IAF330 - Finance

Outline information
Semester
Schools offering this subject
Last revision date Mar 16, 2020 8:10:30 AM
Last review date Mar 16, 2020 8:10:53 AM

Subject Title
Finance

Subject Description
In this course students learn the basic finance concepts, tools and theories required by a financial specialist, working in a Canadian organization and a global economy. This subject is designed to give the students a broad understanding of the use of mathematical techniques as an aid to managerial decision-making. This course prepares students to understand the language and description of Canadian financial markets and the implications of these markets to financial managers. The content includes analysis of the current financial environment and its components, security valuation, the capital budgeting process, the component costs of capital, introduction to risk, and financial planning.
Pre-requisites: BAB140, and BAB210

Credit Status
One credit towards the  Honours Bachelor of Commerce -  International Accounting and Finance degree program.

Learning Outcomes
Upon successful completion of this subject the student will be able to:

1. Describe and classify the goals and functions of financial management.

2. Identify and analyze the relationship between the balance sheet, income statement and statement of changes in financial position from the perspective of a financial manager.

3. Evaluate the financial performance of a firm using ratio analysis.

4. Explain the concept of the "time value of money" and calculate financial results using present value techniques.

5. Calculate the value of financial assets such as bonds, preferred stock, and common shares using present value techniques.

6. Compare and contrast the net present value technique with other capital budgeting techniques.

7. Assess the relationship between current asset management and short-term financing and the impact of risk on these decisions.

8. Identify the sources of short-term financing and determine the use of such to make effective financing decisions.

9. Describe and analyze a security's risk and return using the capital asset pricing model.

10. Apply the measurement of risk to capital budgeting decisions.

11. Identify and explain the common statistical measures of dispersion used in finance to measure risk. (i.e. variance, standard deviation, and beta)

12. Apply three standard approached to valuation under leverage and quantify the effect of leverage on the financial results of a firm.

Academic Integrity
Seneca upholds a learning community that values academic integrity, honesty, fairness, trust, respect, responsibility and courage. These values enhance Seneca's commitment to deliver high-quality education and teaching excellence, while supporting a positive learning environment. Ensure that you are aware of Seneca's Academic Integrity Policy which can be found at: http://www.senecacollege.ca/about/policies/academic-integrity-policy.html Review section 2 of the policy for details regarding approaches to supporting integrity. Section 2.3 and Appendix B of the policy describe various sanctions that can be applied, if there is suspected academic misconduct (e.g., contract cheating, cheating, falsification, impersonation or plagiarism).

Please visit the Academic Integrity website http://open2.senecac.on.ca/sites/academic-integrity/for-students to understand and learn more about how to prepare and submit work so that it supports academic integrity, and to avoid academic misconduct.

Discrimination/Harassment
All students and employees have the right to study and work in an environment that is free from discrimination and/or harassment. Language or activities that defeat this objective violate the College Policy on Discrimination/Harassment and shall not be tolerated. Information and assistance are available from the Student Conduct Office at student.conduct@senecacollege.ca.

Accommodation for Students with Disabilities
The College will provide reasonable accommodation to students with disabilities in order to promote academic success. If you require accommodation, contact the Counselling and Accessibility Services Office at ext. 22900 to initiate the process for documenting, assessing and implementing your individual accommodation needs.