BUSI 220 - Principles of Finance

Credit Hours: 3
Lecture Hours: 3
Laboratory Hours: 0

Prerequisite(s): ACCT 115 or permission of the instructor

Restriction(s): None

Corequisite(s): None

This course introduces students to the organization and operation of American banking and financial institutions, sources of funds, the practical aspects of money, and short- and long-term credit for consumers and small businesses. Emphasis is given to personal finance topics including budgeting, time value of money and risk, short and long term financial goals, taxation, insurance, consumer credit and dealing with indebtedness. Discussion of related happenings, issues, trends, etc. is entered into as they occur.

Student Learning Outcomes of the Course:

Students can discuss the reading material and describe a basic understanding of the US financial system.
Able to define and compare/contrast investment (types), financial markets, US money, US banking system and personal finance
Students can analyze how the finance function is interrelated with other personal/organizational areas
Students will be able evaluate financial needs, analyze problems and solutions
Students will be able to apply influencing variables that impact the finance function including various economic conditions and regulations
Students will be able to analyze current banking and finance trends.
Students will be able to evaluate current issues in international finance that impact the US banking system
Students will be able to evaluate current career options and ethical concerns in today’s finance arena