ESSENTIAL LECTURE Week 1-1

ESSENTIAL LECTURE Week 1-1 - CorporateFinance USC Dr.Bemis

Info iconThis preview shows pages 1–10. Sign up to view the full content.

View Full Document Right Arrow Icon
Corporate Finance USC Dr. Bemis
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Key Concepts and Skills Know the basic types of financial  management decisions and the role of the  financial manager Know the financial implications of the different  forms of business organization Know the goal of financial management Understand the conflicts of interest that can  arise between owners and managers
Background image of page 2
Basic Areas Of Finance Corporate finance Investments Financial institutions International finance
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Investments Work with financial assets such as  stocks and bonds Value of financial assets, risk versus  return, and asset allocation Job opportunities Stockbroker or financial advisor Portfolio manager Security analyst
Background image of page 4
Financial Institutions Companies that specialize in financial  matters Banks – commercial and investment, credit  unions, savings and loans Insurance companies Brokerage firms
Background image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
International Finance This is an area of specialization within each of the  areas discussed so far It may allow you to work in other countries or at least  travel on a regular basis Need to be familiar with exchange rates and political  risk Need to understand the customs of other countries;  speaking a foreign language fluently is also helpful
Background image of page 6
Why Study Finance? Marketing Budgets, marketing research, marketing financial  products Accounting Dual accounting and finance function, preparation  of financial statements Management Strategic thinking, job performance, profitability Personal finance Budgeting, retirement planning, college planning,  day-to-day cash flow issues
Background image of page 7

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Some important questions that are  answered using finance What long-term investments should the  firm take on? Where will we get the long-term financing  to pay for the investments? How will we manage the everyday financial  activities of the firm?
Background image of page 8
Financial managers try to answer some, or  all, of these questions The top financial manager within a firm is  usually the Chief Financial Officer (CFO) Treasurer – oversees cash management, credit  management, capital expenditures, and financial  planning Controller – oversees taxes, cost accounting,  financial accounting, and data processing
Background image of page 9

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 10
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 10/10/2010 for the course BUAD 215 taught by Professor Bristow during the Fall '09 term at USC.

Page1 / 33

ESSENTIAL LECTURE Week 1-1 - CorporateFinance USC Dr.Bemis

This preview shows document pages 1 - 10. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online