Financial Decision Making for Managers
MGMT 640 | 3 Credits
Course Desc: An exploration of contemporary managerial practices related to financial decision making in business, government, and not-for-profit organizations. Emphasis is on fundamental concepts of financial accounting and economics, including opportunity cost, the time value of money, and financial analysis. The objective is to apply financial and nonfinancial information to a wide range of management decisions, from product pricing and budgeting to project analysis and performance measurement. Topics include decision-making tools such as break-even analysis, activity-based costing procedures, and discounted cash flow techniques. Activities require extensive use of Microsoft Excel.