Finance and Financial Management Commons^™

Financial Statement Analysis Project: "The Big Simulation", Luna Y. Goldblatt, Joao Q. Chaves, Andrew M. Landman, Salmin B. Mwinjuma, Braden C. Vitelli

Open Educational Resources

This project uses real-world financial statements (for Best Buy Co. Inc. and Nvidia Corporation) and creates a role-playing game where students can choose to be one of 4 capital market participants: an innovator that designs a brand-new accounting system, a company that prepares its best version of financial statements, an investor that chooses its ideal portfolio stocks, and a forensic accountant that looks for evidence of earnings management. The project helps student learn to conduct financial statement analysis and appreciate the impact of these statements on company financial ratios and capital market performance.

Eco 2200: Module 1, Dorina Tila

Open Educational Resources

Overview of Financial Management, Firms v. Markets

• Objectives of the firm
• Forms of business organizations
• Coase, R.H. (1937). The Nature of the Firm. Economica, 4(16), p. 386-405.

Eco 2200: Module 2, Dorina Tila

Open Educational Resources

Firms and Financial Institutions

• Financial Markets
• Financial Institutions

Eco 2200: Module 3 - 5, Dorina Tila

Open Educational Resources

Time Value of Money

• Calculate future value (FV)
• Calculate effective interest rate and compounding.
• Calculate present value (PV)
• Calculate rate of returns
• Apply time value of money principles to evaluate investment opportunities
• Optional: Calculate amortization

Eco 2200: Module 7, Dorina Tila

Open Educational Resources

Risks

• Describe the basic return and risk
• Describe portfolio risk, stand-alone risk, and return and market efficiency

Equity & Options

• Describe features of common stock and preferred stock
• Value common stock (dividend growth model, free cashflow valuation model, and market multiples)

Eco 2200: Module 6, Dorina Tila

Open Educational Resources

Bonds

• Describe the key features of bonds
• Distinguish types of bonds
• Measure yield, assess risk, and bond evaluation.
• Interest rates

Eco 2200: Module 8, Dorina Tila

Open Educational Resources

Cost of Capital

• Compute the component cost of capital for (a) debt, (b) preferred stock, (c) retained earnings, and (d) new common equity.
• Describe the weighted average cost of capital (WACC) and how it is used to make investment decisions.

Questions For Discussion Board (Finance Course), Loren Cohen

Open Educational Resources

This assignment is designed to get students to think about the meaning behind the numbers. All too often, students calculate given scenarios without understanding why they are doing so. This will hopefully encourage deeper thinking.

Mad-Lib Style Game Sheet For Calculating Returns, Brett Whysel

Open Educational Resources

A short activity in which students pair up, fill in blanks with nouns, numbers, etc., creating their own practice problems to calculate returns.

Time Value Of Money: An Introduction, Alexander Núñez-Torres

Open Educational Resources

This lecture introduces the time value of money concept. It discusses the present value of a cash flow and how to discount it, the future value of a cash flow and how to compound it. Finally, it discusses three rules for valuing cash flows.

Introduction To Financial Statement Analysis, Alexander Núñez-Torres

Open Educational Resources

This lecture discusses why the disclosure of financial information through financial statements is critical to investors. The function of the balance sheet, income statement, cash flows and statement of stockholder’s equity will be discussed. It discusses financial statement analyses through ratios and financial reporting in finance.

Corporate Finance And Financial Management, Alexander Núñez-Torres

Open Educational Resources

This lecture discusses the importance of financial information in both individuals personal and business lives. It includes description of the important features of the four main types of firms. Then, discusses the three main types of decisions a financial manager makes. Finally, it discusses the tax implications for the different corporate entities.

Fundamentals Of Stock Valuation, Alexander Núñez-Torres

Open Educational Resources

This lecture describes the basics of common stock, preferred stock, and stock quotes; describes a tradeoff between dividends and growth in stock valuation. Finally, discusses how to value a stock as the present value of the company’s total payout.

Valuing Cash Flows Streams, Alexander Núñez-Torres

Open Educational Resources

This lecture discusses how to value a series of cash flows such as perpetuities, annuities, growing perpetuities and growing annuities. Additionally, it discusses how to solve for variables other than present value or future value of cash flows.

Risk And Return, Alexander Núñez-Torres

Open Educational Resources

What is risk? What is return? How are these two related? This lecture discusses the variables that determine the risk and return of stocks. Additionally, it describes the historical tradeoff between risk and return. Finally, it discusses diversification in stock portfolios.

Bonds, Alexander Núñez-Torres

Open Educational Resources

This lecture is about bonds. A bond is a debt investment in which an investor loans money to an entity (typically corporate or governmental) which borrows the funds for a defined period of time at a variable or fixed interest rate. It discusses the bond terminology, how to compute the price and yield of the different types of bonds. Additionally, it describes why bond prices change over time and how credit risk affects a corporate bond.

How To Make Investment Decisions, Alexander Núñez-Torres

Open Educational Resources

This lecture is about making investment decisions. It discusses the net present value (NPV) rules, IRR and other alternative decision rules. Additionally, it discusses how to choose between projects, either mutually exclusive projects, projects with different lives or limited resources.

Zero Textbook Cost Syllabus For Fin 4093 (Corporate Credit Risk), Michele Costello

Open Educational Resources

The course will provide students with an overview of key concepts in corporate credit risk through the lens of a commercial banking risk analyst. Students will be assigned a company to follow throughout the semester and will be required to use the tools of the course to build their own credit rating analysis in a term paper due at the end of the semester. Topics including country risk, industry risk, market risk, business risk (financial and management), and structure risk will be explored through lectures, industry publications, and access to industry analysis and tools. Upon completion of this course, students …

Business Economics: Data For Decision Making, Brian Barnier, Kevin Foster

Open Educational Resources

Syllabus for a course in data analytics for business economics, focusing on use of source data sets to answer the "why?" questions hidden in aggregate averages used in theory and "headline" news releases. Zero cost course using data available widely on the web. Optional texts are trade books available widely in libraries or used copies at low cost.