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:    2021


 Course Description  

Introduction to the application of financial management principles in the studentís field of interest. Includes the analysis of financial statements for capital decision making and managing working capital (planning and control, equipment purchase and depreciation, budgeting). Covers ways in which financial decisions can be impacted by bias and identifies ways to manage the related risk.

 Prerequisite  

Prerequisite: 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. Identify major financial management principles such as the importance of cash, time value of money and return on investments, by researching their application in student's field of interest.
  2. Investigate key principles of organization financing such as capital structures and sources, sources of revenue, working capital management, and financing by researching applications in student's field of interest.
  3. Assess approaches to managing financial risk, including the impact of bias, by reporting on investment simulations.
  4. Evaluate the tension between financial return and social responsibility by analyzing trends in student's field of interest.

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.