ABF 402 Public and Private Sector Business Finance

Lecture Hours: 5
Credits: 5

Introduces different types of finance in business settings, calculating revenue, cost and profit. Introduces various aspects of accounting and marketing and provides business leaders with mathematical finance competencies needed to develop successful financial strategies.

Prerequisite: MTH 105Z or STAT 243Z or higher or equivalent course as determined by instructor with a grade of C or higher; and admitted into Applied Baccalaureate program; completion of AAS degree; or consent of instructor.
Student Learning Outcomes:

Demonstrate and understanding of organizational finance types and goals
Understand and apply fundamentals of business mathematics
Identify, develop and use financial resources to reach organizational goals
Develop a long term financial strategy for organizations

Content Outline

Organizational Finance Types and Goals
- Corporate Finance
  - Capital Structure
  - Capital Budgeting
  - Capital Management
- Public Finance
  - Public Expenditure
  - Public Revenue
  - Public Debt
- Private Business Finance
Fundamentals of Business Mathematics
- Review of percent change, averages, ratios, proportions
- Determining cost, revenue, profit and break-even analysis
Financial Resources
- Human resources and payroll planning
- Accounting applications
  - Taxes and invoicing
- Marketing applications
  - Price setting and markup/markdown
Financial Strategy
- Simple and Compound Interest
- Loans, annuities
- Forecasting
- Monetary Decision Making
  - Funding Sources
  - Net present value, capital rationing and internal rates of return