Introduction to investment vehicles and operation of the security markets, investment analysis, and portfolio management. Considers investment decisions in the context of risk-return analysis. Investment valuation is examined beginning with the economic outlook through analysis of specific securities. Covers international finance from corporate and governmental standpoints. Emphasizes the nature and value of international trade.
International finance is presented as a support function of trade.
The nature of exchange rates and their impact on corporate decisions provides a foundation for evaluation of trade patterns and the balance of payments. The popular concept of the balance of payments for goods and services is expanded to the less well known complete BOP, which includes capital flows. The nature of international financial flows is discussed. Conceptual content includes factors related to the international arena, principles of business strategy, economics, political science, financial management, and derivative instruments. FINC 4349 Cases in Applied Finance 3 hours Application of financial decision making using case problems that include financial statement analysis, financial planning, capital budgeting, valuation, cost of capital, capital structure, working capital management, lease versus buying, and entrepreneurship.