BUS 274 Finance

Organizations seek to attain a sustainable competitive advantage in their industries. In this module, industry and competitive forces are identified and evaluated. This information is used to assess the financial viability and industry rivalry and to successfully position the organization in the industry. The analysis of the financial competitive factors is used in developing appropriate competitive Combining theory with practical, hands-on examples, this module provides the solid background needed for developing and managing major corporate financial decisions. The course teaches students how firms raise capital, how to interpret financial results, forecast operating expenses, understand the time value of money measure risk and return, and estimate the cost of capital, strategies for the organization to be competitive in the industry as a global player. The course focuses on how corporations make decisions about whether to invest in long term projects or make acquisitions and how the firm's capital structure and cost of capital affects this process. Examples and case studies are used to explain how to estimate and use incremental cash flows in financial decision-making. Dividend policies and the process of going public are also reviewed.