Time-Value-of-Money (TVM) 4. Sources and Uses of Funds 5. Cost of Capital 6. Capital Budgeting/Capital Investment Decisions 7. Debt and Equity Valuation
Notes:
- Course contents and descriptions, offerings and schedules are subject to change without notice.
- Students are required to follow all College policies including ones that govern their educational experience at VCC. Policies are available on the VCC website at:
https://www.vcc.ca/about/governance--policies/policies/. - To find out if there are existing transfer agreements for this course, visit the BC Transfer Guide at https://www.bctransferguide.ca.