FIN 320F - Foundations of Finance
|Course Number||Course Title||Day & Time||Course Fee||Register|
|FIN 320F||Foundations of Finance||Online||$850.00|
This course develops your ability to use economic decision tools in a market environment. Making good economic decisions involves integrating behavior, economic, and political information into a qualitative and quantitative decision process. While a main focus of this course is business decision making, the course also shows that the market-valuation approach is essential for all market participants, including investors, governments, and non-profits.
This course is independent study and is self-paced. Students have five months upon registration in which to complete all coursework. Exams must be taken in person at an approved testing center (learn more). Proctoring fees vary by site and are not included in the course fee.
Regardless of your profession, you make decisions involving money:
- Should you hire additional staff or offer existing employees overtime?
- Should you upgrade or replace scheduling software for your production process?
- Which of three alternatives should an engineer choose to decommission an off-shore platform?
- How would profit from your Mexican customer be affected by a change in exchange rates?
- Would a fundraiser for your museum actually provide enough cash for acquisitions?
Money also appears in your personal decisions:
- Should you buy or lease a car?
- Should you take out a 15-year or a 30-year mortgage?
- How would you develop an investment plan for your own retirement?
To achieve success in decisions such as the above, this course will help you to develop an understanding of the overarching concepts of market value, the insights to identify the cash flows that would result from your decision, and the quantitative ability to compare costs and benefits.
Textbooks and Materials
The materials for this course (textbook, cases, readings, etc.) have been embedded electronically within the UT Canvas learning management system. The supporting text is Essentials of Corporate Finance, 9th ed., by Ross, Westerfield and Jordan, McGraw Hill. Materials are required and must be purchased through the course in Canvas (cost is approximately $125); alternate versions of the textbook may not be used.
A basic financial calculator, such as an HP 10B11+, is recommended.
45 hours of college coursework and one of the following: Accounting 310F; 311 or 311H, and 312 or 312H; or 6 semester hours of accounting coursework.
Students should contact the University Extension advisor with any questions about prerequisites or placement in our courses. All students should contact their academic advisor with any questions about how this course fulfills their degree requirements.