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Apr 25, 2024
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2020 - 2021 College Catalog [ARCHIVED CATALOG]
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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:
- Describe the US financial system.
- Compare and contrast investment types, financial markets, US money and banking system and personal finance
- Analyze how the finance function is interrelated with other personal/organizational areas
- Evaluate financial needs, analyze problems and solutions
- Apply influencing variables that impact the finance function including various economic conditions and regulations
- Analyze current banking and finance trends.
- Evaluate current issues in international finance that impact the US banking system
- Identify current career options and ethical concerns in today’s finance arena
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