Skagit Valley College

Catalog Course Search Details

This course has been changed from the previous catalog, the changed field(s) are highlighted in red:

 Course Title:   Principles of Finance

 Title Abbreviation:   PRINCIPLES OF FINANCE

 Department:    BASAM

 Course #:    422

 Credits:    5

 Variable:     No

 IUs:    5

 CIP:    520201

 EPC:    50B

 REV:    2019


 Course Description  

Introduction to the application of financial management principles. Includes the analysis of financial statements for planning and control, cash and capital budgeting, risk and return, capital structure, and financing the short- and long-term requirements of the firm. Apply basic tools and techniques used to value a firm and evaluate and fund prospective investment opportunities.

 Prerequisite  

Prerequisite: Admission to BASAM program and BASAM Director permission.

Additional Course Details

Contact Hours (based on 11 week quarter)

Lecture: 55

Lab: 0

Other: 0

Systems: 0

Clinical: 0


Intent: Distribution Requirement(s) Status:  

Vocational Preparatory N/A  

Equivalencies At Other Institutions

Other Institution Equivalencies Table
Institution Course # Remarks
N/A

Learning Outcomes

After completing this course, the student will be able to:

  1. Apply capital market theory in financial decision making.
  2. Evaluate company performance based on financial statements and other measures and using key financial ratios to provide recommendations.
  3. Apply long-term investment management concepts to capital budgeting decision making.
  4. Demonstrate the management of working capital to achieve the appropriate value for the firm.
  5. Examine primary risk/return criteria regarding financial management in business environments.
  6. Analyze applicable legal and regulatory requirements to determine whether organizations meet legal responsibilities and act with social responsibility.
  7. Apply valuation skills such as NPV, IRR and ARR, to evaluate capital investment projects and overall value of a firm.
  8. PROGRAM OUTCOME: Prepare and complete cost control processes including the ability to establish a budget, prepare cost reports, and forecast expenditures.
  9. PROGRAM OUTCOME: Acquire, organize, analyze, and interpret information and data to make informed, reasoned, equitable decisions and analyze systems for planning and decision-making.
  10. PROGRAM OUTCOME: Demonstrate a knowledge of the local business environment and community and an awareness of issues and opportunities emerging from the changing socio-economic, technological, and environmental landscape.
  11. PROGRAM OUTCOME: Use written & spoken skills & tools, concepts, & models of management applicable to the professional-technical discipline to communicate clearly & create an effective message, while demonstrating a professional presence.
  12. PROGRAM OUTCOME: Demonstrate ability to assimilate, evaluate, & synthesize information from varying media & formats, including the ability to assess qualitative & quantitative data & to apply critical thinking & knowledge in an industry & managerial funct
  13. PROGRAM OUTCOME: Explore, appreciate, and define the opportunities, challenges, and nuances of operating in an increasingly diverse, interconnected, and complex global community.
  14. PROGRAM OUTCOME: Recognize and challenge culture-bound assumptions.

General Education Learning Values & Outcomes

Revised August 2008 and affects outlines for 2008 year 1 and later.

Course Contents

  1. Capital market theory in financial decision making.
  2. Company performance based on financial statements and other measures and using key financial ratios to provide recommendations.
  3. Long-term investment management concepts to capital budgeting decision making.
  4. Management of working capital to achieve the appropriate value for the firm.
  5. Primary risk/return criteria regarding financial management in business environments.
  6. Applicable legal and regulatory requirements to determine whether organizations meet legal responsibilities and act with social responsibility.
  7. Valuation skills such as NPV, IRR and ARR, to evaluate capital investment projects and overall value of a firm.